Solana activated a rent reduction on September 3rd, lowering on-chain account storage costs by about 90%. This change reduces the Lamports-per-byte requirement, allowing existing accounts to withdraw surplus SOL without closing. Approximately 3.08 million SOL, worth around $307 million, could become reclaimable from over 1.16 billion token accounts. While this frees previously locked capital, it does not automatically refund holders; they must actively withdraw the surplus. The move coincides with a reduction in future SOL issuance and has contributed to a price rebound above $100, though some profit-taking continues.
Solana co-founder Anatoly Yakovenko proposed a new system where validators price tokenized collateral to mint new SOL tokens, with profits taxed to increase network revenue. This idea leverages Solana's recent Alpenglow upgrade, which improved valida...
A Solana (SOL) trader closed a long position worth approximately $6.34 million and simultaneously opened a short position valued at about $10 million, covering 98,219.31 SOL tokens. The trader's contract account, identified by the address 0x469e9a7f6...
Ether (ETH) fell below the $2,300 mark on October 24, registering a 4.2% loss over the past 24 hours with a price of approximately $2,298.61. This decline follows a previous drop below $2,400 on October 22. Other major cryptocurrencies also saw losse...
Bitcoin fell to its lowest level in over a month, slipping below $80,000, as the U.S. rapidly evacuated personnel from Middle Eastern embassies and military bases due to heightened threats of Iranian attacks. Intelligence reports indicate Iran is adv...
In Q3 2026, BNB Chain led the tokenized equities market with a trading volume of $25.6 billion, an elevenfold increase from the previous quarter. It captured over half of the decentralized exchange volume for tokenized assets and reached 1.8 million ...
