Crypto Markets & On-Chain Ecosystem Developments

RLC dropped 10.12% in the last hour to trade at $0.764 amid selling pressure across the cryptocurrency market. Earlier today, RLC peaked at $1.0724 before the sudden downturn. The decline reflects ongoing volatility affecting the cryptocurrency landscape, with trading volume surging to

Pyth Network reported Real World Asset Perpetuals (RWA Perps) volume reached $638 billion in September, with open interest hitting a record $12.61 billion. The data, shared via the network's official account, reflects heightened trader engagement in this market segment. Pyth Network serves as a data provider that aggregates and prices financial information for various assets, and this reporting highlights the growing integration of real-world assets into the cryptocurrency ecosystem. Pyth Networ

According to FinanceFeeds, stablecoin infrastructure provider Rain has applied to establish a federally chartered national trust bank in New York to bring digital asset custody, stablecoin reserve management and dollar-backed stablecoin issuance under direct Office of the Comptroller of the

According to Pyth Network, Real World Asset Perpetuals recorded $638 billion in trading volume and $12.61 billion in open interest during September, both new highs for the sector. The data, shared via the network's official social media account, reflects growing trader engagement in RWA

RLC plunged 10.12% to $0.764 in the last hour today (October 6), down from an earlier peak of $1.0724. Trading volume surged to approximately $64.59 million over the past 24 hours, reflecting heightened activity as traders reacted to the sharp decline. Despite the recent drop, RLC is still

USDC led x402 agentic payments on Algorand with $390.4K transferred over the past 30 days, according to data highlighted by @tokenterminal. The volume exceeded Base's $378.3K and Solana's $360.5K in the same period. USDC is a stablecoin pegged to the US dollar and widely used for transactions

Representative Don Davis introduced the No Betting on Your Own Race Act on Monday, legislation aimed at blocking federal politicians from using prediction market platforms to profit on their own elections. The bill prohibits federal candidates, their campaigns, their spouses and children from

DeFi Development Corp disclosed in an October 5 filing that its Solana treasury has reached approximately 2.564 million SOL and SOL equivalents, valued at about $302 million, after adding roughly 26,203 SOL since September 28. The Nasdaq-listed company reported preliminary estimates showing net

According to Representative Don Davis, the North Carolina lawmaker introduced the No Betting on Your Own Race Act on Monday, prohibiting federal candidates, their campaigns, spouses and children from buying, selling or holding contracts related to their elections on prediction market platforms

According to Token Terminal, USDC transfers on Algorand's x402 agentic payments reached $390.4K over the past 30 days, outpacing Base ($378.3K) and Solana ($360.5K). The volume positions USDC as the leader in decentralized payment systems across these

Franklin Templeton's tokenized U.S. Treasury bills added $87 million in market cap over the past week, according to commentator @tokenterminal. The growth is part of broader increases across tokenized Treasury issuers, with J.P. Morgan adding $81.4 million and Ondo adding $41.1 million during the

Cross-border payments firm Conduit filed a lawsuit against USDT issuer Tether in the Southern District of New York on Monday, alleging Tether froze $2.76 million of Conduit's funds and has refused to release them or provide an explanation for more than a year. The freeze allegedly stems from a

Tether deposited $94.6 million worth of tokenized gold into decentralized finance (DeFi) across 15 platforms. The deployment, highlighted by CryptoTwitter commentator @tokenterminal, involves Tether's XAUT and XAUT0 tokens. The move forms part of Tether's strategic expansion within the crypto

BNB Chain added $127 million in tokenized stock market cap growth over the past week, according to crypto commentator @tokenterminal. This increase is nearly double Ethereum's $63.6 million growth during the same period. Solana added $29.6 million in tokenized stock market cap, positioning BNB Chain

Stellar's tokenized U.S. Treasury bills market cap increased by $96.2 million over the past week, according to CryptoTwitter commentator @tokenterminal. The growth represents the largest increase across blockchain networks during this period. This development reflects rising interest in tokenized as

According to CryptoTwitter commentator @tokenterminal, Tether recently deposited $94.6 million in tokenized gold (XAUT & XAUT0) into decentralized finance platforms. Aave received 68% of the deposits, while Uniswap captured 19.2%, highlighting the growing adoption of tokenized assets in DeFi

According to @tokenterminal, Franklin Templeton's tokenized U.S. Treasury bills gained $87 million in market cap over the past week. J.P. Morgan and Ondo saw increases of $81.4 million and $41.1 million respectively, bringing the combined market cap growth across the three issuers to $209.5 million.

Winklevoss Asset Services filed a Form S-1 with the SEC on October 6 for a spot Zcash ETF to trade on Nasdaq under ticker WINK, proposing an annual unified fee of 0.25% on ZEC holdings. The filing makes it the third U.S. spot Zcash ETF in the pipeline alongside Grayscale and Bitwise. Grayscale's

According to crypto commentator @tokenterminal, BNB Chain added $127 million in tokenized stock market cap over the past week, nearly double Ethereum's $63.6 million increase. Solana added $29.6 million during the same