Ethereum and notable L2s:

Ethereum Mainnet:

ETH Foundation proposes sale of 10,000 $ETH for R&D

ICO whale stakes 150,000 $ETH, reinforcing confidence in Ethereum’s Proof-of-Stake

Stablecoin inflows of $6.7B, supporting predictions of ETH reaching $5,000 with ETF growth and policy shifts

SharpLink exploring staking a portion of its $3.6B ETH treasury on Linea (CEO statement)

Layer 2:

Kinto:

Token crashed 80%+ after announcing plans to wind down its Ethereum L2 chain by Sept 30, following a $1.6M hack and failed fundraising

Starknet: 

Second major mainnet outage in 2 months → transactions frozen for 2h 44m

Polygon: 

Integrated USDT₀ and XAUt₀ — Tether’s omnichain versions of USDT and gold-backed XAUT

Morph:

Bitget × Morph Partnership: 440M $BGB (team’s full holdings) transferred to @MorphLayer:

  • 220M burned

  • 220M locked, with 2% monthly release

Kraken Layer 2: INK

  • Cat on Ink: dropping Meowboard Season 2

  • Squid on Ink: unveiling the Inky Squad NFT Collection

  • Andru Krollor: launching the BOI NFT Collection

  • Shellies: introducing the first raffle platform on Ink

Base

  • Stabull Finance has expanded to Base:

    Stabull Finance has expanded to Base, marking its third supported chain for stablecoin and RWA trading, leveraging Base's secure, low-cost infrastructure and offchain price oracles to enable efficient swaps between supported assets.

  • Spiko is adding support for Base

    Spiko is adding support for Base, bringing Spiko’s U.S. and E.U. T-Bills Money Market Funds, the world’s first tokenized UCITS funds, onto the network."

  • Base app launches in-feed trading

    Base app launches in-feed trading - trade directly from social feeds without app switching

  • Base announces Blueprint Cohort 3 funding 10 creators for onchain content expansion

    Blueprint is funding 10 creators and showing them how to create onchain, with applications for Cohort 3 now open.

  • Rarible has officially integrated Base into RaribleFUN

    Rarible officially integrates Base on RaribleFUN platform with creator-focused drops

  • Virtuals Introducing the Agent Liquidity Engine (ALE)

    Virtuals introduces the Agent Liquidity Engine (ALE), enabling agents to prove product strength, revenue, and long-term commitment.

  • B3 launches first gaming chain on XRPL EVM sidechain

    B3 and XRPL Commons debut the first AppChain gaming experience, enabling users to play games, earn, and bring real-world utility to $XRP

  • Bario teams up with Mr. Miggles and PurrLabs

    Bario teams up with Mr. Miggles and PurrLabs to infuse cats into Bario, unlocking new games, creator tools, and off-screen culture that defines the new internet's entertainment layer.

  • Retro Shrimp has joined the HYTOPIA Creator Fund

    HYTOPIA partners with Roblox's Retro Shrimp for Hyper Ball Arena, boosting the Creator Fund with billion-play expertise.

  • Juicy adventure gears up for the juiciest game drop on Base

    Juicy Adventure, powered by Grampus and set to launch on Base, announced that players need an Iskra account and a Shooter NFT to participate in the game's debut battle.

Solana

  1. Solana hits new ATH - $135B market cap

  • Solana continues to break records, reaching a $135B market cap - a new ATH 

  • $SOL remains the 5th largest crypto by market value

  1. Institutional & Investment Flows

  • Forward Industries Raises $1.65B Solana DAT Fund
    Forward Industries announced a $1.65B Decentralized Asset Trust (DAT) fund on Solana — one of the largest in the market, backed by Galaxy Digital, Jump Crypto, and Multicoin, reinforcing Solana’s position with traditional investors.

  • DefiDevCorp Receives 44,370 SOL ($9.6M) from Kraken
    Institutional accumulation continues as DefiDevCorp secured a 44,370 SOL transfer (~$9.6M) from Kraken.

  1. DeFi Ecosystem

  • Solana DeFi TVL Hits New All-Time High at $12.2B
    Solana’s DeFi ecosystem continues strong momentum, reaching a record $12.2B in total value locked (TVL).

