Express News | Golden Evening Post | Key Developments on the Night of September 7
12:00-21:00 Keywords: Circle, UBS Group, Strategy, Ministry of Industry and Information Technology 1. The People's Bank of China increased its gold holdings for the 22nd consecutive month. 2. Circle issued approximately 3 billion USDC on the Solana chain in the past 24 hours. 3. Arthur Hayes released the FLOP Yellow Paper, proposing a full airdrop of tokens. 4. UBS Group: Expects the Federal Reserve to raise interest rates by 25 basis points each in September and December 2026. 5. Solana will increase the single transaction size limit to 4,096 bytes, expanding capacity by more than threefold. 6. Strategy ranked fourth among U.S. equity issuers in 2026 with an equity issuance volume of $20.9 billion. 7. Ministry of Industry and Information Technology: Orderly deploy intelligent computing clusters with 10,000, 100,000, or more cards, and intensify efforts to adapt to domestic computing chips.
Solana to Triple Transaction Size as Apps Get Room for More Complex Trades
A Transaction v1 feature activates Wednesday, allowing complex proofs and large multisig operations to fit in one transaction while forcing services that read Solana to update.
New York Fed Analyzes Global Dollar Reserves: Dollar Share Declines, but 'De-dollarization' Narrative Is Overstated
According to research by the Federal Reserve Bank of New York, the decline in the U.S. dollar's share of foreign exchange reserves does not reflect a broad-based shift away from the currency, but rather the actions of a limited number of reserve managers.
Live Updates: Bitcoin Holds $79,000 as Hike Odds Climb, Zcash Runs 45% in a Week
August payrolls came in three times above forecast and pushed September hike odds toward 58%. Equities sold it and crypto has not.
Useless Coin Lives Up to Its Name, Then Beats More Useful Dogecoin And Shiba Inu Anyway With a 230% Weekly Surge
A token, interestingly named Useless Coin (USELESS), soared in value last week, outperforming several established meme tokens.Useless Turns Out to be 'Useful'The Solana (CRYPTO: SOL)-based community-
Express News | Raydium announces that LaunchLab now supports the free creation of trading pairs for any token.
On September 7, Raydium, a decentralized exchange (DEX) in the Solana ecosystem, officially announced that LaunchLab now supports trading pairs for any token on Raydium. This upgrade introduces flexible trading pair mechanisms directly into the Solana ecosystem, offering deeper liquidity, lower fees, and a market environment more conducive to meme coin trading.
Express News | Fomo co-founder spent approximately $89,000 to purchase BOOGLE #041
On September 7, the Solana NFT project BOOGLE announced on Twitter that Se Yong, co-founder of Fomo, acquired BOGLE #041 through an over-the-counter transaction for 850 SOL, valued at approximately $89,000.
Dash Beat Bitcoin, Ethereum and Solana Last Week and Sprang to Take Place in Top 3 Gainers: Here's the Coin on the Top
The cryptocurrency market grew last week, but lesser-known, lower-cap tokens outperformed the blue-chip heavyweights. The Table TopperArbitrum (CRYPTO: ARB), the native token of the Ethereum (CRYPTO:
Crypto investment heavyweight who achieved 1,000-fold returns makes major portfolio adjustment: sells Solana and shifts to a heavy position in Bitcoin
Mark Yusko, Founder and Chief Investment Officer of Morgan Creek Capital Management, stated that he has reduced most of his Solana holdings, while the proportion of Bitcoin-related holdings has surged.
Weekly inflows into Solana ETFs plummeted by 97%, CME short positions decreased, and capital flowed into Bitcoin.
As of September 4, weekly net inflows into Solana ETFs plummeted by 97%, with only a handful of products like BSOL attracting any traction. CME data shows that net short positions on SOL have
The Debate on Blockchain Business Models: Tenant or Landlord?
Free does not necessarily mean beneficial.
Express News | Solana's DEX trading volume exceeded $1.96 billion in the past 24 hours.
On September 6, according to DefiLlama data, Solana's DEX trading volume surpassed $1.96 billion over the past 24 hours, overtaking BNB Chain ($1.64 billion) and Robinhood Chain ($1.61 billion) to reclaim the top spot.
