Crypto Markets & On-Chain Ecosystem Developments

Bitcoin's Relative Strength Index (RSI) rose to the 84-86 range, marking the cryptocurrency's strongest overbought zone since November 2024. This technical indicator surge followed Bitcoin's recent sharp price gains that attracted significant investor attention. The RSI elevation reflects strong

Virtuals Protocol has introduced its complete Base chain token issuance mechanism to Solana, according to a protocol announcement. The update brings automated capital formation (ACF), sybil protection tax, fee delegation, and agent co-issuance features to the network. The protocol previously

According to Foresight News, Pons (PONS) token on Robinhood Chain surged to an all-time high market cap of $80.47 million, currently trading at $0.079 with a market cap of approximately $79 million. The token recorded a 24-hour gain of 89.75%.

Bitcoin touched $80,000 over the past 24 hours, up 3.6% and marking its highest level since May 15. Over the past 8 days, Bitcoin has surged nearly 30%. Ethereum rose to $2,530.5, up 3.79% in 24 hours, reaching its highest point since

State-owned power financier REC is set to lead India's first tokenized corporate bond issuance in September, marking a significant step in applying blockchain technology to securities markets. The pilot, developed jointly by the Securities and Exchange Board of India and the Reserve Bank of India, a

According to TradingBeats, on Aug 24, Huang Licheng (known as "Machi") continued adding to his 40x leveraged Bitcoin long position, which now reaches approximately $75.79 million with an entry price of $79,390.50 and liquidation price of $70,404.71. The position carries an unrealized profit of

According to reports, India will launch its first tokenized corporate bond pilot in September, led by state-owned power financier REC. The issue is expected to be less than 500 crore rupees and limited to select investors. The Securities and Exchange Board of India and the Reserve Bank of India

According to CoinGlass data, 83,465 traders were liquidated in the past 24 hours with total liquidations reaching $361 million. Short liquidations accounted for $204 million, while long liquidations totaled $157 million.

According to Galaxy Research, its Bitcoin Core v29 node observed an orphan block at block height 963,853 today. The monitoring screenshot has been publicly shared. Orphan blocks typically arise from network propagation delays or miners producing blocks nearly simultaneously, preventing adoption

According to PANews, Ethereum engineer Mislav Javor has joined Ethlabs, a nonprofit research organization, on August 24. Javor will focus on platform technologies, including account and interoperability development, while bridging gaps between protocol and product layers, as well as between research

According to ChainCatcher, X user econoar recently proposed ERC-8391, a new Ethereum standard designed to provide an asset-state interface for tokenized stocks and real-world assets (RWAs). The proposal addresses a key limitation: tokenized stocks trade around-the-clock on-chain, but traditional

According to ChainCatcher, StarkWare recently announced that Starknet sequencer revenue will now flow back into the Starknet ecosystem. In this first instance, StarkWare has delegated 25 million STRK tokens generated from sequencer income to support projects and contributors advancing Starknet

Zcash recorded a 62% price increase over the past week, reaching $880 before retracing to approximately $830, its highest level since 2018. The surge coincides with a governance snapshot scheduled at block 3,459,350, estimated around 19:00 UTC on Aug. 24, which will determine eligibility for an

According to CryptoSlate data, Zcash (ZEC) surged 62% to $880 on August 24, pulling back to around $830 at press time—its strongest level since 2018. The price rally coincides with a critical governance snapshot at block 3,459,350, estimated around 19:00 UTC today, which determines voting

According to ChainCatcher, Virtuals Protocol launched a comprehensive guide for issuing AI Agent tokens on Solana, covering identity setup, token launch timing, tokenomics, and advanced configurations. The protocol's Automated Capital Formation (ACF) mechanism has cumulatively raised over $6.8 million. Tokens trade on Meteora DBC pools with a 1% fee, of which 70% goes to creators; after accumulating 4.2M VIRTUAL tokens, they automatically graduate and migrate liquidity with a 10-year LP lock.

According to PANews, on August 24, KNTQ surged over 30% following Kinetiq's announcement of the Elysium L2 network on Hyperliquid, then pulled back to $0.2397. Kinetiq stated that 50% of the Elysium sequencer fees will be used to repurchase KNTQ

According to Solid Intel, IBIT call options trading volume reached a record 1.58 million contracts today. The 3-day call skew increased by 0.05, marking the largest single-day advance since January 2025.

According to BlockBeats and TradingBeats monitoring, Ethereum's largest on-chain long holder—a BIT-affiliated address—offloaded 14,000 ETH (approximately $34.15 million) for profit today (Aug 24). The address (0xa5b0edf6b55128e0ddae8e51ac538c3188401d41) maintains a remaining position worth approxima