THORChain processed $2.40 billion in swap volume in September, nearly four times the $613 million seen in August, with a significant surge in activity from September 25-29 linked to the Bitget exploit. System Income rose to $3.01 million, mostly from swap fees, with a revised distribution model increasing Protocol-Owned Liquidity's share to 20%. Network participation also grew, with active wallets reaching 25,000 and validators increasing to 103 nodes. The changes highlight THORChain's expanding ecosystem and economic model adjustments.
THORChain's September swap volume reached $2.40 billion, a sharp increase from $613 million in August. For readers following the broader crypto market, here is Pluang's snapshot as of Oct 07, 2026 18:23 WIB: out of 50 major cryptocurrencies, 6 rose and 43 fell today. Notable movers include ENJ down 10.87% with 69% sell orders, UNI down 10.28% with 65% buy orders, and SAND up 10.19% with 63% sell orders.
Zcash (ZEC) experienced a 5.38% decline over 24 hours, falling to $1,291 as of October 7. The drop included a 2.02% decrease within one hour, driven by $630,000 in long liquidations on Binance, Bybit, and OKX, while short liquidations were minimal at...
Farmers & Merchants Bancorp (FMAO) is rated as a Buy due to its attractive valuation, trading at a 44% discount to its recent peak and a 5% discount to the sector median. The bank shows strong financial metrics, including a forward return on equity (...
The PEPE cryptocurrency fell 5.52% to about $0.00000405 following Canary Capital's filing for a proposed spot PEPE exchange-traded fund (ETF). The filing outlines plans for a trust to hold PEPE directly, with BitGo Bank & Trust as custodian, and prop...
In early October 2026, BlackRock's crypto portfolio increased by $291.7 million, driven by a $545.57 million purchase of Bitcoin through its iShares Bitcoin Trust (IBIT). Meanwhile, its iShares Ethereum Trust ETF (ETHA) sold $253.87 million worth of ...
Nvidia and Broadcom both benefit from the AI data center expansion but differ in their business models and investment appeal. Nvidia sells merchant AI chips with strong growth and profitability, while Broadcom focuses on custom chips and software wit...
