sse

According to Blockworks data, Solana processed a record 14.2 billion non-voting transactions in the third quarter, an increase of 45% compared to the second quarter.

Bitwise Asset Management Chief Investment Officer Matt Hougan stated that after the Senate did not advance the CLARITY Act, stablecoin platforms retain the space to offer balance rewards to customers, and exchanges like Coinbase continue to hold the advantages of existing state-level licenses and the integration of trading and brokerage services.The U.S. Securities and Exchange Commission (SEC) has issued a five-year exemption for tokenized stock trading, allowing eligible platforms to test using licensed automated market makers and liquidity pools. Hougan listed Securitize, which will serve tokenized funds for BlackRock, Apollo, and KKR, as a beneficiary. SEC staff updated the token buyback guidelines, stating that for networks that are functional and do not have a centralized party, buyback announcements do not constitute a commitment relied upon by buyers for expected profits; this guideline does not have legal effect.

The Chairman of the U.S. Securities and Exchange Commission (SEC), Paul Atkins, issued a statement saying that the Commission proposed a plan this week to fill the regulatory gap regarding the custody of cryptocurrency assets by investment advisors and funds, providing a clear custody framework and compliance path for an asset class with increasing client demand.Atkins stated that the existing custody rules under the Investment Advisers Act of 1940 and the Investment Company Act of 1940 were established before the advent of the internet, primarily targeting traditional assets and requiring the use of approved custodians. The custody capabilities for new cryptocurrency assets often lag behind the launch of the assets by several months. This proposal aims to address this issue while updating the custody rules for advisors and regulated funds that have not been revised for decades to align with current industry practices and feedback.The statement noted that this proposal is part of the SEC's regulatory framework for cryptocurrency assets. Related efforts include stopping the replacement of regulation with enforcement, issuing a no-action letter regarding the pilot program for the tokenization of securities by custodial trust companies by December 2025, publishing a classification description for tokenized securities in January 2026, and subsequent initiatives regarding the securities attributes of cryptocurrency assets, broker registration, Regulation Crypto Assets, and innovative exemptions for trading tokenized NMS stocks. Atkins indicated that more regulatory proposals will be forthcoming.

Layer 2 network Blast announced that it will cease operations due to the ongoing maintenance costs of the network exceeding the revenue generated by L2. The team believes there is no credible path to achieve economic sustainability.Blast advises all users to withdraw on-chain assets and balances in the Blast PWA to the Ethereum mainnet and plans to shorten the withdrawal waiting time to 24 hours. However, the team will first process the withdrawal of Lido assets held by Blast, which is expected to take about a week, during which the withdrawal function will be temporarily unavailable.Users can complete withdrawals through the regular Blast interface before October 26. After that, assets can still be withdrawn, but it will require direct interaction with the Blast Bridge contract on Ethereum L1. The team will announce specific operational instructions before the deadline.

The Director of the National Economic Council of the White House, Hassett, stated that the Navy has opened the Strait of Hormuz, and crude oil is passing through.

TRON DeFi Summer announces the latest arrangements for S3: the event will officially launch on October 4 at 08:00 (SGT) and will last for 60 days, with a total prize pool of 2 million USD, including a TRX pool of 1 million USD, a USDD pool of 600,000 USD, a JST pool of 300,000 USD, and a SUN pool of 100,000 USD.Users can enter JustLend DAO through Binance Wallet DeFi to participate in the Boosted APR incentives. Users who participated in S2 do not need to reapply; simply maintaining their holdings will automatically extend their eligibility for S3 rewards. New users can prepare their assets in advance to join as soon as it opens. More S3 gameplay will be announced soon.

The Ronin Waypoint wallet will soon cease operations, and users must complete asset transfers before the final migration deadline on October 16, or assets left in the Waypoint wallet may become inaccessible. This migration primarily involves users utilizing social logins, keyless wallets, or MPC wallets.Users can choose to migrate their assets to a Ronin Stash that supports email or social login, or they can transfer them to a Ronin Wallet protected by a mnemonic phrase. Users who only use mnemonic phrase wallets are not affected by this migration. Additionally, bAXS and Badges need to be handled separately through the official Axie migration page, and this operation can only be completed once.The official reminder for users is to confirm that the target wallet has received the assets after migration and to check if there are any missing assets in the Waypoint wallet.