  • PumpSwap Surges to Become Solana’s Leading DEX
    PumpSwap, powered by Pumpdotfun, recorded a daily trading volume of $878M — surpassing well-known DEXs such as Meteora and Raydium.

  • Jup Lend Onchain Deposits Hit $1.11B in Market Size
    Just two weeks after launch, Jup Lend’s onchain data shows deposits reaching a market size of $1.11B.

  1. Real-World Assets (RWA)

  • Agridex Cracks $9M in Agricultural Trading Volume
    Agridex has processed over $9M in stablecoin-powered agricultural trades across Africa.
    Its latest deal: a $1.5M grain and fertilizer trade across Zimbabwe, Mozambique, and South Africa — all settled instantly in USDC.

  1. Gaming & Consumer Apps

  • Pokémon TCG Protocols Hit $2M Weekly Revenue ATH
    Pokémon TCG activity is booming on Solana as weekly revenue from TCG protocols hit an all-time high of $2M.
    Phygitals led the surge for the first time, generating $1.29M in revenue.

  1. Infrastructure & Interoperability

  • deBridge Connects Solana to $90B in Liquidity
    deBridge has enabled Solana to access $90B in liquidity from Tron, allowing near-instant cross-chain transfers between the two ecosystems.

BNB Chain

  • BNB Chain Annual Awards 2025 Winners Announced. Link

    BNB Chain's fifth-anniversary celebrations highlighted community-voted winners: MYX Finance (Best Perpetual DEX), Superp (competitive perpetuals), PancakeSwap (decentralized trading leader), and Lorenzo Protocol (innovative Bitcoin LSTs on BNB Chain).

  • BNB Chain released Real World Assets Map  Link

    BNB Chain offers a comprehensive RWA ecosystem, supporting compliant issuance, secondary liquidity, and DeFi utility, making it a strong choice for projects scaling from proof-of-concept to production.

  • Holdstation's DeFutures launches on BNB Chain Link

    Holdstation's DeFutures, a perpetual DEX on BNB Chain, enables 100x leverage trading of tokenized stocks, crypto, and commodities in a $USD1 economy.

  • Venus Protocol returns $11 million in crypto to phishing victim Link

    According to Venus, the platform took less than 12 hours to identify the issue, pause operations, and recover the funds.

Bitcoin Ecosystems

  • Stacks will remove sBTC cap on September 16th. Link

    This enables seamless Bitcoin inflows and outflows on Stacks, establishing sBTC as open, accessible liquidity for users, developers, and institutions.

  • Spark x MagicEden. Link

    Spark and MagicEden introduce SparkPad, the premier platform for launching Bitcoin tokens on Spark.

  • LBTC reached 1300 total supply on Sui. Link

    Lombard's LBTC on the Sui chain has exceeded 1,300 BTC, with a TVL surpassing $140 million. BTC assets now account for 30% of Sui's total TVL.

  • New BTCFi opportunities on BOB powered by Solv Link

    Solv introduces BTCFi opportunities on BOB with BTC+ and SolvBTC.JUP. These institutional-grade vaults offer multiple yield sources, points multiplier and one-click access.

HyperLiquid

  • Hyperliquid and the "USDH War" – A big moment in DeFi: Hyperliquid's planned stablecoin USDH has sparked a fierce "bidding war" among issuers like Paxos, Ethena, Frax, and Sky. Link

  • Hyperliquid Airdrop Season 2 Speculation: Speculation is heating up for Hyperliquid's $HYPE Airdrop Season 2, with 39% of the token supply reserved for community rewards amid growing HyperEVM activity. Link

  • Market Cap/ Revenue Comparison of Top Protocols and Chains: Hyperliquid has racked up $1.3 billion in profits over the past year, boasting a market cap-to-revenue ratio of just 10.13x—far below rivals like Ethereum (2,421x) and Solana (2,008x). Link

Monad

  • Top Monad Ecosystem Projects Driving Recent User Buzz: The Monad ecosystem is buzzing with innovative projects even pre-mainnet, from DeFi heavyweights like Curvance and Narwhal Finance to prediction markets such as Kizzy and Zona. Link

  • Fundraising Activities within the Monad Ecosystem: Despite no mainnet launch yet, Monad's ecosystem has exploded with over $330M in funding across 15+ projects. Link

Keep Reading

No posts found