ZyCrypto

XRP faces fresh scrutiny after Cyber Capital founder Justin Bons ignited a firestorm over the network’s decentralization, accusing the XRP ecosystem of misleading retail investors.
In a blistering critique, Bons questioned Ripple’s influence over the XRP Ledger, citing a controversial software update and validator-list controls as evidence the network may be far more centralized than its supporters claim. His explosive allegations have reignited a long-running debate over who really holds the power behind XRP.
Bons Rips Into XRP Over Closed-Source Code
Justin Bons has launched a fierce attack on XRP’s decentralization claims, arguing that marketing the network as decentralized while retail investors remain unaware of its alleged limitations is deeply misleading. He even called it “straight-up fraud,” escalating the long-running debate over how much control Ripple and other influential entities hold over the XRP Ledger.
At the heart of Bons’ criticism is a software update that he claims has kept XRP running closed-source code for roughly two weeks. With the update expected to become mandatory on October 9, he warns that validators who refuse to comply could risk being excluded from the network. In his view, the situation raises serious questions about validator independence and who ultimately determines the rules governing the XRP Ledger.
The pundit also challenged the argument that withholding the code was necessary to address a critical security vulnerability. He pointed to Bitcoin, Ethereum, and Solana as examples of networks where developers can urge validators to install urgent updates while making the corresponding source code available without immediately disclosing the vulnerability’s details.
According to Bons, this approach strikes a better balance between protecting a network from potential exploits and maintaining transparency. He warned that closed-source binaries carry their own risks because validators cannot independently inspect the code before running it, potentially leaving them exposed to malicious changes. For the Cyber Capital founder, open-source transparency is a fundamental safeguard that security should not overlook.
Bons’ Final Blow at XRP Targets Ripple’s Token Supply and Centralization Claims
Bons says the XRP software controversy exposes a deeper problem: what he calls a Proof of Authority (PoA) model that gives Ripple and the XRP Ledger Foundation outsized influence through their recommended validator lists.
He argues that this influence undermines XRP’s decentralization claims, placing the network closer to the centralized end of the blockchain spectrum than investors may realize.
Bons also targeted Ripple’s transparency, comparing XRP to Canton and accusing the company of misleading investors about how decentralized the network really is.
Bons concluded by framing the controversy as part of what he sees as a broader pattern of deception surrounding XRP. He also criticized Ripple’s large share of the token supply and its periodic public sales, arguing that concerns over centralization are compounded by its closed-source code. He warned that concentrated control can create risks for network participants, reigniting questions about transparency, accountability, and trust in the XRP Ledger.

Leading on-chain analytics firm Glassnode took a deep dive into the Bitcoin market after the asset jumped above $85,000.
Where is Bitcoin headed?
Glassnode observed that Bitcoin broke above $85,000 on thin volume and limited fresh capital inflows before retreating. Combined spot exchange and U.S. ETF volume averaged just $6.8 billion a day, lower than 90% of days since early 2024.
Notably, new money from ETFs, stablecoins and corporate treasuries accounted for less than 40% of the recent $12.8 billion rise in realized cap, leaving the advance dependent on existing holders paying higher prices.
Recent short-term buyers locked in gains at the Sunday close above $85,000, producing the highest share of profitable exchange inflows in a year. Options markets have turned constructive again, with put/call ratios sitting in the lower third of their 2026 range and traders now spending about $17 million more per day on calls than puts on a 30-day average.
Liquidation levels cluster mainly below current prices, with the nearest large pocket between $81,700 and $83,300 and the heaviest band far lower near $60,000 to $63,000. Sellers have stacked fresh ask blocks around $86,500 while the biggest bids on Binance sit at $81,000. Macro data releases this week produced only fleeting gains in Bitcoin as U.S. equities held firm, and the American trading session has been a net seller since the late-September breakout.
Altcoins led Bitcoin into late September but now lag, with fewer than 30% outperforming in the latest week after earlier strength. Leverage across large- and mid-cap tokens has stretched to levels last seen before the October 2025 sell-off, raising the risk of forced unwinds if prices keep slipping.
At report time, the total cryptocurrency market capitalization stands at roughly $2.8 trillion, while the apex cryptocurrency Bitcoin rose about 0.7% over the last day to trade at $82,787.

Santiment data reveals Solana’s network growth has jumped 124% since early September. Fresh users are entering the ecosystem at a sharply accelerated rate.
Around 1.71 million new wallets are now created daily on the blockchain. This marks a clear acceleration in onboarding activity across the network.
Daily active addresses have climbed 58% over the same stretch. Roughly 4.27 million unique wallets now interact with Solana each day.
The onchain analytics platform says more wallets are both joining and actively using the network. That combination strengthens the case for sustained expansion.
Historically networks that attract more users and real utility have supported higher market caps over time. If Solana continues growing its active user base, rising network value could eventually follow.
SOL on track to hit $500 in price value?
Solana’s SOL is expected to benefit from recent developments, the most recent of which is a collaboration with a leading tech firm.
Notably, Samsung recently partnered with Solana to integrate crypto stablecoin transactions into Samsung Wallet, enabling the feature across 82 million Galaxy devices in the United States.
Starting in the last week of October 2026, eligible users will be able to send USDC for cross-border remittances directly from the familiar wallet interface that already handles cards, IDs and boarding passes. The service will run on Solana infrastructure behind the scenes, with support also from Sui, while Coinbase and Bastion handle custody and related systems.
Users can transfer to external wallets at no fee from Samsung or send funds to bank accounts in more than 60 countries for local-currency payouts, marking a major push to bring stablecoin payments into everyday mobile use.
In response to the new development, a notable market player anticipates a price pump for SOL, targeting a whopping $500.
The most bullish news of the year for Solana Send SOL straight to $500 right now!! https://t.co/wvRdhc15rc
— borovik (@3orovik) October 8, 2026
With SOL trading at a press time price of $109, a jump to $500 will require bulls to push the asset up by 360% in the longterm.