Express News | Bitwise: Bitcoin’s correlation with gold rises to highest level since 2020, while correlation with U.S. equities falls to one-year low
André Dragosch, Head of European Research at Bitwise, stated in a post that the 90-day rolling correlation between Bitcoin and gold has risen to its highest level since 2020, while its correlation with the Nasdaq-100 Index has dropped to a one-year low. Meanwhile, Bitcoin continues to exhibit a significant negative correlation with the U.S. Dollar Index. In August, U.S. long-term Treasury yields rose, prompting Treasury Secretary Bessent to intervene in the market by expanding long-term Treasury repurchase operations. Subsequently, Bitcoin surged 22.4% in a single week, marking its largest weekly gain since March 2024; gold rose approximately 5% over the same period, while equities declined. The last time Bitcoin’s correlation with gold reached similar highs was following the implementation of fiscal and monetary stimulus by governments during the pandemic in 2020. Although Bitcoin and gold remain distinct assets, investors are increasingly inclined to hold both as hedges amid rising macroeconomic pressures and currency devaluation risks, with Bitcoin recently behaving more like gold with amplified volatility. If this correlation trend persists, Bitcoin may enter larger capital pools dominated by central banks, sovereign entities, and asset allocators, facing potential repricing.
Bitcoin’s Golden Lineage Awakens: This Could Mark the Start of the Largest Bull Market in BTC History
What we are witnessing now is likely just the beginning of a major bull market.
August Surge: Capital is paying an "additional premium" for leading crypto treasury companies
Capital is assigning an additional capital market premium to certain DATs. This premium comprises beta exposure from rising token prices, amplification through financing leverage, enhanced returns from staking, and the speculative potential of ecosystem narratives.
Express News | BNB Chain Director of Growth: Public blockchains need to find sustainable business models
On September 6, Nina Rong, Executive Director of Growth at BNB Chain, commented on the debate between Arbitrum founder Steven Goldfeder and Solana co-founder Toly regarding the Robinhood Chain fee model, emphasizing that further reducing gas fees is no longer the top priority for the blockchain industry. The true priority for all public blockchains today is to identify sustainable business models and reinvest revenues into technology and growth. Such business models may include gas fees, revenue sharing, or other forms of commercial collaboration. Over the past five years, blockchain foundations have largely been perceived as focusing on two activities: issuing grants and making investments, and lowering gas fees. To remain viable for the next five years, blockchain companies must establish robust business structures.
Express News | Arbitrum and Solana co-founders debate Robinhood's chain fee model and underlying network selection
On September 6, Arbitrum founder Steven Goldfeder and Solana co-founder Toly engaged in a debate over the fee model of Robinhood Chain. Toly stated that the 10% revenue share paid by Robinhood Chain to Arbitrum is sufficient to cover four times the on-chain transaction fees on Solana, implying that user gas fees could be significantly reduced if deployed on Solana. In response, Goldfeder noted that under the Arbitrum architecture, Robinhood can retain approximately 90% of gas revenues, explaining that the choice of Arbitrum was intended to "be the landlord, not the tenant." Toly countered that Robinhood could charge fees at the application front-end while utilizing a lower-cost underlying network; however, Goldfeder argued that a significant volume of on-chain activity does not pass through the Robinhood front-end, and as a mere "tenant" of the underlying network, Robinhood would be unable to capture revenue generated from these peripheral activities.
Express News | Golden Midday Report | Key Developments as of September 5
7:00-12:00 Keywords: Anthropic, BitMEX, Solana 1. Anthropic is expected to publicly file its IPO prospectus by the end of September; 2. BitMEX co-founder Ben Delo has donated approximately $10.8 million to the UK Reform Party; 3. Robinhood CEO: Tokenization will bring the advantages of U.S. capital markets to the global stage; 4. Solana co-founder: Robinhood can achieve a fully gas-free experience on Solana; 5. Tom Lee’s ETF significantly increased its holdings in MSTR over two weeks, making it the largest holding; 6. The New Jersey Attorney General has petitioned the U.S. Supreme Court to review whether Kalshi violates gambling laws; 7. Arbitrum clarified: The Robinhood Chain did not experience an outage yesterday; only batch publication delays occurred.
Express News | Solana Co-founder: Robinhood Can Offer a Fully Gas-Free Experience on Solana
On September 5, Anatoly Yakovenko (toly), co-founder of Solana, commented while reposting news that the average transaction fee on Robinhood Chain had risen to approximately $0.40. He stated that the 10% revenue share Robinhood pays to Arbitrum is already sufficient to cover four times the transaction costs required on Solana, thereby enabling a fully gas-free experience for users.
Weekly trading volume nears RMB 3 billion but retention stands at only 5%: Are tokenized stocks becoming a liquidity black hole on-chain?
The Grayscale report reveals that Robinhood, BNB, and Solana dominate tokenized stock trading, with weekly spot volumes approaching $3 billion. Despite rapid growth, only 5% of capital is allocated to on-chain finance, and the lack of regulatory oversight hinders their effectiveness as collateral.