Из жизни альткоинов

Сооснователь Эфириума и гендиректор блокчейн-компании ConsenSys Джозеф Любин (Joseph Lubin) заявил, что из-за массового принятия эфира крупными игроками, курс монеты увеличится в 100 раз от текущей отметки.

Администратор платформы CKpool Кон Коливас (Kon Colivas) сообщил, что одиночный майнер добыл блок Биткоина, получив награду 3,125 BTC ($338 000) и 0,022 BTC ($2,400) в качестве комиссии.

Kể từ khi chính quyền của Tổng thống Donald Trump nhậm chức, ngành tiền điện tử đã có một năm đầy biến động và thay đổi. Chính phủ đã gỡ bỏ nhiều quy định nghiêm ngặt và ban hành những đạo luật mang tính bước ngoặt, nhằm thúc đẩy đổi mới trong lĩnh vực tài sản kỹ thuật số. Những động thái này có thể định hình lại toàn ngành và đẩy nhanh quá trình tích hợp tiền điện tử vào nền kinh tế chính thống.

Đối với những nhà đầu tư “bull” lâu năm, sự thay đổi chính sách này càng củng cố niềm tin rằng giá tiền điện tử sẽ tăng mạnh hơn nữa. Một trong những người ủng hộ nhiệt tình nhất là Cathie Wood, CEO của ARK Invest, nổi tiếng với niềm tin vào công nghệ mang tính đột phá và khả năng thay đổi toàn bộ ngành công nghiệp. Với Wood, tiền điện tử và blockchain là một phần tất yếu trong tầm nhìn tương lai của ARK.

Hiện tại, Wood đang nhấn mạnh một đồng tiền điện tử cụ thể mà bà tin rằng có thể tăng tới 3.536%, trở thành lựa chọn hàng đầu cần xem xét trước khi đợt tăng giá lớn tiếp theo bắt đầu.

Tiện ích thực tế có thể trở thành yếu tố thay đổi cuộc chơi cho đồng tiền điện tử này

Một trong những đồng tiền điện tử mà Cathie Wood và ARK Invest cực kỳ lạc quan là Ethereum (ETH), đồng tiền điện tử lớn thứ hai thế giới với vốn hóa thị trường khoảng 560 tỷ USD tại thời điểm viết bài. Kể từ khi chính thức ra mắt vào năm 2015, Ethereum đã giữ vững vị trí số 2, chỉ đứng sau Bitcoin.

Trong khi Bitcoin ngày càng được coi là kho lưu trữ giá trị—một dạng “vàng kỹ thuật số”—sức hút của Ethereum nằm ở tính ứng dụng thực tế của blockchain. Mạng Ethereum là nền tảng của nền kinh tế ứng dụng phi tập trung (dApp), được vận hành bởi hợp đồng thông minh. Những hợp đồng này tự động thực thi khi điều kiện được đáp ứng, loại bỏ nhu cầu trung gian và mở ra nhiều trường hợp sử dụng mới trong các ngành như bất động sản, tài chính, chuỗi cung ứng và y tế.

Ethereum cũng là blockchain phổ biến nhất cho dApp, với hàng nghìn ứng dụng đã được xây dựng và hơn 234 triệu ví duy nhất đã tương tác với mạng trong thập kỷ qua. Nhiều loại tiền điện tử hàng đầu hiện nay được phát triển dưới dạng token ERC-20 trên Ethereum, và phần lớn stablecoin lớn nhất thế giới cũng đang hoạt động trên blockchain này.

Cathie Wood từ lâu đã bày tỏ sự lạc quan về quỹ đạo dài hạn của Ethereum. Tại một hội nghị của ARK Invest vào năm ngoái, bà dự đoán Ethereum có thể đạt mức vốn hóa 20 nghìn tỷ USD vào năm 2032, dựa trên tổng nguồn cung 120 triệu token. Điều đó đồng nghĩa với giá 166.000 USD mỗi ETH, tức tăng hơn 3.500% so với mức giá hiện tại khoảng 4.635 USD.

Ngoài ra, cơ chế đốt token của Ethereum—loại bỏ vĩnh viễn token khỏi lưu thông—có thể khiến giá tăng cao hơn nữa nhờ giảm nguồn cung. Điều này tạo thêm yếu tố khan hiếm, củng cố thêm lý do đầu tư.

Wood thậm chí còn so sánh Ethereum với trái phiếu kho bạc Mỹ. Kể từ khi chuyển đổi từ cơ chế đồng thuận proof of work (PoW) sang proof of stake (PoS), Ethereum cho phép người nắm giữ stake token để nhận lợi suất, đồng thời hỗ trợ xác thực giao dịch. Những token đã stake này thường được dùng làm tài sản thế chấp trong DeFi và các giao dịch khác, điều mà ARK cho rằng rất giống với cách trái phiếu kho bạc hoạt động trong tài chính truyền thống. Nếu sự so sánh này được thị trường rộng lớn hơn chấp nhận, vai trò của Ethereum trong nền kinh tế toàn cầu có thể sẽ mở rộng đáng kể.

Ethereum có thực sự đạt 166.000 USD không?

Dự đoán giá tiền điện tử luôn là một việc khó khăn, bởi các tài sản kỹ thuật số không tạo ra dòng tiền hay lợi nhuận như những công ty niêm yết truyền thống. Toàn bộ lĩnh vực này vẫn còn tương đối mới, biến động mạnh và chịu ảnh hưởng nhiều từ tâm lý thị trường cũng như xu hướng chấp nhận. Vì vậy, những dự báo từ các nhân vật nổi tiếng—như Michael Saylor với Bitcoin hay Cathie Wood với Ethereum—thường bị nhiều người hoài nghi coi là mang tính quảng bá.

Tuy nhiên, trong dài hạn, những ai tin tưởng Ethereum đã gặt hái được kết quả tích cực. Đây vẫn là một trong số ít đồng tiền điện tử có tính ứng dụng thực tế rõ ràng. Dù còn tồn tại những thách thức như tắc nghẽn mạng và khả năng mở rộng, Ethereum vẫn là nền tảng cho khối lượng lớn các giao dịch kỹ thuật số, đặc biệt là stablecoin, vốn đang ngày càng được sử dụng rộng rãi. Nhu cầu ngày càng tăng này củng cố thêm lý do đầu tư, bất kể ETH có thực sự chạm mốc dự đoán 166.000 USD của Wood hay không.

Dĩ nhiên, không ai có thể khẳng định chắc chắn Ethereum sẽ giao dịch ở mức nào vào năm 2032. Nhưng thực tế hơn, ETH nhiều khả năng sẽ tiếp tục mang lại lợi nhuận dài hạn đáng kể cho các nhà đầu tư kiên nhẫn, khi tiện ích mạng lưới ngày càng mở rộng và mức độ chấp nhận ngày càng sâu rộng.

Có nên mua Ethereum ngay bây giờ không?

Trước khi vội vàng mua Ethereum, bạn nên dừng lại và xem xét bức tranh toàn cảnh. Nhóm phân tích của Motley Fool Stock Advisor—nổi tiếng với khả năng liên tục xác định những khoản đầu tư sinh lời cao—gần đây đã công bố danh sách 10 cổ phiếu tốt nhất để mua ngay bây giờ. Điều thú vị là Ethereum không nằm trong danh sách này.