Cardano has become the talk of crypto town as it pushes for a dedicated internet domain, while soaring whale activity and rising social interest suggest momentum around ADA is building again.
Taking on X, the Cardano Foundation has acknowledged its application for the .ada top-level domain, which has progressed to the next phase of the Internet Corporation for Assigned Names and Numbers (ICANN) Generic Top-Level Domain (gTLD) Program.
If given the green light, .ada would give Cardano a place in the global internet addressing system alongside notable extensions such as .com and .org.
This application follows a community Governance Action that received approximately 75% support, showing heightened interest and backing for the initiative.
Why is this development important? Securing the domain could strengthen Cardano’s digital identity and expand its presence beyond the blockchain & crypto space.
Whale Activity in the Cardano Network Goes Through the Roof
Cardano whale transactions have been on overdrive mode after hitting a 4-month high, according to Santiment Intelligence.
Source: Santiment Intelligence
The leading on-chain metrics provider noted that Cardano recorded 413 transactions worth more than $100,000 in a single day, marking its highest whale activity since June 4.
This increase comes as ADA’s market capitalization has jumped about 42% since September 16.
Social interest is also keeping pace: Santiment noted that ADA’s social dominance reached 1.16%, its highest reading of 2026, as the altcoin rebounded from around $0.19 to $0.27 and returned to the spotlight. Per CoinGecko data, Cardano is currently trading at $0.24.
What developments have triggered this renewed interest? Well, RealFi, a platform built around a stablecoin system and real-world assets (RWA) went live on Cardano’s mainnet earlier this month.
Furthermore, anticipation around Leios, Fireblocks support, and potential new institutional integrations has fueled discussion about Cardano’s future.
As a result, these undertakings could help strengthen confidence in ADA’s long-term prospects.
Meanwhile, despite trading more than 90% below its all-time high, Cardano may still have underlying strengths that the market is overlooking. Market analyst John Nakamoto recently described on-chain findings as “insane,” arguing that activity beneath ADA’s battered price chart deserves closer examination.

XRP continues to gain steam in the mainstream and institutional crypto market arena after Paxos Crypto Brokerage added support for the digital asset.
Paxos Crypto Brokerage, a regulated infrastructure provider powering crypto services for major companies including PayPal, Venmo, Interactive Brokers, Charles Schwab and Mercado Libre, will now let its partners offer XRP to customers.
Why is this integration ideal? It will let brokerage partners offer XRP buying, selling, holding, deposits, and withdrawals through the Paxos platform.
XRP is now held across more than 8.1 million wallets, while its market capitalization stands at nearly $95 billion.
As established financial institutions increasingly integrate crypto services, adding XRP to Paxos’ infrastructure could expand its reach among users who might otherwise have limited access to the token.
XRP Continues to Gather Attention
Evernorth, the largest public XRP treasury company, posted an update on X (formerly Twitter) about its planned merger and Nasdaq debut.
The company acknowledged that an administrative delay pushed the expected closing to Friday, October 9, and that XRPN is expected to begin trading on Nasdaq on Monday, October 12, subject to customary closing conditions and Nasdaq listing requirements. Notably, XRPN is Evernorth’s Nasdaq stock ticker.
Furthermore, a welcome move was unfolding after Evernorth acknowledged that Armada II shareholders had already approved the merger, with the remaining process being satisfaction of Nasdaq’s listing requirements.
Meanwhile, speculation surrounding a potential Ripple-SWIFT connection dominated conversations across the XRP community earlier this month.
More notably, the rumor suggested a possible alliance between Ripple and SWIFT, which triggered a wave of excitement across social media, as reported by ZyCrypto.

Cardano’s ADA could be gearing up for one of its most ambitious comebacks yet, with one pundit outlining a potential path back to its $3.10 historic high. Such a move would require a rally of more than 1,000% from current levels, putting the spotlight back on ADA’s long-term recovery potential.
But can the embattled altcoin stage a stunning reversal and reclaim the peak that once made it one of crypto’s hottest assets?
Cardano’s Extended Building Phase Could Set the Stage for Massive ADA Rally
In a recent YouTube analysis of top crypto investments for altcoin season, Jordan from Trading Bureau described Cardano’s price action as healthy, pointing to its potentially attractive risk-to-reward setup. He argued that ADA has a history of spending extended periods building before explosive rallies, suggesting the current phase could be following a similar pattern.
“Cardano has been known to develop and develop and develop before giving nice parabolic increases, and we are seeing something similar happening now,” Jordan posited.
According to Jordan, ADA’s current sideways movement could be more than just another period of price stagnation. He sees similarities to earlier phases when Cardano consolidated before launching into powerful rallies. The analyst also noted that ADA is trying to recapture a liquidity zone tied to the week of October 11, a level that could prove important for its next move.
Jordan believes a repeat of this historical behavior, combined with fresh buying pressure, could propel ADA toward a staggering 1,000% gain. He highlighted Fibonacci extension levels as possible destinations for such a rally, though he offered no timeframe for when the move might unfold.
More Bullish Catalysts That Could Supercharge Cardano’s Comeback
Beyond chart patterns, Jordan’s bullish case for Cardano rests on the network’s broader fundamentals. He points to its established community, research-driven development, and proof-of-stake technology as key factors that could fuel ADA’s long-term growth.
He also highlights the expansion of Cardano’s decentralized finance (DeFi) ecosystem, which could attract more users and capital, as well as its on-chain governance framework, which gives the community a say in the network’s future. Cardano’s growing ambitions in Africa add another dimension to its adoption story, with blockchain initiatives targeting real-world challenges such as transparency and access to services.
Together, these factors could strengthen Cardano’s long-term growth prospects, although sustained progress will depend on real-world adoption, ecosystem activity, and successful execution.
Can ADA Stage a Stunning Comeback to $3.10?
ADA is facing a short-term setback, slipping 4.7% to $0.2378 over the past 24 hours. Yet the broader picture remains encouraging, with ADA up 9.6% over the past 30 days. The token has rebounded sharply from its June low of $0.1378, even briefly touching $0.28 this week before sellers stepped back in.
Jordan sees the potential for an even bigger move, forecasting roughly 1,000% upside if ADA makes it back to its previous peak. From around $0.237 to $3.10, ADA would deliver a gain of approximately 1,208%, representing a roughly 13.1-fold increase from its current price.
Still, such a recovery is far from guaranteed. ADA would need to overcome major resistance levels and sustain significant buying pressure to turn the bullish outlook into reality. For Jordan, however, Cardano’s price structure and broader ecosystem fundamentals make it a cryptocurrency to watch as the market looks toward the next altcoin season.

