CoinVoice has recently learned that, according to 4E observations, Solana ecosystem's main supporter Sharps Technology is preparing a $100 million SOL buyback plan, intending to transfer some circulating tokens into the ecosystem treasury through open market repurchases, aiming to enhance the ecosystem's long-term capital reserves.
In traditional finance, CME will launch 24/7 cryptocurrency futures and options trading starting from October 2, which means that the mainstream derivatives market will achieve around-the-clock coverage for the first time. Meanwhile, personnel changes at the U.S. CFTC have drawn attention. Former Chairman Giancarlo revealed that the White House is weighing candidates for the new chairman, with SEC senior crypto policy official Mike Selig as one of the main contenders.
Institutional actions are ongoing. VanEck Lido's staked Ethereum ETF has been registered in Delaware, indicating that the compliance process for staked ETFs is accelerating. On a macro level, the AI boom continues to push global stock markets to new highs; meanwhile, the release of U.S. labor data may be delayed, and the market has almost fully absorbed expectations for two rate cuts this year.
In the crypto market, JPMorgan's latest report points out that Bitcoin is still undervalued compared to gold, with prices expected to rise to $165,000.
4E Remind investors: Institutional funds and policy expectations continue to shape market patterns. While short-term fluctuations are intensifying, long-term narratives are accelerating into reality. [Original link]
