Crypto Markets & On-Chain Ecosystem Developments

According to PANews and SoSoValue data on Aug 24, the NFT sector led market gains with a 24-hour rise of 4.93%, driven by Pudgy Penguins (PENGU) up 12.28% and SuperVerse (SUPER) up 10.12%, though ApeCoin (APE) fell 1.09%. Meanwhile, Bitcoin (BTC) declined 0.03% and broke below $78,000, while

From 02:00 to 02:15 (UTC) on August 24, 2026, BTC rose rapidly over the 15-minute period, gaining 0.59%. The price ranged from 76,868.1 to 77,411.5 USDT, representing a 0.71% fluctuation. Overall market activity was subdued, with trading volume of approximately 478.75 BTC. A bid-ask depth ratio of 0.57 indicated that sell orders outweighed buy orders, but a large buy wall at $77,123.5 on the order book provided short-term support. The primary driver of this move was the sharp escalation of the U

In an interview with CoinDesk, Joris Delanoue, CEO of on-chain securities infrastructure provider Fairmint, warned that the global tokenized stock market has grown from less than $500 million at the end of Q1 2026 to approximately $2 billion, while ownership records such as shareholder registers have failed to keep pace—potentially repeating the 1968 Wall Street “paper certificate crisis” in digital form. The 1960s Wall Street Paper Certificate Crisis In the late 1960s, U.S. stock trading volume

According to Coinglass data cited by ChainCatcher, Hyperliquid whales currently hold $7.158 billion in positions, with long positions accounting for $3.459 billion (48.33%) and short positions at $3.699 billion (51.67%). The long-to-short ratio stands at 0.94. Long positions generated $432

According to Odaily and on-chain analyst Ai Yi, Machi's total account loss narrowed to $25.94 million over the past week, down from $34.96 million recorded seven days earlier. The account currently holds four leveraged long positions totaling approximately $131 million in value with roughly $1 milli

Hyperliquid completed a token buyback and destruction program totaling over $1.251 billion, with an average purchase price of $26.808 per token. The burn represents a significant reduction in the circulating supply of the exchange's native

According to Odaily, citing an X post by former Ethereum core developer and angel investor Eric Conner, Lighter (LIT) may enter a short squeeze scenario. Conner noted that between $3.43 and $4.10, short liquidations worth 6 million LIT are clustered, equivalent to 2.5% of the token's entire

According to Polygon co-founder Sandeep Nailwal, on August 24, the team is advancing a staking and tokenomics reform proposal in response to strong community demand. Polygon PoS will introduce a native staking mechanism similar to Layer 1 chains, with transaction priority fees distributed to POL sta

Gate market data shows that BTC has fallen below 77,000 USDT and is currently priced at 76,994.5 USDT.

On Aug. 22, the X account WhaleScan claimed that Trump was about to launch a new coin. A token named WWW, also known as Truth Coin, subsequently appeared on Robinhood Chain, claiming a total supply of 1 billion tokens. Eric Trump immediately denied the claim, saying, “This is absolutely not true. If someone says that, they’re a fraud.” Five Warning Signs of the WWW Token’s Appearance The WWW token displayed multiple high-risk characteristics when it emerged, and community members had flagged the

Bitcoin rebounded sharply during the week ended August 21, rising from a low of approximately $62,700 to a three-month high of $79,500, for a weekly gain of about 23%. Although prices fell back to the $77,000 range over the weekend, Gate market data showed that, as of August 24, 比特币报价$77,220.6, down slightly by 0.04% over 24 hours, while its cumulative seven-day gain remained at 16.99%. Meanwhile, 以太坊报价$2,438.43, up 0.50% over 24 hours but down 1.40% over seven days, diverging from Bitcoin's per

Bitcoin jumped to around $77,400 this week while altcoins posted dramatic gains, with PUMP and ENA nearly doubling in value. The rally occurred as hundreds of billions flowed back into the crypto market. Despite the surge, most altcoins remain far below their all-time highs, and Google's search

Gate News reported that on August 24, according to Gate’s market data, PURR (Hypurr) was trading at $0.149 as of press time, up 58.85% over the past 24 hours. It reached a high of $0.17 and a low of $0.0889, with 24-hour trading volume of $14.1k. Its current market cap is approximately $88.6606 million. PURR is the first HIP-1 native token on the Hyperliquid L1 blockchain. Its launch did not involve a token sale, and it has no planned utility. It primarily serves as a way for users to participat

According to Bitcoin.com News, altcoins surged significantly this week, with PUMP and ENA nearly doubling and Zcash (ZEC) gaining 75.15%. However, the Altcoin Season Index remains at 43, well below the 75 threshold needed for official Altseason confirmation. Google Trends data shows worldwide

Gate News, Aug. 24: According to Gate market data, as of press time, DENT (Dent) is trading at $0.00011, up 239.48% over the past 24 hours, after reaching a high of $0.00017 and a low of $0.00003. Its 24-hour trading volume reached $3.1069 million, and its current market capitalization is approximately $11.18M. DENT Wireless created a platform for trading mobile data. The DENT platform is a smart contract system based on Ethereum blockchain technology that enables users to trade quickly and secu

According to Token Terminal data via ChainCatcher, in the past 7 days, Circle stablecoin issuance increased by $1.7 billion, marking the largest growth among all stablecoin issuers. Tether's stablecoin issuance added $202.2 million, ranking third. By blockchain network, Tron saw the largest stableco

The cybersecurity firm PeckShield posted an alert on X on August 22, reporting that an address labeled Bofur Capital had lost $2 million in an “Address Poisoning” attack. The stolen funds were fully swapped from USDC into DAI and are currently sitting in the attacker-controlled address 0xe2eB…1816a. The attack occurred 20 hours after the dust transaction was planted. Technical Details of the Attack: Vanity Addresses Hide the Flaw in the Middle (Source: PeckShield) The core technology used in thi