Điều này có thể khiến nhiều người bất ngờ, đặc biệt khi Ethereum có tiềm năng dài hạn rõ ràng. Nhưng bài học ở đây là ngay cả những tài sản phổ biến và mang tính đột phá như ETH cũng không phải lúc nào cũng phù hợp với mọi chiến lược đầu tư. Ví dụ, khi Netflix xuất hiện trong danh sách này vào tháng 12/2004, khoản đầu tư 1.000 USD khi đó đến nay đã có giá trị hơn 650.000 USD. Tương tự, khi Nvidia được đề cập vào tháng 4/2005, 1.000 USD đầu tư ban đầu đã tăng lên hơn 1.067.000 USD tính đến hiện tại.

Hiện nay, lợi nhuận trung bình từ các lựa chọn của Stock Advisor đạt mức ấn tượng 1.049%, so với chỉ 185% của chỉ số S&P 500. Thành tích này cho thấy vì sao khuyến nghị của họ có sức nặng—và vì sao các nhà đầu tư nên cân nhắc khám phá những cơ hội đó song song với Ethereum, hoặc thậm chí thay thế ETH trong ngắn hạn.

Ngoài Ethereum: Vì sao Bitcoin Hyper có thể trở thành cơ hội lớn tiếp theo

Trong khi Ethereum vẫn dẫn đầu tin tức với vai trò là nền tảng hợp đồng thông minh hàng đầu, các nhà đầu tư cũng đang chú ý đến những dự án mới nổi kết hợp khả năng mở rộng, tốc độ và tính ứng dụng với sự bảo mật của Bitcoin. Một trong những ứng viên hứa hẹn nhất là Bitcoin Hyper (HYPER).

Khác với nhiều altcoin khác, Bitcoin Hyper được định vị là một giải pháp mở rộng Layer-2 cho Bitcoin, cho phép xử lý hàng nghìn giao dịch mỗi giây, phí cực thấp và hỗ trợ hợp đồng thông minh nhờ tích hợp với Solana Virtual Machine (SVM). Điều này có nghĩa là các nhà phát triển có thể xây dựng các ứng dụng phi tập trung phức tạp trên nền tảng Bitcoin—điều vốn chưa từng khả thi trước đây.

Với hơn 13 triệu USD huy động trong vòng presale và sự quan tâm ngày càng tăng từ cả nhà đầu tư cá nhân lẫn tổ chức, Bitcoin Hyper nhanh chóng trở thành dự án đáng chú ý trong năm 2025. Đối với những ai tin vào tầm nhìn của Cathie Wood về tính ứng dụng của blockchain, Hyper mang đến một lựa chọn bổ sung: biến Bitcoin từ “vàng kỹ thuật số” thành một mạng lưới có khả năng lập trình như Ethereum.

Khi Ethereum vẫn đang đối mặt với những thách thức về khả năng mở rộng và tắc nghẽn mạng, Bitcoin Hyper nổi lên như một giải pháp thay thế sáng tạo, có thể góp phần định hình thế hệ tiếp theo của tài chính phi tập trung và các ứng dụng blockchain.

 

California Governor Gavin Newsom on Friday teased a new satirical memecoin called “Trump Corruption Coin,” part of what he described as a broad push to mock US President Donald Trump’s growing ties to the crypto scene.

The governor made the remark during a high-profile appearance on the Pivot podcast and at the California Agenda: Sacramento Summit, saying the coin would be tied to his “Campaign for Democracy.”

Governor’s Mocking Move

According to Newsom, the token is meant as political satire and a fundraising tool. Reports have disclosed that proceeds would be directed toward redistricting work and voter outreach — causes the governor has said are central to his campaign efforts.

He framed the idea as a way to highlight what he calls the “absurdity” of well-known crypto maneuvers tied to the US President.

Gavin Newsom: “We’re about to put a meme coin out.”

Kara Swisher: “Is it going to be gold Gavin Coin?”

Newsom: “No, it’s Trump Corruption Coin… this is one of the great grifters of our time… His family is sent out before these foreign trips doing deals.The crony capitalism… pic.twitter.com/HNknqlm9Gi

— Blue Georgia (@BlueATLGeorgia) August 29, 2025

Newsom’s comments come after weeks of increasingly pointed online trolling. He has been selling parody items in a Patriot Shop that mirrors MAGA-style branding, and his team has used all-caps social posts and AI-generated memes to needle conservative figures.

The coin tease was delivered with a jab: when asked if it would be called a “Gavin Coin,” he said no — it would be “Trump Corruption Coin.”

A Direct Response To Trump’s Crypto Moves

Based on reports, the governor also drew a contrast with tokens tied to Trump. He noted the President’s earlier foray into memecoins and recent crypto-linked activity surrounding his circles.

Reports have referenced Trump’s own Solana-based token, which was released earlier this year and has drawn scrutiny from critics.

Political strategists say the stunt serves a double purpose: it keeps Newsom in the headlines, and it forces conversation about the messy overlap between politics and crypto.

Campaign aides declined to lay out technical details immediately; it was not clear if the memecoin would be a fully tradable token, a novelty NFT, or a limited-run collectible tied to the Patriot Shop. What was made plain is that the move is satirical and activist in tone.

What To Watch Next

Observers will watch three things closely: whether the coin is minted on a public blockchain, how much money it raises, and how regulators respond.

Meanwhile, Trump just backed the launch of WLFI, a token promoted as a major part of his crypto push.

The coin saw heavy trading in its first days but quickly dipped by about 30% after launch, raising questions about stability and long-term investor confidence.

This development added more fuel to critics who say Trump’s embrace of memecoins and crypto projects is less about policy and more about profit.

Featured image from Justin Sullivan/Getty Images, chart from TradingView

Исполнительный директор Европейского управления по ценным бумагам и рынкам (ESMA) Наташа Казенаве (Natasha Cazenave) заявила, что токенизация активов может значительно улучшить работу рынков, поэтому Евросоюз не должен отставать от США и Великобритании в этой сфере.

Japanese firm Metaplanet secured shareholder approval to raise approximately $884M through the issuance of up to 550M new shares overseas.

The funds raised are primarily earmarked for expanding Metaplanet’s Bitcoin holdings, and are spearheaded in large part by Eric Trump, son of US President Donald Trump, and a Metaplanet advisor.

Even as Metaplanet prepares for another big Bitcoin buy, questions grow about the soundness of the company’s strategy – and of Eric Trump’s involvement.

And in the background, hype grows surrounding the launch of Bitcoin Hyper ($HYPER) – a potentially revolutionary Bitcoin Layer 2.

Bitcoin Hoard Grows Amid Strategic Push

Metaplanet continues its aggressive accumulation of Bitcoin, purchasing an additional 1,009 $BTC (worth about $112M).

This brings its total holdings to approximately 20,000 $BTC, surpassing fellow public holder Riot Platforms, and placing it at number six on the list of top global corporate Bitcoin holders.

But the aggressive strategy is running a bit of a risk. The company’s innovative funding mechanism – a ‘Bitcoin flywheel’ of warrant-driven funding predicated on a rising stock price – is stalling.

With shares down approximately 54% since mid‑June, investor appetite for exercising warrants by its key backer, Evo Fund, has waned, choking liquidity.

