🔍Market Summery

Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.

Paradigm-backed Layer 2 Blast to wind down network as costs exceed revenue

Paradigm-backed Layer 2 Blast to wind down network as costs exceed revenue

Ethereum Layer 2 Blast said it will wind down its network because operating costs exceed revenue and it sees no credible path to economic sustainability.The project now has a little over $32 million in total value locked, according to DeFiLlama, down sharply from more than $2 billion in TVL ahead of…

Lido DAO: MetaMask Staking exits roughly 17,000 validators from the protocol - 07 Oct 2026

Lido DAO: MetaMask Staking exits roughly 17,000 validators from the protocol - 07 Oct 2026

MetaMask Staking is precautionarily exiting roughly 17,000 Ethereum validators, representing about $1.4 billion in staked ETH, from the Lido protocol after an infrastructure compromise. The final validators are scheduled to exit by the end of October 7, 2026, with ETH returning gradually over a peri…

IoTeX: Zanzibar hardfork moves staking rewards fully on-chain - By 19 Oct 2026

IoTeX: Zanzibar hardfork moves staking rewards fully on-chain - By 19 Oct 2026

IoTeX's Zanzibar hardfork (v2.5.0) is scheduled to activate at block 53,533,081, estimated for October 19, 2026, at 02:00 UTC. The upgrade moves staking rewards fully on-chain under IIP-59, tightens EVM gas precision, and requires BLS proof-of-possession for candidate registration and update operati…

Uniswap: SMBC Nikko builds a Japan-compliant trading venue - Q2 2027

Uniswap: SMBC Nikko builds a Japan-compliant trading venue - Q2 2027

SMBC Nikko is building a new trading venue on Uniswap, with an onchain launch planned for mid-2027. Compliance will run inside a hook so each pool is built to Japan's regulatory requirements for investors. Uniswap Labs is advising on liquidity for the venue.The venue could channel regulated Japanese…

Drift opens exploit recovery claims with initial payouts of just over 1% of user losses

Drift opens exploit recovery claims with initial payouts of just over 1% of user losses

Decentralized exchange Velocity, formerly Drift, has opened claims for users who lost funds due to its April exploit, allowing them to collect recovery tokens tied to their losses.The platform said on Thursday that users can claim one DFX token for every USDT lost. Holders then have the option of re…

PLUS Mainnet Launches Layer-1 Blockchain With $945 Mln Reserves

PLUS Mainnet Launches Layer-1 Blockchain With $945 Mln Reserves

PLUS Mainnet:PLUS MAINNET LAUNCHES LAYER-1 BLOCKCHAIN WITH $945M RESERVES~

SEC Proposes Framework for Advisor Custody of Cryptocurrencies — Barrons.com

SEC Proposes Framework for Advisor Custody of Cryptocurrencies — Barrons.com

By Kenneth CorbinMany investment advisors have been reluctant to engage with clients looking to invest in cryptocurrencies in part due to the nebulous regulatory framework surrounding digital assets. The Securities and Exchange Commission is looking to change that.On Thursday, the SEC released a pro…

Fed's Goolsbee Says Inflation Side Still a Concern — Market Talk

Fed's Goolsbee Says Inflation Side Still a Concern — Market Talk

1343 ET [Dow Jones]--Chicago Fed President Austan Goolsbee said that the labor market has been steady, and the inflation side of the central bank's dual mandate is still where the problem is. In an interview with Fox Business, Goolsbee said there is "plenty of room for anything to be on the table" w…

El Salvador's Bitcoin stash sits at $618 million despite IMF strings

El Salvador's Bitcoin stash sits at $618 million despite IMF strings

El Salvador's Bitcoin reserve is worth $618 million, and every coin remains visible on-chain. The country has held Bitcoin since 2021, despite the conditions attached to its loan program with the International Monetary Fund.The reserve held between 7,760 and 7,792 BTC as of late September to early O…

Key facts: XRPUSD Near $1.50; Q3 Rally, $307.9M ETF Inflows; 1.54–1.70

Key facts: XRPUSD Near $1.50; Q3 Rally, $307.9M ETF Inflows; 1.54–1.70

XRPUSD rallied in Q3 as exchange-held XRP fell from ~12.9B to ~11B since April. U.S. spot XRP ETFs added ~$307.9M in Q3 and ~$4.07M on Oct 1; price near $1.50.XRPUSD trades between 1.54 and 1.70. Hourly close above 1.54 may signal move toward 1.70. Upside may be capped by profit-taking; support at 1…

Key facts: ETHUSD >70% Rally; Fees +193%, Stake 35.92%, ETFs -$117.8M

Key facts: ETHUSD >70% Rally; Fees +193%, Stake 35.92%, ETFs -$117.8M

ETHUSD rallied after a reported Q3 gain above 70% and ongoing ETF inflows. Traders positioned ahead of the U.S. jobs report and Fed rate-path updates, boosting demand for Ethereum.ETHUSD: mean base fees jumped 193% week‑over‑week, staking rate rose to 35.92% in 14 days, Coinbase premium stayed negat…

Key facts: BTCUSD $110M Short Squeeze; Q3 ETFs $6.34B Inflows

Key facts: BTCUSD $110M Short Squeeze; Q3 ETFs $6.34B Inflows

BTCUSD spot ETFs saw $6.34B net inflows in Q3 (Jul–Sep), with July $172M, Aug $3.52B, Sep $2.65B; cumulative 2024 inflows >$57B, AUM >$100B; nine-day inflow streak ended Sept.30.On Oct 2 a ten‑minute BTCUSD spike triggered about $110M in short liquidations, seen as a short squeeze; no confirmed news…