Solana Trust ETF fund has received SEC approval for listing and registration
Following Bitwise recording a trading volume of $55 million and a net inflow of $69.5 million on the day of the Solana Staking ETF fund launch, Solana's X continues to confirm that the Sol Trust ETF fund has received SEC approval for listing and registration
The Solana spot ETF is expected to be listed tonight, with the trading code $GSOL
This is indeed the scene that many friends deeply involved in the Base ecosystem are looking forward to seeing.
According to KOL Elisa's analysis and deduction:
JPMorgan has valued Base between 12 billion to 34 billion dollars.
They estimate that about 20% of the $BASE tokens will be airdropped to the community. Assuming the total token supply is 1 billion, based on a valuation of 34 billion, the value of the 20% airdrop would be nearly 7 billion dollars.
Additionally, Elisa also speculated on some key conditions for possibly receiving an airdrop, such as:
· Being a deep user or holder of core ecosystem applications, such as Zora, Virtuals, Footballfun, Farcaster, etc. · Having a high trading volume on-chain.
Who knows, maybe it really can happen. What else can one seek besides striving for future profits in Base?
Recently, the narrative of 'x402' has been strongly promoted in overseas communities, and its popularity has suddenly surged.
The cause of this is the collaboration between Coinbase and Google Cloud to launch AP2 (which integrates the x402 protocol), along with a partnership with Cloudflare to establish the 'x402 Foundation'.
In simple terms, x402 is a new standard that evolved from the HTTP status code 402 (Payment Required), aimed at enabling AI and smart applications to complete payments quickly, simplifying the cumbersome KYC process—think of it as a payment solution that pursues 'speed, simplicity, and smoothness'.
Some impressive data from the past 30 days includes:
· Transaction volume increased by 630% · Transaction amounts skyrocketed over 100 times · The number of buyers is nearly 100 times that of sellers · Two meme coins that gained attention after this narrative also surged significantly: $x402 increased by 94 times, and $x420 increased by 45 times.
The potential of x402 lies in its ability to 'allow users to navigate Web3 with a Web2 experience'; however, it is still a new concept and there are potential risks involved.
Elon Musk's SpaceX transferred over $133 million in Bitcoin to a new wallet last night.
This week alone, they have transferred approximately $659.8 million in Bitcoin.
In fact, as early as July of this year, this batch of associated wallets also transferred over $300 million in Bitcoin to Coinbase. Although the specific purpose is still unclear, as an entity holding over $2 billion in Bitcoin, this movement is indeed worthy of attention.
Recently, these top global KOLs (Trump, CZ, Musk) have been very active.
(This article is for market information updates only and does not constitute any investment advice.)
Despite the U.S. government shutdown, the CPI index may still be released
Today, the U.S. will release the delayed September CPI report from a week ago. This is a particularly important economic data point, as it is one of the few remaining indicators that are still being published amid the government shutdown. (According to Bloomberg)
The CPI is expected to remain high, 2.9% > 3.1%
It is still uncertain whether the U.S. will release it, so everyone should be fully prepared and remain cautious.
After being quiet for three months, the wallet address marked by SpaceX has just transferred out 2,495 BTC (approximately 268 million USD) to another wallet. Given the situation, it is very likely that it was sold directly to an institution through over-the-counter (OTC) trading.
Currently, there are still about 5,790 BTC left in the SpaceX wallet, worth approximately 624 million USD.
It seems that since Trump became president, even Musk is getting a bit restless.
When Strategy is continuously buying BTC, Bitmine is also constantly buying ETH!
Giant Bitmine (@BitMNR) continues to strengthen its position by purchasing more ETH.
About 8 hours ago, 63,539 $ETH, worth approximately $251.6 million, was withdrawn from major exchanges Kraken and BitGo and transferred to Bitmine's 3 new wallets.
With this new move, the total amount of $ETH held by Bitmine has increased to 3,299,553 ETH, worth as much as $13.07 billion.
This means that Bitmine currently holds 2.73% of the total supply of Ethereum. Close to the initially set "Alchemy 5%" target.
After a weekend of consolidation, a wave of rebound was stimulated by the news of Michael Saylor increasing his position.
Currently, the key levels are very clear:
· The upper level of 109.2K is the resistance level; we need to hold this level to open up upward space. · The lower level of 105.6K is the support level; if it breaks down, it may continue to test 101K or even 98K.
My personal plan is to wait for a pullback to buy in batches at lower levels. Besides BTC, I will also keep an eye on SOL. I will remain cautious until 109.2K is broken; if it breaks, I will change my viewpoint.
I will be focusing on these two levels from tonight until tomorrow morning for operations.
Reminder: This is purely personal analysis and does not constitute advice. The market has risks, and decisions should be made with caution.
😀 The futures contract volume has reached its lowest point since 2025
The indicator OI Variation (derivatives market open interest volatility indicator) has just fallen to its lowest level since the beginning of 2025, approaching the extreme fear zone, reflecting investors' panic after being forced to liquidate or losing positions.
History shows that when the market enters this zone, sell-offs have almost bottomed out. This could be a signal of a macro bottom forming, hoping history repeats itself, Bitcoin rebounds.
According to Arkham, 3 addresses related to Bitmine continue to collect ETH worth $72,898 (280 million USD) through MM FalconX and Bitgo links
According to the latest data from Strategic ETH Reserve, treasury companies and ETF funds currently hold a total of 12.5 million $ETH, accounting for 10.31% of the total supply of Ethereum
When these funds have already significantly tightened supply, what level will ETH reach in the future?
Market update information, not constituting investment advice