In response, Metaplanet advocated a fallback: a shareholder vote to consider issuing up to 555M preferred shares, potentially raising as much as $3.7B. These preferred instruments would offer dividends (up to 6% annually) and act as a buffer against further dilution of common shares.

Eric Trump Joins the Spotlight

The meeting to vote on the preferred shares proposal took on new luster when Eric Trump, appointed as a strategic advisor earlier this year, attended. He participated in a Tokyo event complete with costumes, food trucks, and a K-pop performance.

Despite the media being barred from entry, his presence highlighted the firm’s high-profile crypto positioning.

And with his support, all the major proposals – including the new stock issuance – passed.

With that hurdle apparently cleared, Metaplanet’s long-term roadmap remains bold: it aims to accumulate over 210K $BTC by the end of 2027 – roughly 1% of all Bitcoin ever to exist – by leveraging its holdings to acquire profit-generating businesses.

The strategy mirrors MicroStrategy’s crypto-centric model and underscores the company’s ambition to lead the corporate Bitcoin treasury movement.

Metaplanet shares traded down around 5–6% on the day, indicating that the company’s moves don’t completely sway investors. At the same time, analysts remain bullish on the longer-term upside.

Metaplanet’s Bitcoin moves come when some of Bitcoin’s underlying limitations are becoming more obvious. Yes, Bitcoin is one of the best stores of value ever created – but as the crypto and web3 economies expand, Bitcoin risks being left behind.

That’s where Bitcoin Hyper comes in.

Bitcoin Hyper ($HYPER) – SVM-Power Bitcoin Layer 2 for Lightning-Fast Transactions

Bitcoin Hyper ($HYPER) deploys a hybrid architecture to bring Solana’s lightning-fast transactions and high throughput together with Bitcoin’s reliability and sheer size.

That’s done via smart contracts on the Solana Virtual Machine (SVM) – particularly a Bitcoin Canonical Bridge to move Bitcoin from the original layer to wrapped Bitcoin on the Hyper Layer 2. Once the wrapped $BTC is minted, it can be used within complex smart contracts, dApps, and DeFi. Moving it back simply reverses the process.

However, the final transaction settlement remains on Bitcoin’s Layer 1, preserving the stability and security that Bitcoin is known for.

What is Bitcoin Hyper? It’s the rapid-response option for Bitcoin’s next stage of evolution. The Layer 2 is powered by the $HYPER token; currently available in the presale for $0.012845. Our price prediction shows the token price could hit $0.32 by the end of the year, representing a 2,683% increase from its final presale price.

Learn how to buy Bitcoin Hyper, and check out the $HYPER presale page ($13M raised).

Will Metaplanet – Or Bitcoin Hyper – Save Bitcoin?

Metaplanet is doubling down on its Bitcoin treasury strategy, advancing bold capital raises even as its share price retreats. The outcome hinges on whether its preferred share issuance can revitalize its funding flywheel.

It may also come down to how Bitcoin performs; could Bitcoin Hyper supercharge the whole ecosystem and save Metaplanet?

As always, do your own research. This isn’t financial advice.

Authored by Bogdan Patru, Bitcoinist — https://bitcoinist.com/metaplanet-to-add-844m-in-btc-treasury-to-save-itself-pump-for-bitcoin-hyper/

Thị trường tiền điện tử đang bắt đầu ổn định sau một tuần đầy biến động. Trong 24 giờ qua, tổng vốn hóa thị trường đã tăng thêm 13 tỷ USD, đạt mức 3,82 nghìn tỷ USD. Ngưỡng 3,81 nghìn tỷ USD đang đóng vai trò hỗ trợ quan trọng, tạo nền tảng cho sự ổn định chung của thị trường.

Bitcoin hiện được giao dịch ở mức 111.477 USD, với kháng cự quanh 112.500 USD. Nếu vượt qua 115.000 USD, khả năng bứt phá mạnh hơn có thể xảy ra, mặc dù chỉ số RSI cho thấy cần thận trọng trong ngắn hạn.

Cá voi đang tích lũy Altcoin: Bitcoin Hyper, AAVE và UNI

While Bitcoin consolidates around key resistance levels, whales appear to be rotating their capital into high-conviction altcoins. On-chain data from Lookonchain shows significant withdrawals of Bitcoin Hyper (HYPER), Aave (AAVE), and Uniswap (UNI) from centralized exchanges. Such large outflows usually indicate accumulation, as whales prefer to move assets into private wallets or DeFi strategies rather than leave them exposed on exchanges. Historically, these kinds of moves have preceded periods of bullish momentum.

A notable transaction involved wallet 0xF436, which withdrew 43,123 AAVE (valued at $13.87 million) over just two days. Aave has remained one of the most important lending protocols in DeFi, and heavy whale accumulation suggests strong belief in its ability to maintain dominance in the decentralized finance sector. This type of conviction buying often signals that large investors expect AAVE to appreciate further, or that they plan to use it in long-term yield-generating strategies.

Meanwhile, a newly created wallet, 0xC0D9, withdrew 9.325 million HYPER (worth roughly $8.86 million) from Binance only 11 hours ago. Unlike traditional altcoins, Bitcoin Hyper is positioning itself as a Layer-2 scaling solution for Bitcoin, combining the security of the Bitcoin blockchain with the efficiency of the Solana Virtual Machine (SVM). This allows Hyper to process thousands of transactions per second, enable smart contracts, and dramatically reduce transaction fees. The scale and timing of this whale purchase highlights how institutional players and high-net-worth investors may be betting on Hyper as one of the next big narratives in the crypto market. Backed by a $13 million presale raise, the project has quickly gained attention as one of the fastest-growing altcoins in 2025.

Another large transaction came from wallet 0x4940, which withdrew 408,557 UNI (about $4.11 million) from Binance just four hours ago. Uniswap continues to dominate as the largest decentralized exchange (DEX) protocol by volume, and whale accumulation here signals confidence that UNI will remain central to DeFi’s liquidity infrastructure. Given Uniswap’s ongoing upgrades and governance proposals, whales may be positioning for both long-term token value and governance influence.

Taken together, these transactions show that whales are not merely speculating on short-term price action—they are positioning themselves in projects with strong fundamentals, real use cases, and potential to lead the next market cycle.

Tác động của việc cá voi mua vào đối với thị trường

Hoạt động tích lũy của cá voi thường được xem là tín hiệu tăng giá, vì nó thể hiện niềm tin vào giá trị trung và dài hạn của tài sản. Việc các nhà đầu tư lớn tập trung gom mua Bitcoin Hyper (HYPER), AAVE và UNI cho thấy dòng tiền thông minh đang âm thầm chuẩn bị cho một đợt tăng giá altcoin tiềm năng.

Đối với các trader, những động thái này là chỉ báo on-chain quan trọng. Khi nguồn cung trên sàn giao dịch giảm, áp lực tăng giá thường xuất hiện—đặc biệt khi đi kèm với nền tảng vững chắc. Với Bitcoin Hyper nổi lên như một câu chuyện mở rộng Layer-2 mới, Aave giữ vững danh tiếng là giao thức cho vay DeFi hàng đầu, và Uniswap tiếp tục thống trị trong giao dịch phi tập trung, sự kết hợp giữa niềm tin của cá voi và sức mạnh dự án có thể tạo đà cho xu hướng tăng trưởng.