Bitcoin’s long-term security is facing renewed scrutiny after Glassnode co-founder Rafael Schultze-Kraft estimated that 6.26 million BTC, representing 31.2% of the cryptocurrency’s supply, sits in addresses with exposed public keys.
The findings follow an urgent warning from Ethereum Foundation researcher Justin Drake, who urged the blockchain industry to prepare for a potential cryptographic breakthrough that could put existing wallets at risk.
“Today I call upon the blockchain industry to calmly begin planning for ‘bunker mode,” Drake wrote in a post on X Wednesday, recommending a controlled migration of assets to fresh addresses whose public keys remain hidden behind a hash.
Drake warned that the threat might emerge sooner than anticipated, arguing that “it is now reasonable to brace for the possibility that ECDSA breaks before qday, in the worst case in months, not years.”
For context, ECDSA is the digital signature scheme Bitcoin uses. A sufficiently powerful quantum computer could theoretically exploit its mathematical structure to recover private keys from exposed public keys. Drake also raised the possibility that advances in artificial intelligence could accelerate mathematical breakthroughs that weaken existing cryptography.
According to Rafael’s analysis, 4.33 million BTC have exposed public keys because of address reuse. Another 1.94 million BTC are exposed through their transaction or script types, including approximately 1.71 million BTC held in legacy Pay-to-Public-Key (P2PK) outputs. This category includes around 1.1 million BTC attributed to Bitcoin creator Satoshi Nakamoto.
The latest estimate puts the exposed share at 31.2%, up from 24.8% in early 2021 and back to levels last seen in 2016.
Notably, this debate emerges even as US government-linked wallets moved substantial amounts of seized Bitcoin this week, adding another development to the debate over how large holders manage their assets.
On October 8, blockchain tracking firm Lookonchain reported that a government-linked wallet transferred 12,267 BTC, worth approximately $1.01 billion, to a newly created address. The funds were linked to Bitcoin seized from the 2016 Bitfinex hack. Separate transfers also sent approximately 9,261 BTC, valued at $770 million, to Coinbase Prime.
The transfers do not establish that the government sold the assets or moved them because of quantum concerns. Nevertheless, they highlight the importance of distinguishing between wallet transfers, custody arrangements and actual sales when assessing major Bitcoin movements.
Meanwhile, Schultze-Kraft’s estimates suggest that 57% of Bitcoin held on centralized exchanges sits in addresses with exposed public keys, compared with 55% in May and 39% in early 2021.
Approximately 1.79 million BTC held by exchanges fall into the exposed category. The proportion varies across platforms, with estimates of 10% for Coinbase, 83% for Binance and 100% for Bitfinex.
Schultze-Kraft cautioned that the figures “should not be construed as a risk rating, a signal of solvency, or a statement about the safety of any exchange or depository.”
Drake’s warning also comes as Ethereum co-founder Vitalik Buterin questions whether artificial intelligence could weaken cryptographic systems before quantum computers become sufficiently powerful. Notably, Buterin cautioned against rushing into wallet migrations
“I don’t recommend anyone scramble to move their funds to new wallets today,” he said on Thursday.
He further argued that the industry must consider potential AI-related vulnerabilities alongside quantum risks.

A 2-year-old $HYPE whale is starting to realize massive gains, pocketing large profits in sizeable transactions. According to basic on-chain analysis, the investor is currently sitting on a 26x gain on the now-major cryptocurrency, becoming a trading legend in the process and showing that a buy-and-hold strategy can still work wonders over the riskier day-trading alternative.
Analytics firm Lookonchain tweeted regarding the successful investor:
Image Source: X
According to Lookonchain’s reporting, the whale began buying three and a half years ago using its HIP-2 system address. The transactions occurred in batches of 1,000-5,000 tokens until the total reached 257,928. The buying price for $HYPE tokens ranged from $ 3.39 to $3.72. The token is now trading around $85 at press time, slightly down from the $90 valuation it traded at in previous weeks.
The whale paid $902k for the entire stash, and it is now worth more than $23 million, a 26x increase. The whale had been lying dormant for most of the last 2 years until it suddenly started liquidating its holdings. It deposited a significant portion of its $HYPE holdings in batches of 50,000, 51,421, and 30,000 tokens, plus smaller residual amounts.
Why is the Whale Deciding to Liquidate Now?
$HYPE has produced strong results over the last couple of years, with gains of up to 26x. So, this major holder’s move to sell their stash, in whole or in part, is likely a simple profit-taking exercise. The cryptocurrency went as low as $52 back in August as the crypto market endured crippling bearish conditions.
Now, with $HYPE comfortably back above $90, it seems like an opportune moment for the holder to realize a large portion of their gains. They still hold more than half of their coins even after the 26x gain, which analysts argue shows major conviction. Major moves like this remain rare, as investors regularly lose money rather than make money because of higher entry points, scams, and limited HODLing capacity.
On-chain analysts haven’t yet identified the mysterious whale beyond the reported activity. Since the whale deposited their coins into a centralized exchange, they likely want to convert them into other assets. This is a common strategy for investors looking to flip an asset.

