๐ง Kaiko Research: As professional market makers and algorithmic traders pulled liquidity to mitigate risk, Binanceโs spot market became the source of a temporary but severe deviation from the broader market.
Because Binance priced the collateral for some of its derivatives products off of its spot market the local dislocation directly affected collateral valuations and margin positions.
Because Binance priced the collateral for some of its derivatives products off of its spot market the local dislocation directly affected collateral valuations and margin positions.
๐จ๐ณ๐ฅ๐บ๐ธ #tradewars Trump: We are in a trade war with China
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๐ #BTC Swissblock: Bitcoin has retested $110K twice in 24h, turning it into a real tug-of-war between bulls and bears.
So far, bulls are holding structure, but fresh demand is fading: momentum is defensive, not expansive.
The cost basis zone at $114.5Kโ$116K is the stress point.
For now, itโs reconstruction mode, not expansion โ bears test conviction, bulls defend structure.
So far, bulls are holding structure, but fresh demand is fading: momentum is defensive, not expansive.
The cost basis zone at $114.5Kโ$116K is the stress point.
For now, itโs reconstruction mode, not expansion โ bears test conviction, bulls defend structure.
๐ฐ Top 10 Chains by Fees: Oct 2024 vs Oct 2025
Blockchain fee dynamics shifted dramatically over the past year, showing which networks adapted, and which lagged:
#HYPE Hyperliquid: Fees soared 1,600% ($2.4M โ $41M) after HIP-3 enabled permissionless perpetuals and fee cuts drove record trading volume.
#BNB BNB Chain: Jumped 977% ($3M โ $32.3M) amid the ongoing memecoin season.
Base: Rose 317% ($767K โ $3.2M), driven by rapid user growth.
#BTC Bitcoin: Fees collapsed 73% ($11.4M โ $3.1M) as Ordinals and Runes activity faded, slashing on-chain use and miner revenue.
#ETH Ethereum: Dropped 48% ($42.1M โ $21.6M) as users moved to faster, and lower-cost L2s.
#SOL Solana: Declined 34% ($10M โ $6.6M) as memes cooled off.
Blockchain fee dynamics shifted dramatically over the past year, showing which networks adapted, and which lagged:
#HYPE Hyperliquid: Fees soared 1,600% ($2.4M โ $41M) after HIP-3 enabled permissionless perpetuals and fee cuts drove record trading volume.
#BNB BNB Chain: Jumped 977% ($3M โ $32.3M) amid the ongoing memecoin season.
Base: Rose 317% ($767K โ $3.2M), driven by rapid user growth.
#BTC Bitcoin: Fees collapsed 73% ($11.4M โ $3.1M) as Ordinals and Runes activity faded, slashing on-chain use and miner revenue.
#ETH Ethereum: Dropped 48% ($42.1M โ $21.6M) as users moved to faster, and lower-cost L2s.
#SOL Solana: Declined 34% ($10M โ $6.6M) as memes cooled off.
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๐๐ #RWA Sentora: This chart shows how RWA value is currently distributed. Private credit leads at $17.5B, and US Treasuries are a sizable $8.3B.
๐จโ๐ป #ETH tops the charts as the โ1 ecosystem for new developers in 2025, according to Electric Capital.
From January to September 2025, Ethereum attracted 16,181 new developers & Solana was right behind with 11,534 new devs.
#SOLโs growth has been driven largely by its high-performance DeFi and consumer app activity.
Solana and Ethereum price correlation sits at 0.96, which means investor sentiment and market flows are nearly identical across both ecosystems.
From January to September 2025, Ethereum attracted 16,181 new developers & Solana was right behind with 11,534 new devs.
#SOLโs growth has been driven largely by its high-performance DeFi and consumer app activity.
Solana and Ethereum price correlation sits at 0.96, which means investor sentiment and market flows are nearly identical across both ecosystems.
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๐ฐ๐ท #BNB Binance completes acquisition of Gopax, paving the way for a return to South Korea. theblock.co
๐บ๐ธ #RWA SEC Chairman Atkins said at the DC Fintech Week conference that cryptocurrencies and tokenization are the "number one job" for the SEC. theblock.co
๐ Santiment: the most discussed tokens on social media:
- #PYUSD - since mistakenly minted 300 trillion PYUSD;
- #ETH - large Ethereum Foundation deposits to DeFi vaults, institutional supply and demand dynamics, price forecasts, and ETF inflows surpassing Bitcoin;
- #BTC - due to extensive discussions about BTC's market dominance, its comparison to altcoins and gold, and its perceived value as safe money versus speculative assets;
- #MON - upcoming airdrop.
- #PYUSD - since mistakenly minted 300 trillion PYUSD;
- #ETH - large Ethereum Foundation deposits to DeFi vaults, institutional supply and demand dynamics, price forecasts, and ETF inflows surpassing Bitcoin;
- #BTC - due to extensive discussions about BTC's market dominance, its comparison to altcoins and gold, and its perceived value as safe money versus speculative assets;
- #MON - upcoming airdrop.
๐๐ณ Whale Transactions:
1. In the last 7 hours, 3 new wallets, likely Bitmine, have received 104,336 ETH ($417 million) from Kraken and BitGo.
Despite the market crash, Bitmine founder still predicts #ETH will reach $10,000 by the end of the year.
2. LAB bought back >20.9 million #LAB ($2.35 million) on Binance Alpha, Bitget, and PancakeSwap in the last 30 hours;
3. a new wallet has #LINK for ~$17M from Binance.
1. In the last 7 hours, 3 new wallets, likely Bitmine, have received 104,336 ETH ($417 million) from Kraken and BitGo.
Despite the market crash, Bitmine founder still predicts #ETH will reach $10,000 by the end of the year.
2. LAB bought back >20.9 million #LAB ($2.35 million) on Binance Alpha, Bitget, and PancakeSwap in the last 30 hours;
3. a new wallet has #LINK for ~$17M from Binance.