Giới quan sát sẽ theo dõi sát sao để xem liệu hoạt động gom mua này có nhanh chóng chuyển thành cú bứt phá ngắn hạn về giá, hay đó là sự chuẩn bị cho một chu kỳ thị trường lớn hơn trong đó những tài sản này sẽ đóng vai trò trung tâm.

Автор книги о личных финансах «Богатый папа, бедный папа» Роберт Кийосаки (Robert Kiyosaki) заявил, что золото, серебро и биткоин помогут инвесторам сохранить их капитал при надвигающемся экономическом коллапсе в европейских странах.

There’s absolutely no denying Bitcoin’s potential for a massive rally in the coming weeks.

With a possible Federal Reserve rate cut in September, corporations like Strategy and Metaplanet making fresh $BTC purchases, and overall demand for the token far exceeding supply, there’s no shortage of bullishness.

That said, savvy investors, especially retailers who don’t have billions in capital to pour into crypto, are even more eager for a Bitcoin rally, because it could usher in absolute madness for low-cap altcoins.

That’s where real life-changing money is, after all. And to help you uncover the best altcoins to buy for this upcoming bull run, we turned to Gemini.

Thanks to its direct integration with Google Search, Gemini has instant access to every piece of crypto-related data online, from major announcements to real-time prices.

Keep reading to discover Gemini’s top crypto picks, and what makes them stand out from the rest.

1. Bitcoin Hyper ($HYPER) – Turbocharging Bitcoin with Solana-Like Performance

Bitcoin Hyper ($HYPER) is the AI’s top pick for the best crypto to buy now, not only because it has explode-worthy potential, but because that outsized edge comes from rock-solid fundamentals and a game-changing mission: to improve Bitcoin.

$HYPER is building a new Layer 2 solution for Bitcoin, aiming to bring blazing-fast speeds, low costs, and improved programmability to the network.

By integrating the Solana Virtual Machine (SVM), Hyper will allow developers to build smart contracts and decentralized applications directly on Bitcoin – something that was previously impossible.

Additionally, a decentralized, non-custodial canonical bridge will let you interact with these dApps in the new SVM-powered Web3 environment on Bitcoin.

How? By converting your native Layer 1 $BTC into ‘wrapped’ $BTC – tokens that are fully compatible with Layer 2.

You can then use these tokens for high-speed DeFi trading, NFTs, blockchain gaming, lending, staking, DAOs, and more.

Better yet, the Bitcoin Hyper presale hasn’t lost steam since its launch a couple of months ago.

It has already raised over $13.4M, with each token currently priced at just $0.012845. Here’s a detail guide on how to buy $HYPER.

And according to our Bitcoin Hyper price prediction, the token could rocket 2,400% by the end of 2025, potentially hitting a high of $0.32.

Visit Bitcoin Hyper’s official website for more information.

2. Maxi Doge ($MAXI) – Hype-Driven Meme Coin Inspired by Dogecoin

Maxi Doge ($MAXI) is the new Shiba Inu on the block, with bulked-up muscles, a big fat green candle as a lightsaber, and a never-before-seen determination to churn out 1000x returns.

Interestingly, Maxi’s insane work ethic comes from a dark place – he grew up getting ignored at family gatherings, courtesy of his more ‘wholesome’ and popular cousin, Dogecoin.

As a result, $MAXI’s mission is now to overthrow $DOGE as the best meme coin on the planet.

And to achieve this rather ridiculous goal, $MAXI’s developers have allocated a chunky 40% of the total token supply to marketing.

Why marketing? Because going viral is $MAXI’s best (and only) chance at achieving meme coin greatness.

With influencer collaborations, PR campaigns, and social media blitzes in the pipeline, Maxi Doge will leave no stone unturned to become a top trending crypto.

Even better? Buying $MAXI will unlock a slew of holder-only events, including weekly trading competitions and leaderboard prizes.

Plus, a potential futures platform listing could let you slam the accelerator pedal and chase life-changing gains, thanks to 1000x leverage opportunities.

Currently in presale, Maxi Doge has already pulled in over $1.74M from early investors.

And each token is available for just $0.000255. Hurry up, though, because the price is set to increase in only a few hours.

Check out Maxi Doge’s official website for more information.

3. Comedian ($BAN) – Viral Meme Coin Poised for Another Massive Breakout

Unlike Bitcoin, Ethereum, Solana, and other mainstream cryptos that are still awaiting a breakout, Comedian ($BAN) has already broken out of a long-drawn descending triangle pattern.

Projecting the width of the triangle on top of the breakout level gives us the token’s next target of $1.40 – a whopping 1,500% gain from current levels.

But what exactly is Comedian? Is it a new Layer 1 offering Wall Street a reliable way to build dApps? Or the next cross-border payments giant?

Well, it’s none of that. In classic Ken style, $BAN would simply say, ‘I’m just a meme coin.’

Comedian is based on the controversial modern art piece featuring a banana taped to a wall. Naturally, the token enjoys traction fueled by the ongoing debate around modern art itself.

With no intrinsic value, roadmap, or utility, $BAN has still managed to gain nearly 100% since the start of August. And as mentioned earlier, it now looks primed for an even more explosive rally.

Wrapping Up

AI chatbots like Gemini are now more powerful than ever. With access to real-time data, including online chatter, they’re more than capable of identifying the next 1000x cryptos.

To put this to the test, we asked Gemini for its top crypto picks right now.

The AI delivered a balanced mix of fundamentally strong tokens like Bitcoin Hyper ($HYPER) and hype-fueled coins like Maxi Doge ($MAXI) and Comedian ($BAN).

That said, kindly keep in mind that crypto investments are inherently risky due to the market’s volatility. This article is not financial advice, and you must always do your own research before investing.

Authored by Krishi Chowdhary, Bitcoinist — https://bitcoinist.com/best-altcoins-to-buy-now-gemini-top-3-picks-surpass-btc/

Cardano founder Charles Hoskinson used a late-September 1 video to rebut what he called misrepresentations of his stance on client diversity, insisting it has been a design goal “from the very beginning” and warning that social-media “drama” is harming coordination on core upgrades such as Leios. “I’m not anti-client diversity,” Hoskinson said. “There was always from the very beginning a plan for client diversity. We live in the world of facts, not feelings.”

Hoskinson Clarifies Cardano’s Client Diversity Roadmap

Hoskinson framed client diversity as a prerequisite for decentralization rather than an optional feature. “Client diversity is crucial. Ethereum knows it. Solana knows it. Everyone knows it. It’s not some fancy feature. It’s the foundation of decentralization,” he said, adding that developers need implementation choice to customize nodes and push the protocol’s capability frontier. His intervention followed a spate of posts by alternative-client teams on X that he said “tr[ied] to misrepresent” remarks from a recent AMA.

At the heart of his argument is Cardano’s reliance on formal specifications as the “code-independent, implementation-independent blueprint” of the protocol. “If you don’t have a formal specification, then the code is the spec,” he said, underscoring why IOHK invested in specs intended to enable multiple interoperable clients. He stressed that specifications can be expressed in different formalisms as long as rigor and ambiguity management are maintained: “You can write them in TLA, you can write them in Agda, you can write them in Lean… you can write them in markdown if you want to. [But] it does have to have some form of rigor and limited ambiguity.”

