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In brief Solana daily transactions fell to 64 million, down nearly 50% from July’s peak. Capital rotation to rivals and network friction are key reasons for the decline, one expert said. Despite a likely ETF approval Friday, Solana’s price is expected to follow Bitcoin’s lead. Solana’s daily transactions are on a steady decline, even as the highly anticipated exchange-traded fund deadline arrives, with one analyst suggesting the token’s price action is likely to seek cues from Bitcoin’s directional bias.The number of daily transactions on the network has plummeted from a peak of 125 million on July 24, 2025, to roughly…

Institutional adoption of digital assets — like bitcoin — is booming, with average portfolio exposure expected to double from 7% to 16% within three years, according to new research from State Street.  State Street’s study touched on how tokenization and blockchain technology are moving from experimentation to execution across global investment portfolios. The study surveyed senior executives across asset management, trying to decipher how institutions are integrating digital assets, tokenization, and emerging technologies like AI and quantum computing into their strategies.  Nearly 60% of respondents plan to increase digital asset allocations over the next year, while most expect exposure to…

In brief Salaries and token incentives declined across nearly all roles and regions, according to Dragonfly’s latest crypto compensation report. Western Europe remains a dominant labor hub, while Asia’s hiring share nearly doubled year-over-year. Most crypto firms remain remote-first, with slower hiring and a widening gap between top executives and staff pay. Crypto salaries are falling across the board despite Bitcoin’s record-breaking run this year, as companies lean on cost discipline and normalize pay after years of aggressive expansion.The downturn spans nearly every role and region, with both cash pay and token incentives shrinking from last year’s levels, according to…

Two Prime Lending issued record-breaking bitcoin-backed loans of $827 million in Q3 2025, bringing its total committed loan volume to $2.55 billion since launching in March 2024, the firm said on Thursday.The lending affiliate of investment adviser Two Prime has established itself as one of the largest bitcoin-backed lenders globally, serving institutions such as miners, hedge funds, trading firms, and digital asset treasuries. It received $20 million backing led by bitcoin BTC$121,242.05 miner MARA Holdings (MARA) earlier this year.Two Prime’s lending clients include publicly listed names like CleanSpark (CLSK), Hut 8 (HUT), Kindly MD (NAKA) and Fold (FLD). Two Prime…

Spot solana SOL$221.07 exchange-traded funds (ETFS) are unlikely to draw major investor inflows even if approved this week, according to a Wednesday report from Wall Street bank JPMorgan (JPM). Solana ETFs could see about $1.5 billion in first-year inflows, roughly one-seventh of ether’s ETH$4,336.65, analysts led by Nikolaos Panigirtzoglou wrote.But the analysts warned that figure could be lower due to waning on-chain activity, heavy memecoin trading, investor fatigue from multiple launches, and competition from diversified crypto index products such as those tied to the S&P Dow Jones Indices Digital Markets 50. Corporate treasuries could also divert demand away from spot…

Bitcoin price was holding steady near the $120,000 mark today but recently slumped below that mark to $119,768. All this movement is after a volatile and bullish start to October. Some analysts point to signs that the market has entered what many describe as the “euphoria phase” of the current bull cycle. Bitcoin price surged more than 30% since the start of the year, buoyed by sustained inflows into U.S.-listed Bitcoin exchange-traded funds, renewed investor confidence in digital assets, and expectations that the Federal Reserve will move toward cutting interest rates.  Bitcoin price briefly touched above $126,000 earlier this week…

Flows into bitcoin BTC$111,480.33 exchange-traded funds (ETFs) are on track to set a new quarterly record, according to crypto asset manager Bitwise, which expects a surge in Q4 as institutional access broadens, macro tailwinds strengthen and prices climb.Earlier this year Bitwise predicted that 2025 bitcoin ETF inflows would surpass the record $36 billion set in year one. With $22.5 billion already logged through September, a strong finish could push totals well past that mark, the firm said in a report on Tuesday.A major catalyst came Oct. 1, when Morgan Stanley (MS) cleared its 16,000 advisers, overseeing $2 trillion in assets,…

BTC reversed the Wednesday bounce with a drop to $121,500 early Thursday alongside flat-to-negative action in the European equity markets and persistemt strength in the U.S. dollar. Jamie Dimon, chief executive of JP Morgan, warned of a major stock market correction in the coming months. Meanwhile, Arhur Hayes, chief investment officer at Maelstrom Fund said that bitcoin’s four-year halving cycles are dead and the impending fiat liquidity deluge across the advanced world will continue to grease the crypto bull market. “The global liquidity cycle is clearly turning. Central banks are quietly transitioning from tightening to easing, with rate markets now…

Monad, the Layer-1 blockchain, confirmed in a post on X that its long-anticipated token airdrop will take place next week.The airdrop claims portal will open on Oct. 14, however, Monad’s team has yet to disclose any information about the airdrop’s allocation.Monad has positioned itself as a high-performance Layer-1 chain that has EVM compatibility. Its forthcoming airdrop marks a step toward launching its native token, but without concrete details on how the tokens will be distributed, the community remains in a holding pattern, watching for the next update.The news comes as decentralized perpetuals exchange Hyperliquid listed MON-USD hyperps earlier on Wednesday,…

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has secured a Virtual Asset Platform Operator License from the Securities and Commodities Authority (SCA) of the United Arab Emirates (UAE), the exchange said on Thursday.Bybit becomes the first crypto exchange to obtain this full license from the SCA, the company said in a press statement.A number of crypto firms with operations in Dubai are regulated under the VARA framework. The SCA regulation is wider in scope as it applies on the UAE mainland, and applies to entities outside Dubai’s jurisdiction under VARA. (ByBit also has a provisional license under the…