A recent Galaxy Research analysis revealed significant losses among retail traders on Polymarket’s international platform. The firm found that 69.2% of roughly 2.9 million human-paced “retail” accounts finished below break-even. According to the report, these accounts posted aggregate losses totaling $338.9 million.
As the report reads:
“Out of retail accounts, 69.2% finished below break-even (unprofitable). In aggregate, the population is down $338.9m.The median retail account is down ~$3.00, and half the population falls between -$36.64 and +$0.40. These are amounts that wouldn’t change anybody’s life. As expected, the money is in the tails. The first percentile is -$4,804 and the 99th is +$3,381.”
The research relied on on-chain settlement data curated by Stork. The study found clear differences in trading behavior after different outcomes. Notably, an estimated 15.2% of accounts did not trade again within 30 days after a loss. By comparison, only 6.1% of accounts stopped trading within the same 30-day window after a win. This gap suggests losses may prompt more accounts to step away than wins encourage continued activity.
The research found that winning tends to keep users on the platform, with 6.1% of accounts not opening another position within 30 days after a win. Meanwhile, after a loss, 15.2% of accounts did not open another position. Losing accounts are reportedly 2.5x as likely to walk away.
The research also found notable concentration in participation patterns. About 44.1% of traders concentrated more than 60% of their activity in a single topic. Specialization across topics produced mixed profitability results.
Sports specialists made up 47% of specialists overall, but the group recorded the lowest profitability rate at 25.1%.
In contrast, tech and science specialists achieved the highest profitability rate at 41.2%. The tech and science sample was smaller, which the analysis noted as a limiting factor for drawing broader conclusions from that category.
Notable differences also appeared in how profitable and unprofitable traders sized their positions. Profitable traders had a median position size of $13.96, while unprofitable traders showed a lower median position size of $10.
At the same time, holding time displayed no clear relationship with profitability. The data did not show a consistent link between how long positions were held and whether traders ended up profitable.
Overall, Galaxy’s findings show that most of the roughly 2.9 million human-paced retail accounts on the platform finished underwater, with aggregate losses of $338.9 million and distinct patterns in post-loss exits, topic concentration, specialization outcomes, and position sizing.

In a recent report, on-chain analytics firm CryptoQuant observed that the S&P 500 has advanced in all 19 twelve-month periods following U.S. midterm elections since 1950, delivering an average return of 15.4%. Notably, the third year of a presidential term has also tended to be the strongest for stocks, with lower political uncertainty encouraging risk-taking, CryptoQuant notes, while stressing that these historical tendencies do not establish causation.
Per the report, Bitcoin posted gains of 24.5%, 44.9%, and 92.3% in the twelve months after the 2014, 2018, and 2022 midterms, respectively. Subsequently, the cryptocurrency dropped 45.5% in the first month following the 2018 vote. With only three data points, CryptoQuant says, no durable pattern can be reliably inferred.
CryptoQuant’s data show that Bitcoin’s price and the number of active addresses can move independently, as active addresses do not equate to individual investors and provide no direct gauge of demand for spot Bitcoin ETFs.
Broader market conditions remain pivotal in the long term
The U.S. 10-year Treasury yield stood at 5.28% on October 2, and a procedural vote on the CLARITY Act failed in September. According to the analysis, clear election outcomes alone will not automatically loosen financial conditions or settle regulatory questions.
Notably, U.S. spot Bitcoin ETFs recorded $241.1 million in net inflows between September 28 and October 2. CryptoQuant suggests monitoring whether yields stabilize, inflows continue, and regulatory progress materializes.
Political clarity may support Bitcoin, but sustained advances will still depend on favorable market fundamentals. Historical trends supply useful context, the firm concludes, but they are not a forecast.​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​
At report time, Bitcoin is trading at $83,191, up roughly 1.5% over 24 hours. 30-day gains remain positive at nearly 5%, while weekly performance is mixed.​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​

Ethereum co-founder Vitalik Buterin flagged a risk to digital assets posed by artificial intelligence (AI) accelerated maths. This comes amid growing fears about future supercomputer vulnerabilities and recent drains on crypto projects.
AI Could Compromise Networks Within Years
In a recent X post, Buterin told the community that AI-accelerated mathematical advances could weaken lattice-based cryptography within two years. According to him, factoring takes a specific amount of time, but smart individuals optimized sieve numbers.
One solution would be to make RSA signatures and keys 400 bytes instead of 64 bytes. To neutralize threats, Ethereum adopted a lean roadmap focused on hash-only without ML-DSA, lattices, Falcon, etc.
“To me, that’s a very plausible world and something not at all extreme to predict. If AI will bring us 50 years of math in 2 years, then that 50 years of math may very plausibly include a “naive factoring -> GNFS” level of improvement to our ability to break lattices. In that world, lattices will still exist, but they will have to be significantly bigger to guarantee the same level of safety.”
While a hash-only approach can seem perfect for signatures and proofs, questions surround public-key encryption. Right now, crypto projects can use a structured trapdoor object. The dilemma is that, because it has structure, AI will likely try to exploit it.
Crypto users have also flagged concerns that AI development could negatively affect network structure. Despite scaling benefits, harmful tools in the hands of bad actors could expose the sector to widespread losses.
Ethereum researcher Justin Drake also wrote on X that AI will break digital asset wallets before quantum computers. He projects this will happen in months, unlike Buterin’s two-year estimate. To prevent losses, he suggested that holders rotate keys after signing transactions and move assets to unexposed addresses.
Previously, he stated that AI is becoming capable of hacking multiple systems. This follows growing fears about Q-Day, when supercomputers will potentially break digital asset cryptography.
Recent trials of new models have shown they can escape sandboxes and take down sites, but they stressed the underlying utility. The network uses models to verify protocols and application layers, identify bugs, and improve overall security.

