Crypto Markets & On-Chain Ecosystem Developments

According to Grayscale Investments, Zcash has risen approximately 19-fold over the past year but remains valued at less than 1% of bitcoin's market capitalization, with the asset manager saying the privacy-focused coin could capture additional market share. As of Aug. 29, Bitcoin held a market cap o

According to Bitcoin.com News, as of August 29, Solana (SOL) led altcoin gains following Charles Schwab's announcement that it will add SOL, AVAX, and LINK to its crypto accounts, while Dogecoin (DOGE) declined 7.2% and XRP fell nearly 7% over the week. The broader crypto market ended flat at $2.73

According to BlockBeats, on August 30, Fogo, a SVM Layer 1 network, suspended its mainnet operations after detecting unauthorized activity to prevent further transfer of affected assets. The team will upgrade the network and restrict addresses related to the incident during the halt.

According to DefiLlama data reported by BlockBeats, Robinhood Chain recorded $10.34 billion in DEX trading volume over the past 24 hours on August 30, ranking third among all chains behind Solana and Ethereum.

According to RootData, MYX Finance will unlock approximately 18.06 million MYX tokens valued at around $1.28 million on September 6 at 00:00 UTC+8 (Beijing time).

According to Cryptoslate, Deribit will remove its public Proof of Reserves dashboard on September 1. The system previously allowed users to verify whether their balances were included in snapshots and compare the platform's aggregate liabilities against publicly held wallet positions. The move

According to GMGN, PONS (Robinhood ecosystem token) market cap briefly broke through $200 million, hitting a new all-time high, now trading at $194 million. The token has seen 29% of total supply burned, while Pons Treasury continues to use 80% of protocol fee revenue to increase

According to the Independent Community Bankers of America (ICBA), community banks have swayed at least two Republican senators, Josh Hawley and Jerry Moran, to oppose the CLARITY Act on stablecoin reward provisions. ICBA CEO Rebeca Romero Rainey stated that the organization demands a complete ban on

According to PANews, realtrumpcoins issued an official statement on August 30 denying any authorization, issuance, or promotion of digital tokens. The company stated it never authorized the $GOLD token—which had circulated with team members holding 82.45% of supply—and will not issue, promote, or au

According to Foresight News, the Meme token "Niu Lai" on the BSC chain reached an all-time high market cap of $92.37 million today, according to GMGN market data. The token is currently trading at a $86.49 million market cap, with a 24-hour gain of 56.22%.

According to Coinglass, 35.11 million USDT transferred out of Binance to an unknown wallet on August 30 at 10:36 UTC, according to chain data monitoring.

According to BlockBeats, on August 30, crypto KOL Ansem maintained the view that the current market remains in a very early stage, a position he held two weeks prior. Regarding tokens that have entered the price discovery phase, Ansem believes current prices remain near the start of the breakout,

According to bitcoin.com, on Friday (Aug. 29), Bitcoin fell 2.5% to $77,588 after Federal Reserve Chair Kevin Warsh delivered a hawkish keynote at the Jackson Hole Economic Policy Symposium. Warsh stressed the central bank has "work to do" and that forward guidance had "overstayed its welcome,"

According to BlockBeats, on August 30, Pons, the token issuance platform on Robinhood chain, recorded daily revenue of $550,000 yesterday for the first time, breaking the $500,000 threshold. The platform's cumulative revenue has reached $8.16 million, according to DefiLlama

According to ChainCatcher citing GMGN data, BSC Meme coin surged to break $80 million in market capitalization on August 30, with the token currently trading at approximately $79 million, up 40% in 24 hours.

According to BlockBeats, on August 30, Meme coin "Niu Lai" on the BSC chain briefly reached a market capitalization of $87 million, marking a new all-time high. The token was trading at $83.06 million at the time of reporting, with a 24-hour gain of over 48%, according to GMGN

According to TASS, Sberbank, Russia's largest bank, plans to offer crypto-backed loans to corporate clients, initially using Bitcoin as collateral after successfully testing the model with mining firm AO Intelion Data last year. Ethereum and Tether will be added to the collateral offering once Russi

According to Foresight News citing GMGN data, PONS, a token launchpad on Robinhood Chain, briefly surpassed a market cap of $260 million today, marking an all-time high. The token gained 72.89% in 24 hours, with current market cap at $253 million.

According to Foresight News, NEAR protocol co-founder Illia announced that near.com has enabled privacy as default, with the team completing its transition to full on-chain financial privacy. All account balances, deposits, exchanges, yields, and payment activities are now visible only to the accoun

According to Doctor Profit (via BlockBeats), on August 30, Bitcoin is expected to trade sideways between $71,000 and $82,000, with $71,000 as the range bottom and $82,000 as the resistance level requiring a breakout. The trader remains bullish on an eventual upside breakthrough and continues