🔍Market Summery

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

Solana fees hit record as validators double pace of inflation cuts

Solana fees hit record as validators double pace of inflation cuts

Solana's fee generation, denominated in SOL, reached a seven-day average of nearly 9,200 SOL on Thursday, Aug. 27, over 80% higher than three months ago. Non-vote transactions also set a record high of 191 million on a seven-day basis, compared to just 88 million a year earlier.Jito validator tips a…

Ethereum price holds near $2,450 despite Fed pressure: Is $2,500 next?

Ethereum price holds near $2,450 despite Fed pressure: Is $2,500 next?

Ethereum ETH has fallen roughly 0.8% over the past 24 hours to around $2,450 on Aug. 31, holding above $2,400 after another attempt to stay above $2,500 failed.CoinGecko data showed ETH briefly pushing above $2,520 before falling towards $2,410 and recovering into the $2,430s.The latest drop leaves …

Prediction market startup Kalshi permanently bans ex-US lawmaker Santos from trading

Prediction market startup Kalshi permanently bans ex-US lawmaker Santos from trading

Kalshi permanently banned former U.S. congressman George Santos from its platform on Monday and imposed a penalty of $71,356, citing insider trading.The company said in a disciplinary action that its compliance department had found reasonable cause to believe the former lawmaker engaged in illicit t…

Why Is Seeker (SKR) Price Up Today? 

Why Is Seeker (SKR) Price Up Today? 

Solana Mobile’s Seeker has seen its native SKR token price jump more than 110% today, outperforming the overall crypto market. The rise comes as users claim rewards from the “Seeker Summer” campaign, pushing its trading volume higher.So, what are all the reasons why Seeker price is up today, and wil…

XRP Price Holds Above $1.35 Despite Heavy Selling: Is the Rally Ready to Resume?

XRP Price Holds Above $1.35 Despite Heavy Selling: Is the Rally Ready to Resume?

The XRP price is showing resilience after a sharp rally, but the latest market data presents a mixed scenario. While the price has pulled back from the local high near $1.70, it continues to hold above the key support range. On the other hand, the aggressive selling is being absorbed rather than imm…

More Markets lending reserve drained for $9.3M: Blockaid

More Markets lending reserve drained for $9.3M: Blockaid

Decentralized finance (DeFi) vault infrastructure protocol More Markets had a lending reserve drained of about $9.3 million in digital assets on Flow EVM, according to Web3 security platform Blockaid.The attacker drained about 15.5 million Wrapped Flow (WFLOW) tokens, valued by Blockaid at approxima…

More Markets Exploit: $9.3M Drained From WFLOW Token

More Markets Exploit: $9.3M Drained From WFLOW Token

More Markets, a lending protocol developed by More Labs on the Flow EVM network, has suffered an exploit that drained 15.5 million WFLOW from its lending reserves. Blockaid identified 15.5 million WFLOW leaving the reserve, with the tokens valued at around $9.3 million.However, More Markets has not …

He Lost His Bitcoin in a 2014 Exchange Collapse — 12 Years Later, He's Worth $4.47 Million

He Lost His Bitcoin in a 2014 Exchange Collapse — 12 Years Later, He's Worth $4.47 Million

A man became a millionaire overnight after recovering millions of dollars in Bitcoin that he had lost access to 12 years earlier.The Quest for ‘Lost’ BitcoinU.K. resident Chris lost access to his cryptocurrency wallet, which held roughly £4,000 ($5417.67) worth of Bitcoin, when the trading platform…

USDC Treasury Mints 250 Million USDC on Solana

USDC Treasury Mints 250 Million USDC on Solana

On-chain data showed that USDC Treasury minted 250 million USDC on the Solana network at 9:45 (UTC+8) today. According to Odaily, the new issuance was recorded at that time.

Trader Opens 8x Leveraged Long on 45,087 ETH, Faces $3.18 Million Unrealized Loss

Trader Opens 8x Leveraged Long on 45,087 ETH, Faces $3.18 Million Unrealized Loss

A trader began a long position on ETH four days ago using 8x leverage on 45,087 ETH, according to Lookonchain monitoring. According to Foresight News, the position is currently showing an unrealized loss of $3.18 million.

New Address Buys 5.24 Million PONS After Investing $1.9 Million in ETH

New Address Buys 5.24 Million PONS After Investing $1.9 Million in ETH

BlockBeats reported on August 31 that a newly created address invested ETH worth $1.9 million six hours earlier to buy 5.24 million PONS. According to BlockBeats On-chain Detection, the transaction was monitored by TradingBeats, formerly Hyperinsight.

Capital B Raises Nearly 20 Million Euros to Buy More Bitcoin as Evernorth S-4 Becomes Effective

Capital B Raises Nearly 20 Million Euros to Buy More Bitcoin as Evernorth S-4 Becomes Effective

French-listed Capital B said it raised about 21 million euros in a private placement and plans to use the proceeds to buy about 270 more bitcoins. According to ChainCatcher, the company said the purchase would lift its potential total Bitcoin holdings to 3,415 BTC.Evernorth Holdings said its S-4 reg…