A seismic shift just hit the $7.5B tokenization market. XRP Ledger, long pigeonholed as a cross-border settlement network, dethroned Ethereum in tokenized commodity growth in 2026.
Why Industry Giants Are Ditching Ethereum For XRPL
Data from Token Terminal and RWA Foundation shows just how dramatically the tokenization race has shifted. XRPL recorded roughly $2.2 billion in net capital inflows into tokenized commodities since the start of 2026, putting it ahead of Ethereum, which attracted about $1.6 billion during the same period.
.@XRPLF Ledger has added $2.2 billion in tokenized commodity market cap so far this year, leading the sector. Via @tokenterminal. https://t.co/Xid57ln15h pic.twitter.com/dGecqXPhPk
— RWA Foundation (@RWAFoundation_) October 6, 2026
The figures place XRP Ledger at the top of the commodity-tokenization leaderboard, marking a notable shift in the battle for real-world asset activity.
The gap widened significantly beyond the top two networks. Avalanche secured third place with roughly $334.5 million in net capital inflows, while BNB Chain was a distant fourth at just $57.5 million.
Tokenization essentially transforms ownership of real-world assets, from stocks and bonds to investment funds and real estate, into digital tokens recorded on a blockchain. Supporters argue that the process can make markets more efficient by speeding up settlement, cutting operational expenses, enabling 24/7 trading, and allowing traditionally large assets to be divided into smaller, more accessible ownership units.
The shift in the tokenization race reflects a fundamental difference in how the two networks handle asset issuance. Ethereum relies on smart contracts and variable gas fees to create and manage tokenized assets, while XRPL has asset issuance built directly into its core protocol. Its native IOU functionality enables real-world assets to be represented on-chain with transaction costs of less than a cent, while transactions can settle within roughly 3–5 seconds.
The energy sector emerged as the key catalyst behind XRPL’s rise above Ethereum in commodity tokenization. A significant portion of the network’s liquidity came from Justoken, a Latin American company that launched JMWH, a tokenized contract tied to electricity generation.
RWA.xyz data as of October 5, 2026, highlights just how rapidly activity on XRPL has accelerated. Monthly real-world asset transfer volume surged more than 224-fold to a record $7.03 billion, while the value of represented assets jumped 56% in just 30 days to $4.52 billion.
The network’s stablecoin market also expanded, reaching $1.25 billion in market capitalization, with the integration of Ripple’s native RLUSD playing a major role. Meanwhile, monthly stablecoin transaction volume climbed to approximately $5.01 billion, underscoring the growing flow of capital through XRPL.
XRPL Attracts Major RWA Players as Tokenization Momentum Builds
Momentum around XRPL extends beyond commodities, with several major players in the broader real-world asset market now tapping its infrastructure. Franklin Templeton has brought $48.3 million to the ecosystem, while Ondo Finance accounts for another $187.5 million. Middle Eastern developer DAMAC has also used XRPL to tokenize ownership interests tied to premium Dubai real estate projects, including Park Ridge Tower, Prive, and J One.
Ethereum, however, continues to lead the broader RWA market by total asset value, driven largely by its dominance in tokenized U.S. government bonds. The picture changes in physical assets and commodities, where XRPL is gaining notable traction among institutional and industrial players.

Bitcoin has entered the final quarter of the year, and as usual, market participants, market analysts, and Bitcoin traders are anticipating a long-term price rally. As predictions pour in from key players, market watchers are noting Bitcoin’s historic performance during this time of year. In a recent CNBC report, a reporter noted that Bitcoin has historically outperformed in October.
“‪October is historically a very strong month for Bitcoin, and there have only been three negative Octobers since 2013, and there are signs that this one could play out exactly as Bitcoin wants and hopes. Data from Cryptoquant shows stablecoin inflows Binance are up 40% over the last 40 days‬.” The reporter asserted.
The CNBC reporter added that stablecoin inflows to Binance are rising, suggesting large holders are moving cash into the exchange ahead of potential market moves and a possible “Uptober” rally. Those inflows have climbed 40%, totaling an estimated $40 billion over the past 40 days. The reporter noted that institutional players are also buying Bitcoin, citing the recent uptick in ETF inflows. Going forward, investors expect Bitcoin to advance without heavy leverage, though the picture remains mixed.
Notably, Interest rates and liquidity conditions are turning more supportive. As the reporter added, the latest jobs data shows the economy weakening enough that the Federal Reserve may have fewer reasons to keep raising rates. That shift frees up more capital for crypto purchases and creates a more favorable environment for risk assets. With a crypto-friendly regulatory backdrop, the setup could point to a bull market year, as the next major data inflection point may prove the most interesting piece of the puzzle.​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​
At press time, Bitcoin is trading at $81,666, down 1.9% over the past 24 hours and more than 3% over the past week.

