Crypto Markets & On-Chain Ecosystem Developments

According to on-chain data shared by X user obchakevich_, MoonPay Commerce's monthly transaction volume on Solana declined to approximately $7.3 million in September 2026. The volume has contracted significantly from $39.8 million in January 2025, marking a broader downward trend over the 23-month p

Partners Group's Vincent Ng confirmed the importance of utility in tokenized assets during a discussion with Bridget Li, CEO of AssetoFinance. The conversation, highlighted by crypto commentator @pendle_fi, emphasized that real-world assets (RWAs) must offer utility beyond distribution to achieve sc

OKX announced expanded financial services to include TradFi options and Forex perpetuals. The announcement was made via a tweet from OKX, highlighting the platform's commitment to evolving market needs. The expansion aims to provide enhanced access to diverse trading options, aligning with growing d

According to crypto commentator @pendle_fi, Vincent Ng from Partners Group recently confirmed the critical role of utility in tokenized assets during a discussion with Bridget Li, CEO of AssetoFinance. Partners Group, which manages $186 billion in assets under management, is actively exploring

According to Odaily and DefiLlama data, Pons, a token issuance platform on Robinhood Chain, saw its revenue drop to approximately $77,000 in the last 24 hours. Pons currently ranks third in revenue across Robinhood Chain protocols, behind Lighter ($95,000) and

After U.S. nonfarm payrolls data was released on October 9, Bitcoin rallied to $87,000. The asset has since retreated to $86,773, gaining over 3% during the day.

Optimism's co-founder discussed the shift towards blockchain sovereignty following standardization on the Ethereum Virtual Machine. The discussion focused on enabling multiple chains to operate while remaining interconnected, addressing inter-chain communication challenges. Optimism functions as a l

According to ChainCatcher, perpetual futures platform Extended announced on October 9 its plan to migrate settlement to Arc, Circle's Layer 1 blockchain for financial markets. The migration is scheduled for the week of October 19, 2026, with trading continuing during the transition. Accounts,

According to Hong Kong Securities and Futures Commission (SFC), Finanx AI (also known as Finanx Technology Limited) has been added to the unlicensed company list on October 9. The company may have promoted FNXAI and 1FNXAI tokens to investors in Hong Kong and claimed high returns from investing in t

According to SoSoValue data, Solana spot ETFs posted a net outflow of $3.32 million yesterday (October 8 US time). Morgan Stanley Solana Trust (MSOL) recorded a single-day net inflow of $1.773 million, while Bitwise Solana Staking ETF (BSOL) experienced a net outflow of $5.258 million. The

US investment bank Cantor Fitzgerald faces investigation from Senate Democrat Richard Blumenthal over its partnership with stablecoin issuer Tether, with the senator demanding records on compliance monitoring and financial benefits to Commerce Secretary Howard Lutnick's family. In a letter sent

Bitcoin recorded a 54.3% drawdown from peak to trough, identified by BitGo Research as the shallowest on record. The decline occurred despite on-chain signals indicating four consecutive bottoms barely registering during the downturn. The lack of robust on-chain activity during this period raises

According to Bitcoinist, the XRP Ledger's BatchV1_1 amendment is expected to activate around October 9 if validator support remains above the required threshold. The upgrade allows multiple transactions to be bundled into an atomic group, enabling them to succeed or fail together—a feature

According to Foresight News, the NFL submitted an amicus brief to the Supreme Court supporting New Jersey's petition in the Kalshi case, arguing that states should retain authority to regulate sports-related prediction market contracts rather than granting the

According to SoSoValue, the 21Shares Hyperliquid ETF (THYP) experienced net outflows of $9.7044 million on October 8 (U.S. Eastern Time). The ETF's total assets under management reached $454 million with cumulative net inflows of $336 million.

According to SoSoValue, the Zcash spot ETF (ZCSH) recorded net outflows of $18.67 million on October 8 (U.S. Eastern Time). As of the report, the ETF's total assets under management stood at $656 million, with cumulative net inflows reaching $182 million since

According to Odaily, Franklin XRP ETF (XRPZ) saw net inflows of $8.17 million on October 8, marking the sole inflow among XRP spot ETFs yesterday. The fund has accumulated $509 million in historical net inflows to

According to Lookonchain monitoring data shared by ChainCatcher, AguilaTrades closed a long position with a $331,000 loss after more than six months of inactivity, triggered by a market decline. The trader subsequently shifted to a 40x leveraged short position on 200 BTC, with a total position

According to ChainCatcher citing the U.S. Department of Justice, Raheim Hamilton, co-founder of the darknet marketplace Empire Market, was sentenced to 40 years in federal prison on October 5 in Chicago. He was fined $5 million and agreed to forfeit approximately 1,230 Bitcoin, 24.4 Ether, and