Project Progress

According to The Defiant, NFT marketplace Rarible launched on Solana today (August 8), with Claynosaurz as its first collection. Rarible now supports four blockchains—Solana, Ethereum, MegaETH, and Base—and has launched dedicated pages for Solana exploration, minting, and Gacha features. The

Robinhood announced on X that it is lowering the gas fee subsidy threshold for Robinhood Wallet on Robinhood Chain from $5 to $0.5, a 90% reduction. More users' swap transactions will now qualify for gas subsidies, with the program running through

According to Odaily, XRP Ledger (XRPL) has introduced Confidential Transfers functionality in its latest software version 3.3.0. The feature, designed for institutional users, encrypts token balances and transfer amounts while maintaining visibility of accounts and token types. It targets

According to ChainCatcher, XRP Ledger version 3.3.0 introduced Confidential Transfers, a privacy feature targeting institutional users managing tokenized assets on the network. The function encrypts transaction amounts and token balances using zero-knowledge proof technology while keeping account an

According to the Aug. 6 All Core Devs consensus call, EIP-8363 has been recommended for removal from Ethereum's Hegota upgrade consideration. The proposal aimed to introduce a descending staking reward mechanism, reducing validator rewards to zero once staking surpasses 50%. Community members

According to The Block, SharpLink CEO Joseph Chalom formally opposed Ethereum Improvement Proposal EIP-8363 this week, expressing concern that it could weaken DeFi ecosystems, limit institutional interest in Ethereum, and undermine ETH's key advantage relative to Bitcoin. EIP-8363, also called

According to the Cardano Foundation, Cardano and Injective connected via the IBC (Inter-Blockchain Communication) protocol on testnet on August 4. Injective became the first blockchain with a live on-chain IBC rail to Cardano. Following the announcement, ADA rose 18.68% in one week to $0.2 as of Aug

Solana governance proposal SIMD-0553, merged on July 20, 2026, would increase daily SOL token burns from approximately 650 SOL (worth about $47,000) to between 7,500 and 9,000 SOL (worth up to $650,000)—a 12 to 14x increase in tokens permanently removed from circulation. The proposal, authored by

Solana's SIMD-0553 proposal, merged on July 20, 2026, would restructure how transaction fees work on the network. If approved, daily SOL burns would jump from roughly 650 SOL (worth approximately $47,000) to between 7,500 and 9,000 SOL (up to $650,000)—a 12 to 14-fold increase in tokens

According to ChainCatcher, the VeChain Foundation announced the launch of the Interstellar stage under its Renaissance roadmap on August 7. VIP-255, the first upgrade proposal, will introduce execution layer improvements compatible with Ethereum's Cancun, Prague, and Osaka versions, including

According to Odaily, SharpLink CEO Joseph Chalom formally opposed Ethereum Improvement Proposal EIP-8363 this week, stating the proposal could weaken the DeFi ecosystem and undermine ETH's key advantage over Bitcoin. EIP-8363, or "Tapered Issuance Burn," gradually increases the proportion of

According to Cointelegraph, on August 8, Ethereum improvement proposal EIP-8363 (Tapered Issuance Burn) proposes gradually reducing staking rewards to lower network issuance, sparking significant community opposition and triggering the largest economic model debate since The Merge. Currently, 41.5 m

Grayscale's Ethereum Staking Mini ETF signed a new trust agreement on August 6 that makes staking the default for nearly all of its 839,556 ETH holdings, aiming to deploy the fund's 161,000 idle ETH. The rewrite enables monthly cash distributions of staking rewards to shareholders and was filed

According to an SEC filing, Grayscale signed a new trust agreement for its Ethereum Staking Mini ETF on August 6, making staking the default for nearly all holdings. The change aims to reduce 161,000 idle ETH—currently held as a buffer for redemptions and operations—toward zero. Under the new

According to Foresight News, Solana perpetual futures platform Flash Trade announced it will gradually cease operations if unable to secure an acquisition. The team cited market direction shifts and reduced market participation, not funding constraints, as primary reasons. Flash Trade is now

According to Kaito AI's announcement on X, the platform is upgrading its staking rewards mechanism on August 7. Under the new system, unallocated tokens will be redistributed to active stakers before airdrop claims open, with their allocation expected to roughly double from prior levels. Kaito will

According to BlockBeats, Pump.fun announced on August 7 the launch of social trading features in its app. Users can now create token alerts to send notifications to followers, enjoy zero-fee trading, and conduct cross-chain transactions using