Hoskinson outlined a two-track strategy he says he originally proposed for “responsible” diversification: continue maintaining the current Haskell-based Cardano node while building a second, independent implementation—“Cardano 2.x”—in Rust with a microservices architecture. The goal would be to run them in parallel until they meet at feature parity, which he likened to the current plan for Lace 1.x and Lace 2.x to “intersect” later this year. The second codebase, he argued, would pressure-test the specifications, reduce ambiguity and pave the way “to go from two to n” clients.

Instead, he said, the ecosystem took a more fragmented path when builders organized under Pragma began writing their own nodes “not actively contributing to the specifications we’ve written.” That approach, he warned, increases the risk of network partition and raises coordination costs unless teams align on specs and testing. “How do you avoid things like a network partition and how do you ensure peer interoperability? It’s a lot harder. The teams have to work together,” he said, noting IOHK convened a “node diversity workshop” and is currently integrating third-party components—“Namely, with Blockfrost, they are currently integrating Dolos… into the full-node design… being built for the desktop replacement for Daedalus”—to demonstrate it values external work.

Will Underfunded Nodes Won’t Delay Leios?

The most immediate flashpoint is Leios, Cardano’s planned scaling architecture that Hoskinson called the company’s “single most urgent program.” He said IOHK has reorganized and increased staffing to run “a 24/7 follow-the-sun development model… to write Haskell code for the Haskell node for Leios,” adding that dissenters internally were “reassigned or terminated.”

But he also questioned whether alternative client teams have the resources to bring Leios support online next year. “I do not believe the alternative nodes are resourced enough to be able to build Leios in 2026… If I am right, what that means is that they will not be able to launch their alternative nodes in 2026 if we are able to get Leios fully coded and integrated… unless the network wants to wait for them,” he said. The “remedy,” in his view, is either more funding for those teams or accepting a delay to Leios.

To avoid both fragmentation and indefinite deferrals, Hoskinson advocated creating a “certified client” program tied directly to the specifications. “I would like certified clients where you create evidence that those clients follow the specification and thus are certified,” he said. Budgeting could then be structured around baseline features, new functionality, and certification, with Catalyst or treasury requests covering “all three things,” rather than funding features that may not interoperate or meet security expectations. Certification, he suggested, would also answer recurring community questions about an “official client”: “My answer is there is none, but I would like certified clients.”

Looking forward, Hoskinson reaffirmed a multi-client roadmap anchored in a Rust-based “Project Acropolis,” which he described as a microservices “polyglot node” that could unify the partner-chains framework with Cardano’s main stack. He sketched a split between “enterprise” deployments—Kubernetes-orchestrated microservices with horizontal scaling and self-healing—and “retail” nodes combining lighter components like Dolos with Mithril to accelerate full-node sync “in less than an hour.” He also signaled appetite for modernizing networking—potentially adding pub/sub capabilities suitable for partner chains and dapps—while acknowledging the difficulty of re-implementing Cardano’s “mini-protocol” stack in other languages.

Lessons Learned

The broader message was an appeal to de-escalate social-media conflict and re-center on technical delivery and shared incentives. “We’ve gotten a bit too in love with drama and a bit too in love with adversarial behavior,” he said, warning that persistent bad-faith interpretations and intra-ecosystem feuds risk creating “a toxic hellscape” that drives builders away. He drew two personal “red lines”—accusations of criminal conduct and the repurposing of funds intended for the community—while otherwise inviting criticism of his decisions and style. “If you’re attacking my personality, my conduct, my company… I don’t care. Say whatever you want to say,” he said. “If you say I have committed a crime… that’s the red line.”

He also pushed back against narratives that Cardano is chronically underperforming, citing one-year relative returns and the network’s historical uptime, while acknowledging that 2022–2023 were difficult and that feature delivery “took a lot longer” than planned. “We shipped in a period of 24 months everything from Shelley to smart contracts and… governance,” he said, arguing that the ecosystem is now “digesting” those milestones ahead of the Basho scaling phase and Leios.

The video closed on a pragmatic, if combative, optimism that Leios could be the “great unifier” to align client teams around a shared paradigm, provided the ecosystem recommits to coordination, specification discipline, and mutual respect. “The outcome I want is Leios to ship next year… for the Haskell node to continue to grow… and I would also like three to five clients to be horizontal, meaning within 12 to 24 months they can begin to compete,” he said.

Reiterating that IOHK intends to surface client choice to end-users, he added, “Once we have a reasonable degree of security… we will give every Lace user the option of which backend they want to install… because it excites me to give the user choice.”

At press time, ADA traded at $0.82.

Последние дни августа принесли коррекцию на крипторынок. Вслед за биткоином упали в цене и альткоины, правда, не все. Некоторые цифровые активы смогли подорожать. Одним из крупнейших среди них был Polygon.

Over the last few years, a number of meme coins such as PEPE and TRUMP have popped up, growing large enough to overtake many before them. They have risen quickly with meme coin mania to vie for top positions in this budding sector. While Dogecoin has since maintained its position as the foremost and largest meme coin, Shiba Inu has had a harder time maintaining its hold on second place. Now, it has fallen behind PEPE in a major metric.

Shiba Inu Drops Behind PEPE In Social Activity

Shiba Inu marketing lead LUCIE shared an update on the social activity of the top meme coins, and it revealed a shocking development. According to the report, Shiba Inu has fallen reasonably behind PEPE in this major metric, something that often directly affects the performance of meme coins as their movements are largely hype-based.

In the screenshot, it shows Dogecoin is still in the lead by a large margin with 3.6 million interactions across 37,800 engaged posts. Then behind Dogecoin is the much younger PEPE meme coi,n coming in hot with 1.5 million interactions spread across 22,800 posts.

Shiba Inu is in third place with fewer than 1 million interactions, showing a large gap between the two. With 791,600 interactions across 15,600 posts, it shows how much Shiba Inu has declined in popularity among meme coin investors.

Other notable appearances here are from the TRUMP meme coin, coming in at fourth place. PUMP, from the Pump Fun team, is surprisingly ahead of BONK, kicking the latter out of the top 5 in terms of social activity. Others, such as PENGU, FARTCOIN, GOAT, and GIGA, all appear on the list in descending order.

Is There A Flippening Coming?

While the Shiba Inu market cap remains above $7 billion, putting it ahead of PEPE’s $4 billion, the latter seems to be outperforming in other areas. Besides social activity, PEPE has also managed to surpass Shiba Inu in terms of trading volume. Data from the CoinGecko website shows an over $295 million 24-hour trading volume for PEPE. In contrast, the Shiba Inu trading volume came in at just over $120 million for the same time period.

However, another area where Shiba Inu has continued to dominate is in terms of total holder count. The total SHIB holders, according to Etherscan, have crossed 1.5 million, whereas the total number of PEPE holders sits just above 482,000 at the time of writing.

Data shows the Bitcoin spot exchange-traded funds (ETFs) are back to positive days, but Ethereum funds are still leading the market.

Bitcoin Spot ETFs Saw 3,018 BTC In Net Inflows Last Week

In a new post on X, analytics firm Glassnode has talked about the latest trend in the weekly inflows related to the US BTC spot ETFs. The “spot ETFs” refer to investment vehicles trading on traditional platforms that allow investors to gain indirect exposure to an underlying asset like Bitcoin or Ethereum.