Dogecoin (DOGE) traded lower Thursday as a broader crypto market selloff weighed on digital assets. Bitcoin fell below $84,000, hitting $81,254 before partially recovering.
The downturn triggered a wave of long-position liquidations across the market. According to CoinGlass, traders liquidated about $688.8 million in crypto positions over the past 24 hours.
Nevertheless, Dogecoin is approaching a key technical decision point, with one analyst warning that the meme coin could be preparing for a sell-side liquidity (SSL) sweep before making its next major move.
Crypto analyst Trader Tardigrade believes Dogecoin is repeating a structure seen during a previous uptrend. According to the analyst, DOGE has formed a series of lower highs while repeatedly finding support around a former swing-high area.
“Always prepare for the SSL Sweep during an uptrend,” Trader Tardigrade stated in a Tuesday tweet.
The analyst identified the recent low as the key sell-side liquidity (SSL) target. A sweep would involve DOGE moving below that level to collect liquidity before potentially reversing higher.
He also said traders should closely monitor price action after it moves below the SSL. A rejection could set the stage for another new high, while sustained acceptance beneath the level could signal that DOGE is transitioning from an uptrend into sideways trading.
Notably, the setup comes as DOGE remains compressed inside a descending triangle, according to analyst Ali Martinez. The pattern has tightened as price moves toward its apex, raising the possibility of a bullish breakout.
Martinez has flagged $0.095 as a key confirmation level. He previously said a four-hour close above that threshold could validate a bullish breakout and open the door toward $0.106.
DOGE has nevertheless struggled beneath nearby resistance. The cryptocurrency recently traded around $0.098, where about 28 billion DOGE previously changed hands.
That resistance could determine whether the anticipated breakout gains traction.
Despite the technical pressure, large holders have been accumulating Dogecoin. Last week, data showed whales bought more than 1.14 billion DOGE over a 96-hour period, worth about $112 million at the time.
The buying emerged around the $0.098 resistance zone, suggesting that some large market participants may be positioning ahead of a potential breakout.
However, Martinez warned that clearing $0.098 would not immediately remove all overhead barriers. The next significant supply zone is around $0.11, where approximately 4.98 billion DOGE previously changed hands.
At press time, DOGE price was trading at $0.083, down 6.11% in the past 24 hours.

Samsung, the world’s largest smartphone maker, is partnering with Solana (SOL) to bring USDC stablecoin transfers directly to Galaxy devices, potentially putting blockchain-based payments in the hands of more than 1 billion users globally.
Announced Tuesday, the partnership will initially make Solana-powered USDC transfers available to 82 million Galaxy devices in the United States, with the service expected to launch in the last week of October.
Through Samsung Wallet and Samsung Pay, eligible users can send USDC across borders using Solana. Built-in fiat on- and off-ramps will also allow users to convert between digital dollars and local currencies, removing much of the complexity typically associated with crypto transactions.
Notably, Samsung’s annual device shipments and its massive installed Galaxy base could make the integration a major distribution channel for stablecoins if the feature expands internationally. Rather than requiring users to download a separate crypto wallet or interact with an exchange, Solana’s infrastructure will operate largely behind the scenes.
“Stablecoins have the potential to make moving money around the world faster and easier,” said Woncheol Chai, head of Samsung Electronics’ digital wallet team.
The partnership comes as Solana continues to gain traction in the stablecoin and payments sector.
PayPal and Western Union have already used Solana for stablecoin initiatives, while Visa has tapped USDC on the network for payment settlement. The Solana Foundation said stablecoin activity on the blockchain has grown significantly, with more than $5.25 trillion in stablecoin volume processed in 2026.
The network is also seeing rapid growth in its user base. According to Solana-focused outlet SolanaFloor, the number of stablecoin holders on Solana has surpassed 14 million, marking a new all-time high and representing more than 4 million additional holders since the start of the year.
The development comes as payment companies increasingly turn to blockchain networks to move digital dollars faster and across borders. Earlier this year, Western Union announced a Solana-based initiative, while Visa began settling stablecoin transactions on the network. With more pilots emerging and stablecoin activity surging, Solana appears to be hitting a major inflection point for payments.
Samsung has also been steadily expanding its digital-asset footprint. The company introduced blockchain wallet functionality on Galaxy smartphones in 2019 and has since added further crypto integrations, including Coinbase access for U.S. users.
Notably, Solana is not the only blockchain entering Samsung Wallet. Sui also announced that Samsung Wallet will support USDC on its network across 82 million Galaxy devices in the United States.
Users will be able to hold and transfer USDC within the wallet, while Sui said transfers will carry zero network fees, meaning users will not need SUI tokens to cover gas.
For Solana, however, the Samsung partnership represents a potentially significant mainstream adoption opportunity.
That said, the initial rollout is limited to eligible U.S. Galaxy users, with expansion into additional markets subject to local regulatory requirements. If Samsung eventually extends Solana-based stablecoin functionality across its global Galaxy ecosystem, billions of dollars in digital payments could move closer to everyday smartphone users.

Joseph Chee, chief executive of Solana Company, today drew attention by suggesting cryptocurrencies could enter another supercycle if China restarts crypto trading.
Unconfirmed reports online suggest China could lift the crypto ban by year-end. This appears to be true. Today, Solana’s CEO said China could power the next crypto supercycle, and it is rumored to be preparing to soften its crypto restrictions by the end of 2026. Although the executive did not give a timeframe, he said China could trigger the next Bitcoin supercycle if the state allows its citizens to trade crypto under strict control.
Previously, Chee led Asia investment banking at UBS. He is now the CEO of Solana Company, a Nasdaq-listed company that holds SOL tokens as its primary treasury reserve.
China’s role in the next crypto supercycle
In an interview aired earlier today, Chee told CNBC’s Squawk Box Asia that China closely follows crypto technology through experts and scholars. The executive said government officials are using Hong Kong as a hub to examine how to relaunch and regulate cryptocurrencies.
Based on his interview, Chee believes Beijing is figuring out how to manage the technology while allowing citizens to access crypto trading. With that access potentially opening, the executive said China is poised to unlock another supercycle for Bitcoin and the wider crypto market. For now, Chee believes China may not allow trading or the global issuance of stablecoins, digital assets tied to currencies like the US dollar, based on his knowledge.
Why it may consider reopening crypto
China has one of the world’s largest investor populations. Since 2021, it has banned crypto trading and mining nationwide, citing financial risks and energy concerns.
As Chee shared, the Asian country may be aiming to reopen crypto trading. Although it restricts crypto trading, the state has strongly supported blockchain technology. Despite the nationwide ban, Hong Kong embraces crypto trading, making it fully legal and a key pillar of the digital asset industry.
This strongly signals that China does not want to be a bystander in the blockchain-powered economic transformation or cede industry dominance to other countries.