According to Cointelegraph, BNB Chain has become the first blockchain for tokenized stocks and ETFs to surpass a market capitalization of $1 billion. Data from Token Terminal shows that the total market capitalization of tokenized stocks and ETFs rose from $2.87 billion in August to approximately $3.35 billion in September, an increase of about 17%.The market capitalization in this field on BNB Chain reached $1.1 billion, accounting for about 30% of the $3.7 billion market, followed by Ethereum at $828 million, accounting for 22%, and Solana at $738 million, accounting for 20%. A report from Binance Research stated that BNB Chain also leads with 1.8 million addresses holding tokenized stocks, representing 45% of the total, with its network supporting products such as Binance bStocks and Ondo Global Markets tokenized securities.Tokenized stocks and ETFs have grown more than five times from $719 million in January, when Ethereum accounted for about 48%, Solana for 31%, and BNB Chain only for 13%.

Due to the disruption of capacity expansion plans in the Middle East caused by the war between the U.S. and Iran, OPEC+ has postponed the oil capacity assessment work. This assessment aims to determine the oil production quotas for 2027, which was originally scheduled to be completed by the end of September 2026, and is now expected to be completed by mid-November.

S&P Global Ratings confirmed on October 1 that the issuer credit rating of the stablecoin protocol Sky Protocol is B-, with a stable outlook. S&P stated that Sky is advancing the Prime Agent ecosystem (formerly Stars or subDAO), which includes strategies such as over-the-counter lending with a scale of approximately $1 billion, accounting for about 10% of the total assets supporting USDS and DAI; these semi-independent entities use the Sky balance sheet for specialized investments within the risk parameters set by governance, while increasing management and monitoring complexity.The total supply of USDS and DAI increased from $7.7 billion in August 2025 to $9.5 billion. As of September 17, 2026, reserves are approximately $92 million, with a target of $150 million. Robust assets USDC and tokenized money market funds backed by government bonds total approximately $4.92 billion, accounting for about 50% of circulating USDS and DAI, up from 36% in August 2025. On-chain crypto lending has decreased to about 25% of the balance sheet, while over-the-counter crypto lending has increased to approximately $1 billion. Newly included assets include RLUSD, PYUSD, and USDG totaling approximately $392 million, as well as a tokenized fund investing in AAA-rated CLO shares of about $500 million.As of September 2026, the four major Prime Agents account for approximately 65% of the combined assets, with Spark accounting for 36%, Grove for 24%, Obex for 4%, and Osero for 1%.

According to GMGN data, the privacy narrative token MASK on the Solana chain has a market capitalization exceeding 35 million USD, setting a historical high, with a 24-hour increase of over 70%. The current market capitalization is 34.91 million USD, with a trading volume of 2.7 million USD during the same period.MASK uses ZEC as the base pair and provides liquidity through the ZEC/MASK trading pair, aiming to offer ZK privacy services for any cryptocurrency activities. The prices of related tokens are highly volatile, and investment should be approached with caution.

According to Bitcoin.com, U.S. Federal Judge Jennifer L. Rochon dismissed the class action lawsuit against the organizers of the LIBRA project, Kelsier Ventures, the DeFi protocol Meteora, and related individuals, while also denying the plaintiffs' request to amend the complaint again.

According to Reuters, citing informed sources, EU countries discussed the U.S. request to release diesel stocks and the issue of the U.S. threatening to impose a diesel export ban during a meeting on Friday. The U.S. has requested that major European countries release 800,000 tons of diesel within six months.

Bitwise CEO posted on the X platform that the Bitwise Chainlink ETF has received inflows for three consecutive days, with assets under management exceeding 68 million dollars.