In the case of cryptocurrencies, the main appeal of the spot ETFs is that they provide a regulated off-chain route into them. This means that investors who aren’t familiar with digital asset wallets and exchanges can also conveniently invest into the space.

While demand for Bitcoin spot ETFs was strong earlier, it has been more mixed lately. Below is a chart shared by Glassnode that shows the trend in the weekly netflow for these investment vehicles over the last few months.

As displayed in the above graph, the US Bitcoin spot ETFs observed significant net inflows between April and July, but then a shift occurred as outflows started taking place instead.

Before this past week, BTC saw outflows in three out of the previous four weeks. While the netflow has switched back to positive in the last week, its value has only been a modest 3,018 BTC ($329 million at the current exchange rate).

That said, the return to green has come alongside a decline in the cryptocurrency’s price, so even the small inflows are a positive indication of institutional demand for BTC. The coin that has seen more notable interest, however, has been Ethereum, the digital asset ranked second by market cap.

From the chart, it’s apparent that the US Ethereum spot ETFs saw negative flows in the previous week, but just like with Bitcoin, the latest week brought back inflows.

Unlike BTC, however, the outflows were an exception to the trend for ETH; the cryptocurrency’s funds were on a 14-week net inflow streak before the the wave of negative flows.

Some of the spikes witnessed during the streak were also quite massive, indicating that institutional entities have been making notable bets on the asset. The latest positive netflow spike has also been significant, with 286,000 ETH (worth about $1.2 billion right now) pouring into the wallets attached to the spot ETFs.

BTC Price

Bitcoin has been facing bearish winds since setting its new all-time high earlier in the month that have taken its price to the $109,200 level.

Bitcoin (BTC) is likely to benefit from the inclusion of Strategy (MSTR) – formerly MicroStrategy – in the S&P 500 Index following one of its strongest quarterly results. To recall, Strategy is the world’s leading Bitcoin treasury firm, holding more than three percent of BTC’s total supply.

Strategy’s Inclusion In S&P 500 Bullish For Bitcoin

In an X post published earlier today, seasoned crypto analyst Lark Davis predicted that Strategy could join the S&P 500 Index as early as this Friday. The firm’s addition to the benchmark index could unlock billions in inflows for both Strategy and Bitcoin.

According to CoinGecko data, Strategy currently holds 632,457 BTC on its balance sheet, valued at roughly $69 billion at current prices. The company’s total acquisition cost stands slightly above $46.5 billion.

For the uninitiated, the S&P 500 Index is a stock market index that tracks the performance of 500 of the largest publicly traded companies in the US, representing about 80% of total US market value. It is widely considered a benchmark for the overall health of the US economy and stock market.

To qualify for inclusion, companies must meet several requirements, including being US-based, having at least 12 months of trading history on a major US exchange, a market cap exceeding $22.7 billion, and at least 50% of shares publicly held.

Noted Wall Street analyst, Josh Man took to X, saying Strategy is already a part of the S&P 500 Index. He added that all that remains is an official announcement.

Strategy Reports Impressive Q2 2025 Results

Strategy delivered stellar Q2 2025 results despite a shaky macroeconomic backdrop. The company reported $14 billion in operating income, $10 billion in net income, and $114.5 million in total revenue during the quarter.

One of the key drivers was the company’s adoption of new fair-value accounting standards in January 2025. These accounting standards allow the company to recognize unrealized gains on its BTC holdings, boosting profitability as Bitcoin hit a new all-time high (ATH) of $124,128 on August 14.

That said, Strategy’s stock MSTR has been in a bit of a downturn of late. The stock is down more than 15% over the past month – trading at $334.75 in the after hours of August 29.

If Strategy is added to the S&P 500 Index, it would join Coinbase and Jack Dorsey’s Block as only the third major crypto-related firm in the coveted benchmark. At press time, BTC trades at $108,651, down 0.2% over the past 24 hours.

South Korean retail traders have continued to favor crypto-related stocks instead of high-profile US tech firms amid growing disappointment with companies like Tesla and the global push for digital assets.

Tesla Loses Ground, Bitmine Gains Momentum

On Monday, Bloomberg reported that Tesla stock has lost ground among South Korea’s retail investors, who ramped up their selling during August in favor of crypto-related equities.

According to the report, the electric carmaker company has seen a $1.8 billion exodus over the past four months, suggesting weakening enthusiasm among one of Tesla’s most loyal global retail investor bases.

A 33-year-old retail trader told the news media outlet that the company has been unable “to win people’s hearts” as it has “failed to lead with its own AI narrative.” The investor, who first bought the stock in 2019, sold out earlier this year to focus on equities that currently have more upside.

Bloomberg calculations of depository data revealed that while the company remains the top foreign stock among South Korean retail traders, individual investors sold approximately $657 million of Tesla stock in August, recording the company’s largest outflows since 2019.

In contrast, retail traders in South Korea favored more volatile bets in August, like crypto-related stocks. During this period, investors poured $253 million into Bitmine Immersion Technologies Inc., which is seen as a proxy for Ethereum (ETH).

As reported by Bitcoinist, South Korean investors purchased $259 million worth of Bitmine stock in July, Bloomberg previously highlighted. According to Korea Securities Depository data, this made the company the most purchased foreign security stock.

Korean Investors Pour Millions Into Crypto Stocks

Data from the Korean Center for International Finance (KCIF) showed that the percentage of crypto-linked equities in the top 50 net-bought stocks by local retail investors increased from 8.5% in January to 36.5% in June before dropping to 31.4% in July.

Citing a report from 10x Research, The Korea Times highlighted that individuals have purchased over $12 billion worth of crypto-related stock in 2025, with Bitmine, Circle Internet Group, and Coinbase leading the sector.

Retail investors’ buying spree reportedly intensified last month, as traders poured $426 million into Bitmine, $226 million into Circle, and $183 million into Coinbase. This marks a shift from the leading trend over the past few years, when Korean retail investors poured into US tech giants.

“Korean investors are pouring billions into crypto stocks, reshaping global flows in ways Wall Street can no longer ignore,” the report affirms. Adding that “the push has been amplified by U.S. and Korean stablecoin legislation, creating a powerful backdrop for this surge in capital.”

Amid the global push for digital assets regulation, the institutionalization of won-pegged stablecoins gained significant attention, with President Lee Jae-myung vowing to address it alongside the status of crypto-based exchange-traded funds (ETFs) during his electoral campaign.

Since then, multiple bills related to the issuance and distribution of KRW-pegged stablecoins have been introduced in South Korea’s National Assembly. Nonetheless, the industry has expressed concerns about the disconnect between the industry and South Korean regulators.

On September 1, the nominee for Financial Services Commission (FSC) Chairman Lee Won-eun stated that digital assets “differ from traditional financial products like deposits and securities in that they lack intrinsic value.”

In his written response to the National Assembly’s Political Affairs Committee, Lee also expressed a negative stance on specific policies related to cryptocurrencies, including whether to allow investment in virtual assets through pension and retirement accounts. This raised concerns among multiple industry players that a one-sided regulatory policy may continue.