Bitcoin’s odds of recapturing the all-important $100K milestone are currently low, despite the ongoing price recovery setup. The largest cryptocurrency by market capitalization is trading around $84k, down about 2% in the last 24 hours.
Prediction markets now assign a 40% probability that Bitcoin will reach the milestone. Many expect a return to that level to mark the shift from a long-term bear market to a long-term bull market.
Crypto analyst Ted Pillows tweeted regarding the development:
Image Source: X
Ted said the odds of BTC reaching $100k in 2026 are even lower. He believes that, based on two key metrics, spot demand and rising leverage, BTC is unlikely to make a decisive move until the end of the year, even though the last quarter is typically the most bullish.
He predicted that the current setup will be followed by a price correction and sideways trading around a previous support level. Eventually, bulls will muster enough momentum to make the decisive move.
For his part, Ted isn’t entirely bearish on the cryptocurrency right now but believes the digital currency will likely absorb some downward pressure before going on the offensive again. His view contrasts with some analysts who expect a strong end to 2026, which will prime the market for a major early 2027 bull market. They argue that the last three months have been primarily bullish over the years and that is where the market is heading.
The Future
The $100k debate is heating up because of the ongoing “Uptober” price action, which has historically favored upside. However, the first week of the month has been incredibly slow and somewhat bearish, with nothing to indicate major bullish activity. The furor is dying down, and if the cryptocurrency doesn’t post any bullish price action within a week or so, the market will come under massive pressure.
The Uptober narrative is also losing ground because, in the instances where the 10th month has been bullish, September has been largely bearish. This time, September was bullish, and now October is going in the other direction. In any case, the next three weeks will be eventful and are expected to draw traders’ attention.

XRP at $50 may sound like a moonshot, but one analyst believes the target could be far more realistic than it appears. Gert van Lagen points to a long-term symmetrical triangle setup that could propel XRP toward $50, implying a staggering $3 trillion valuation.
While such a move would require an extraordinary rally from current levels, van Lagen argues that it could simply represent “normal bull market dynamics” for the Ripple-linked cryptocurrency.
The Chart Setup Behind Van Lagen’s $50 XRP Call
Gert van Lagen’s bullish XRP thesis centers on a long-term symmetrical triangle visible on the monthly chart. According to his analysis, a breakout from this formation could propel XRP toward roughly $50, implying a potential market capitalization of around $3 trillion.
While $50 XRP may sound like a wild target, Van Lagen sees it differently, arguing that such a move could simply reflect “normal bull market dynamics for Ripple” rather than an impossible crypto fantasy.
1/2 $XRP [1M] – Symmetrical triangle targeting ±$50 at a $3T market cap. pic.twitter.com/plYnxWKeki
— Gert van Lagen (@GertvanLagen) October 6, 2026
The chart points to $2.10 as a key resistance zone, meaning XRP still faces a major hurdle before any projected acceleration can begin.
Van Lagen’s more ambitious $50 scenario also draws on XRP’s historic strength against Bitcoin. He points to a potential return to an XRP/BTC ratio near 0.00011, combined with a hypothetical Bitcoin price of around $450,000, which would put XRP near the $50 mark.
Starting from the current $1.40, a move to $50 would translate into roughly 3,471% upside, making Van Lagen’s projection an exceedingly bullish scenario. But the biggest caveat may not be the percentage gain — it is the valuation XRP would need to sustain at $50.
At $50 per token, XRP would need a $3 trillion market capitalization with roughly 60 billion tokens in circulation. That assumption becomes increasingly important if XRP’s circulating supply grows before it reaches the target. More tokens in circulation would require an even larger market cap to maintain a $50 price.
XRP’s maximum supply is capped at 100 billion tokens, so a $50 price on the full supply would produce a staggering $5 trillion fully diluted valuation. That puts the forecast’s scale into sharper perspective. A $3 trillion market cap would exceed Bitcoin’s recent valuation of roughly $1.65 trillion and could make XRP the largest cryptocurrency if other major crypto prices remained unchanged.
The $5 trillion fully diluted figure is an even higher hurdle, placing XRP in the same valuation conversation as the world’s most valuable companies. It would still sit below Nvidia’s roughly $5.8 trillion valuation, but reaching that figure would require a massive expansion in XRP’s overall market value.
Ultimately, the $50 XRP thesis is less about an eye-popping price target and more about whether the market can support the extraordinary valuation and supply dynamics required to get there.