Payment giant Fiserv announced that its digital asset platform has officially launched for financial institution clients, with the first case being the dollar-backed stablecoin Roughrider Coin introduced by a bank in North Dakota.VersaBank is responsible for issuing, custody, and reserve asset management, while Fireblocks provides digital asset infrastructure and tokenization services, with transactions processed through the Solana blockchain.Roughrider Coin will connect to Fiserv's Commercial Center system, providing interbank fund transfer services for over 90 participating banks and credit unions in North Dakota.The platform also supports applications such as stablecoin cards, cross-border payments, programmable commerce, fund management automation, and tokenized deposits.

On Thursday, the U.S. Securities and Exchange Commission (SEC) proposed new regulations aimed at clarifying the requirements for investment advisors and regulated funds regarding the holding and custody of client cryptocurrency assets, as well as standardizing record-keeping, federal disclosures, industry operations, and audit requirements. SEC Chairman Paul Atkins stated that the current custody rules primarily focus on traditional assets, and the new regulations will provide a regulatory framework for the custody of cryptocurrency assets.The proposal is open for public comment for 60 days and intends to allow self-custody of cryptocurrency assets and the use of state-chartered trust companies as custodians under certain conditions.

Variant Fund investment partner Alana Levin stated in her market thoughts for Q4 2026 that the bottom of the crypto market likely occurred at some point in July. She wrote in early July that the bottom seemed close, with Bitcoin at $59,000, Ethereum at $1,600, and ZEC at $420. She mentioned that the question has shifted to whether the bull market is genuinely starting or if it's a false rally, and which projects will benefit the most in the early bull market, assuming the market is in the early stages of a new crypto bull market.Levin indicated that the increasingly formed consensus is that marginal funds are most likely to flow into value storage protocols as currency and protocols that can generate income. She believes Bitcoin is the dominant asset for digital value storage currently, while other competing assets may be valued based on their market capitalization relative to Bitcoin's market cap and its changes. For income-generating protocols, she expects investors to examine whether the income comes from crypto-native activities (like Pump) or traditional financial activities (like Hyperliquid), whether it persists during market downturns, and profit margins; projects with exposure to real-world assets and stablecoin growth, which are expected to attract institutional users and are still led by founders after surviving a bear market, are more likely to achieve higher multiples.She also categorized on-chain projects that can benchmark against non-crypto businesses as a third category, believing that most belong to narrative trading rather than long-term investment. Themes include routing, reasoning, computing power, data collection, and interface-related directions in artificial intelligence, and she is skeptical about whether most scenarios require blockchain; if such projects significantly outperform, she would view it as a signal of nearing the top.

Arkham stated that it has tagged Robinhood's wallets on 12 blockchains, covering the Bitcoin network and Robinhood Chain, with a total value of approximately 24.96 billion USD in related crypto assets. This includes 185,185 BTC, valued at approximately 15.59 billion USD, and DOGE valued at approximately 2.88 billion USD.

ARK Invest's Director of Digital Asset Research Lorenzo Valente published a discussion on the synthetic dollar protocol Ethena: tokenized stocks are changing the landscape in which ENA operates. He stated that the supply of USDe had bottomed out at $3.8 billion and has now risen by about 30%, recovering to nearly $5 billion.Lorenzo Valente: The inverted or low funding rates in the crypto market have forced more USDe collateral to shift towards off-chain yields such as government bonds, with sUSDe's average annualized rate once approaching or falling below SOFR; the market capitalization has remained stable over the long term, and the open interest has also limited the pace of expansion. He noted that basis trading has rebounded to about 20% of the collateral and is growing rapidly, with the U.S. stock market size at approximately $70 trillion, averaging over 8% annual growth. Continued bullish demand is expected to bring sustained positive funding rates, with lower stock volatility and lower hedging costs.He believes this is the first clear path for USDe to expand its supply to over $20 billion, and reaching $30 billion to $40 billion in the next 12 to 18 months would not be surprising, as the upper limit has shifted from crypto open interest to tokenized stock open interest. He also mentioned that Ethena's infrastructure and operations have been validated, and it is expected that Ethena Pay will further drive USDe from the demand side, with the chains, protocols, and vaults supporting USDe's supply and circulation strategies becoming the main beneficiaries.

Meta Platforms stated that it will introduce Muse into its AI glasses in the coming months.