On-chain data shows the 7-day average Bitcoin Hashrate has just set a new all-time high (ATH), despite the asset’s price still being down.

Bitcoin Hashrate Has Shot Up To New Highs Recently

The “Hashrate” refers to a Bitcoin metric that keeps track of the total amount of computing power that the miners as a whole have connected to the BTC network. Its value is measured in terms of hashes per second (H/s), or the more practical exahashes per second (EH/s).

When the indicator observes an increase, it means existing miners are in expansion mode and/or new validators are joining the blockchain. Such a trend implies BTC mining is appearing a profitable venture to this cohort.

On the other hand, the metric’s value going down implies some miners are pulling back on their power, likely because mining revenue is no longer justifying the electricity costs.

Now, here is a chart from Blockchain.com that shows the trend in the 7-day average value of the Bitcoin Hashrate over the past year:

As displayed in the above graph, the 7-day average Bitcoin Hashrate has witnessed a breakout recently and surged to fresh ATHs. For the last few months before this surge, the metric had been stuck inside a range, only setting records slightly higher than the last with each peak. With this breakout, it seems the network may finally have shoved off this phase of stagnation.

On Sunday, the indicator broke past the 1,000 EH/s milestone, taking it into the territory of a new unit: zettahashes per second (ZH/s). This unit involves 21 zeroes. Note that the daily value of the metric breached this mark some time ago, but this is the first time the 7-day average has done so.

Interestingly, the latest rise in the Hashrate has come despite the fact that the BTC price has been following a bearish trajectory. Miner revenue is directly correlated to the asset’s value, so these validators often expand or decommission according to the price trend.

With the Hashrate going against the price this time, it would appear the Bitcoin miners are making a bold bet that a reversal would occur for the cryptocurrency in the near future. It only remains to be seen whether the conviction will pay off.

Something that could slam the brakes in the miner expansion party is the upcoming Difficulty adjustment, which is currently estimated to raise the toughness of the miners’ job by more than 5%, according to CoinWarz.

Generally, miners who are already making a low amount of revenue get pushed to their limit when Difficulty increases occur, so the Hashrate tends to observe a pullback around them.

BTC Price

At the time of writing, Bitcoin is trading around $108,700, down 2% over the past week.

Metaplanet has added to its Bitcoin treasury once again, buying 1,009 BTC in a fresh transaction worth approximately $112 million. In doing so, the Japanese investment house now holds 20,000 BTC worth over $2 billion at current prices.

Aggressive Buying Over Recent Months

Reports indicate that Metaplanet has been accumulating Bitcoin at a quick rate. In August alone, the company acquired several high-profile deals: 463 BTC for $53.7 million, followed by 518 BTC for $61.4 million, and then another 775 BTC as part of one massive deal worth $93 million.

The latest 1,009 BTC purchase lifted its total holdings beyond the 18,888 BTC it previously disclosed.

The company has set its year-end target at 30,000 BTC, raising its goal after surpassing 10,000 Bitcoin earlier in the year.

To support this, Metaplanet has turned to international markets, securing $837 million in share offerings. Most of that capital has been earmarked for new Bitcoin buys scheduled for September and October.

Eric Trump’s Role In The Strategy

Metaplanet’s efforts are not only financial but also strategic on a global stage. Eric Trump, the second son of US President Donald Trump, was appointed as a strategic adviser to the board in March 2025.

Reports say he is expected to attend a shareholder meeting in Tokyo, where the firm will vote on new fundraising methods.

The agenda for the meeting includes potential approval for issuing up to 555 million preferred shares. If approved, the sale could bring in as much as 555 billion yen, or around $3.7 billion, to fuel more Bitcoin acquisitions.

The company had already announced plans last week to raise 130.3 billion yen ($880 million) through an overseas share offering.

Stock Performance And Market Position

Despite hitting a milestone, Metaplanet’s stock slipped by 4.5% on the same day as the announcement, according to Google Finance data.

Even so, the stock remains up 135% since the start of the year, suggesting that many investors still support the company’s direction.

With its current holdings, Metaplanet has now become the sixth-largest public Bitcoin treasury worldwide, passing Riot Platforms. Only a handful of corporations hold more, including Strategy and Marathon Digital.

The firm also reported a 31% Bitcoin yield from July to September 1. This measure reflects the percentage change in the ratio of Bitcoin holdings to fully diluted common shares, and it has been highlighted as a key performance indicator for the company.

Featured image from Unsplash, chart from TradingView

Justin Bons, founder and CIO of Cyber Capital, has ignited a fresh decentralization debate with a sweeping thesis that Solana’s economics and roadmap will propel it past Ethereum on virtually every decentralization metric over time. In an August 30 thread, Bons opens with the blunt contention that “Solana is destined to become the most decentralized blockchain,” arguing that decentralization, in practice, is financed by fee revenue generated at scale—not by keeping hardware requirements artificially low. “Decentralization ultimately comes from fees,” he writes, adding that without meaningful L1 scalability “Ethereum loses the game.”

Solana Destined For Decentralization Leadership?

Bons’s core claim rests on an explicitly economic model of security and governance. If useful blockspace generates fees and those fees fund validator economics, the network can support a broader, healthier operator set. In his telling, Solana is already on this trajectory, while Ethereum’s rollup-centric approach externalizes activity—and the fees that come with it—away from the base layer. “Fees are what will ultimately pay for the majority of security, scarcity & decentralization,” he asserts, positioning Solana’s aggressive L1 scaling as the path that sustains those flows on-chain rather than exporting them.

From there, Bons turns to the scoreboard he thinks matters. He juxtaposes the two networks’ Nakamoto Coefficients, claiming “ETH’s Nakamoto Coefficient is 2! SOL’s Nakamoto Coefficient is 19!”—a comparison designed to dramatize where, in his view, Ethereum’s staking market structure has drifted. He attributes the gap to Ethereum’s “decision not to implement native delegation,” which he says allowed one liquid-staking provider to “dominate staking instead.”

In governance terms, he draws the starkest possible contrast: “ETH has centralized governance! SOL has decentralized governance!” The rhetoric is intentionally provocative, but it is consistent with his broader thesis that decentralization is not purely a hardware or validator-count contest; it is an emergent property of fee-funded security, stake dispersion and stakeholder power.

A centerpiece of Bons’s argument is what he calls the “security budget.” He models it as a function of market capitalization, fee revenue and inflation, adjusted by staking participation and the attack threshold. By his math, Ethereum’s security budget stands at roughly $50.5 billion while Solana’s is about $25.3 billion, leading to his headline conclusion that “SOL price only needs to double to surpass ETH’s security budget.” The point is less the exact number than the direction: he believes Solana’s higher staking participation and L1-retained fees make it the more efficient security engine per dollar of market cap—hence his contention that Solana can overtake Ethereum’s security footing even at a smaller valuation.

That economic engine, in Bons’s view, is inseparable from Solana’s scaling strategy. He argues that the “ideal blockchain design” must balance node requirements with utility, because at sufficient scale utility produces the fee flows that, in turn, finance broader validator participation and stronger censorship resistance. Designs that fetishize ultra-low node requirements, he says, misread the problem: “The ‘ETH perspective’ represents an overly simplistic understanding of decentralization, where they think low node requirements = decentralization.” By contrast, he frames Solana’s path as the “middle way”—accepting higher node requirements to capture the utility-driven fees that then reinforce security and decentralization.