Cardano may be down more than 90% from its all-time high, but one market analyst believes writing off ADA as “dead” could be a costly mistake. After digging into Cardano’s latest on-chain data, analyst John Nakamoto described the numbers as “insane,” pointing to a much bigger story unfolding beneath ADA’s battered price chart. The findings are now reigniting the debate over whether Cardano’s network activity and underlying fundamentals are being overlooked.
Cardano’s “Dead” Narrative Faces a Reality Check as Network Activity Tells a Different Story
Cardano’s steep fall from its 2021 highs has fueled plenty of skepticism around ADA, but crypto analyst John Nakamoto believes the token’s price performance is distracting from a more important issue. According to Nakamoto, Cardano’s challenge is not whether its technology works, but whether the network can translate its hefty valuation into meaningful real-world usage.
He shared the assessment on X after taking a closer look at Cardano’s trajectory since ADA briefly climbed to become the third-largest cryptocurrency by market capitalization in 2021.
On September 3, 2021, ADA traded at roughly $2.97, putting Cardano’s market value near $95 billion, Nakamoto noted. The token later surged above the $3 mark before entering a prolonged decline.
ADA has since lost more than 92% from its peak, a collapse that has prompted some critics to dismiss Cardano as a “dead” blockchain. Nakamoto, however, argues that the narrative overlooks the more significant question surrounding Cardano: whether its substantial market value is translating into genuine network activity and adoption.
Nakamoto’s analysis highlights what he sees as a striking disconnect between Cardano’s market valuation and the activity on the network.
He puts Cardano’s market capitalization at roughly $10.2 billion, compared with about $71 million in DeFi TVL. That means the blockchain’s market value is approximately 144 times larger than the capital currently deployed across its DeFi ecosystem.
The gap extends to other key metrics. Cardano has around $67 million in stablecoins, roughly $4.4 million in daily decentralized exchange (DEX) volume, and about 16,000 daily active addresses.
For Nakamoto, these figures point to the central challenge facing Cardano: converting its sizable valuation into actual network usage. While he views the underlying technology favorably, he argues that the next step is attracting more users, capital, applications, and economic activity to the blockchain.
Cardano’s Biggest Hurdle Is Turning Technology Into Adoption
As aforementioned, Nakamoto rejects the notion that Cardano is “dead,” arguing that investors should look beyond ADA’s price and pay closer attention to actual network usage.
For him, the bigger concern is the wide gap between Cardano’s market valuation and the economic activity taking place on-chain. The blockchain commands a much larger market value than the capital currently flowing through its DeFi ecosystem, creating a disconnect that will need to narrow for adoption to accelerate.
For ADA holders, that makes ecosystem growth just as important as technological development. Cardano already has the technology, treasury, governance framework, and infrastructure needed to support a broader ecosystem. The next challenge is turning those foundations into more users, deeper liquidity, stronger applications, greater DeFi activity, and tangible real-world use cases.
USDCx, Leios and CIP-113 Give Cardano Fresh Tools to Chase Adoption
One development Nakamoto sees as potentially important for Cardano’s adoption push is USDCx, which brings dollar-denominated liquidity to the network through Circle’s xReserve infrastructure, giving users and DeFi protocols access to a 1:1-backed USDC representation. For Nakamoto, deeper stablecoin liquidity could be crucial to expanding Cardano’s DeFi activity.
Leios targets Cardano’s scalability bottleneck. The planned upgrade is designed to dramatically increase transaction throughput, with Input Endorsers targeting a potential 10–65x improvement. However, Leios remains under development, so its impact will ultimately depend on deployment and adoption.
CIP-113 adds another piece to the puzzle. The standard introduces programmable tokens that can support features such as allowlists, transfer restrictions, and freezing mechanisms. That could make Cardano more suitable for regulated assets, stablecoins and tokenized real-world assets.
Together, USDCx, Leios and CIP-113 give Cardano tools aimed at three critical areas: liquidity, scalability and institutional-grade asset infrastructure. The bigger question is whether they can translate those capabilities into sustained users, capital, and on-chain activity.
Midnight Brings a Privacy Catalyst to Cardano’s Next Growth Story
Another potential catalyst for Cardano is privacy, a sector that could become increasingly important in the next crypto cycle.
Midnight, a Cardano partner chain, is built around programmable privacy and data protection, giving the broader ecosystem a dedicated infrastructure for privacy-focused applications.
For Nakamoto, this emerging privacy narrative could become a significant part of Cardano’s growth story, particularly as demand for confidential and data-protected blockchain applications continues to develop.
Cardano may have a usage gap to close, but with fresh liquidity, faster scaling, programmable assets, and Midnight’s privacy push on the horizon, ADA could have several powerful catalysts capable of reshaping its adoption story.

In a striking shift in Bitcoin’s global acceptance, nation-states are embracing it faster than individuals, on-chain analyst Willy Woo pointed out in a recent tweet. The revelation is an interesting way to look at things, as individuals are often viewed as the backbone of the cryptocurrency space, but that could change as nation-states scramble to find reliable hedges against inflation.
Willy Woo tweeted:
Image Source: X
Expanding on his analysis of the actions of individuals and nation-states, Woo noted that while 8% of countries had a policy to hold/acquire BTC, 12% actually do, which makes it even more interesting for analysts. There could be multiple reasons more nations actually hold crypto than those that want to, but the obvious answer is that most of the BTC comes from law enforcement actions. The BTC eventually ends up in the state’s coffers and usually sits there for a long time before legal formalities are concluded.
Why Governments are Frontrunning Their Own Citizens in the Race to Own Bitcoin?
Woo’s list includes major nations like the USA, the UK, China, Brazil, Russia, Saudi Arabia, Ukraine, Argentina, and a handful of others. This growing state-level trend, especially in the more developed world, suggests their future positioning. Bitcoin is viewed as a reserve asset, or a tool for financial sovereignty, and nothing else compares. This is why, even with today’s subdued figures, the race is very much on and unlikely to slow over time.
The increasing state-sponsored adoption of Bitcoin is lending further legitimacy and stability to the premier digital asset, ensuring long-term demand. Bitcoin is rapidly moving away from its supposed fringe speculative notion into the realm of national strategy.
The Future
While the gap between individual users and government holders isn’t that big right now, it could widen over time, with nation-states emerging as the sector’s main stakeholders. That could drive up the price of BTC, but it could also mean that these states will have considerable leverage over the future of the crypto economy, something that has not been beneficial over the years.
This is because, at the core, Bitcoin is a decentralized asset, and nation-states inherently don’t approve of anything they cannot control. Every state, however, is logically expected to want more mining power and BTC reserves so it can control supply and price to a large extent, and it will try to do that. The only way to counter the negative effects of state crypto exposure is to increase individual ownership, and the new generation is expected to accelerate the process and help bridge the gap.