Solana Vs. Ethereum

Bons also devotes substantial attention to what he sees as Ethereum’s structural disadvantages. Because Ethereum “is not scaling its L1 meaningfully at all,” he contends, the network lets Layer-2s “take the majority of fees,” weakening the base layer’s security budget and ceding decentralization headroom in the long run. That design choice, he suggests, also shapes governance: by rejecting on-chain stakeholder governance at L1, Ethereum centralizes effective decision-making socially, whereas Solana—imperfect as it is—has “established” an on-chain governance social contract that can evolve alongside validator economics. “Is SOL perfect? Absolutely not,” he concedes, “however, it is still significantly better than ETH in the long run in every single way, including decentralization & utility!”

To underscore the primacy of scale in this framework, Bons reprises a refrain that has run through his research for years: “A blockchain that does not scale is a failure.” The line captures both his investment lens and the causal loop at the heart of his argument: throughput → usage → fees → validator P&L → stake dispersion → censorship resistance. If that loop compounds on L1, he says, Solana’s decentralization will outstrip Ethereum’s.

Bons’s quantitative comparisons extend beyond abstract models. He asserts that headline Ethereum validator counts are often misunderstood, because some advocates conflate 32-ETH validator keys with the number of “physical machines involved in block production.” He prefers to compare operator-level footprints and “real” validator infrastructure; under that lens he cites figures of “ETH has 8.8k validators” and “SOL has 1.1k validators,” noting that Ethereum’s advantage on this metric coexists with a market capitalization that is roughly five times larger. His takeaway is that raw validator counts, stripped of operator aggregation and economics, can be a misleading proxy for decentralization.

The thread culminates in a forward-looking claim: as Solana’s fee-funded security and governance mature, “SOL will eventually overtake ETH in all decentralization metrics.” He presents this as a consequence of divergent roadmaps rather than a culture war. With L1 scaling and fee capture, Solana can “flip” the composition of its security budget away from inflation and toward revenue, while Ethereum’s L2-heavy design leaves the base layer relatively underfunded by fees. In his words, “when the security budget finally flips, all non-scalable chains will have no legs left to stand on.”

At press time, SOL traded at $199.

The race to bring Solana exchange-traded funds (ETFs) to the U.S. market is gaining pace. Several leading asset managers have moved closer to launching Solana spot ETFs by submitting updated filings with regulators. The filings arrived at the same time as coordination and progress with the Securities and Exchange Commission (SEC), and the ETF issuers closely follow on the heels of recent XRP ETF filings.

Nate Geraci Highlights Clustered Solana ETF Filings

Nate Geraci, President of ETF Store, noted that issuers filed the S-1 amendments for Solana ETFs simultaneously. He highlighted that Canary, Franklin, VanEck, Grayscale, 21Shares, Fidelity, and Bitwise all submitted their updated paperwork. Geraci explained that the filings arriving in clusters likely mean that issuers are directly responding to specific requests from the Securities and Exchange Commission.

The response from ETF issuers shows that they are closely engaged with the regulator and working diligently to meet the requirements for a spot Solana ETF, with each filing update signaling progress rather than silence. It is usually a positive step because it demonstrates active dialogue, and to Geraci, each amended filing reflects progress, bringing Solana ETFs closer to possible approval.

With October deadlines approaching for several applications, the timing is essential. In response, issuers are submitting updated filings to demonstrate to regulators that they are ready to comply and move forward, while also providing investors with an early indication that Solana ETFs may be nearing SEC approval. 

XRP Filings Provide A Positive Signal For Solana ETFs

Geraci also compared the latest SOL moves with what happened last week around XRP ETFs. He pointed out that XRP issuers also resubmitted their S-1 registration forms in a similar cluster. This pattern of coordinated filings suggests that XRP and SOL are advancing through the same regulatory review stage.

The president of The ETF Store describes this as “a good sign.” When issuers update their paperwork simultaneously, it often means the regulator has provided feedback that applies across the board. The market observer views that type of progress as preferable to delays from the SEC.

The link between XRP and Solana is adding to the sense of momentum. Since ETF issuers filed spot XRP ETF applications just a week ago, SOL, following a similar path, shows a market that is moving in sync. Analysts believe this could mean that Solana ETFs may arrive sooner than expected, as October, the likely decision window, draws nearer.

Both XRP and Solana ETF issuers are making visible progress with regulators. The fact that filings are arriving in clusters shows strong coordination and active talks. As Geraci stressed, the developments mirroring last week’s XRP ETF filings are a positive signal for Solana ETFs approval, keeping investor attention firmly fixed on what happens next.

Ripple’s Chief Technology Officer (CTO), David Schwartz, has clarified for XRP and RLUSD holders the workings of Automated Market Maker (AMM) liquidity pools. Schwartz has explained how these pools balance assets, generate value, and offer new opportunities for holders to engage with the cryptocurrency while benefiting from shifts in market activity. 

AMM Liquidity Pools Explained For XRP And RLUSD Holders

AMM liquidity pools are increasingly becoming a key area of interest as XRP and RLUSD holders search for newer, smarter ways to leverage their assets. A recent post on X social media from a crypto member inquired about how these pools operate, prompting Schwartz to clarify the mechanics and benefits for users participating in them. 

Essentially, an AMM liquidity pool holds two assets, in this case XRP and RLUSD, in roughly equal value. It also issues liquidity tokens representing a proportional claim against the pool’s total assets. According to Schwartz, these tokens allow holders to benefit from the pool’s growth over time while providing liquidity for traders who want to exchange XRP and RLUSD. 

The Ripple CTO revealed that the mechanism behind the AMM liquidity pool ensures that it maintains balance regardless of XRP’s price fluctuations. For instance, if the value of XRP falls, the pool automatically converts RLUSD into XRP to equalize the values. Conversely, if XRP rises, the excess token is converted to RLUSD. 

Schwartz noted that this intricate balance is maintained through a value known as the “pool constant,” calculated by multiplying the number of XRP and RLUSD in the pool and dividing by the total liquidity tokens issued. He further explained that the pool is designed to increase this constant over time, which theoretically could steadily boost the value of each liquidity token, even during periods of volatility in XRP. In other words, RLUSD and XRP holders who participate in the pool may see their assets appreciate over time, offering a potential advantage beyond simply holding the tokens. 

Notably, the Ripple CTO emphasized that liquidity tokens can also gain value from transaction fees collected when other traders use the pool to exchange XRP for RLUSD, providing another potential source of profit for token holders. While the assets remain exposed to fluctuations in XRP’s market price, these effects are generally less pronounced than just holding the cryptocurrency. 

Liquidity Provider Concerns And Profit Distribution 

Despite the advantages, some crypto community members have raised concerns about how AMM liquidity pools distribute profits. One crypto member asked whether transaction fees generated by the pool could be segregated and accumulated in RLUSD to generate more stable, predictable returns for Liquidity Providers (LP). 

Schwartz responded, explaining that Ripple’s current pool design assumes that liquidity providers primarily want to hold XRP long-term and profit from its price swings. As a result, profits are directly tied to XRP’s market movements, meaning a decline could reduce the value of LP tokens and accumulated fees and vice versa.