Weekly Ecosystem Updates (October 20th - October 26th)

Common XYZ Protocol Airdrop (Points Farming): Link

To join the Common XYZ Protocol Airdrop, visit the website, connect your wallet, and create a username with your email. Complete quests to earn up to 100 Aura Points weekly, join or create communities, and even launch your own token on Base. Invite friends to earn extra rewards from their trades and swaps. Keep farming until the snapshot - tokens will be claimable at TGE.

Ethereum L2 Solutions Face Tough Questions from Yakovenko: Link

Ethereum’s Vitalik Buterin says Layer-2s inherit Ethereum’s security, while Solana’s Anatoly Yakovenko argues they remain vulnerable due to complex code and centralization risks. There are now 129 verified Ethereum L2s with over $35B TVL.

X402 on BNB Chain: Link

X402 is now live on BNB Chain thanks to builders like Unibase, AEON, Pieverse and Termix AI

$BNB 33rd quarterly burn complete: Link

The total amount of BNB burned in the latest quarterly event reached 1,441,281.413 BNB, with an approximate USD value at the time of the burn of around $1.208 billion.

Opinion Labs leaderboard goes live: Link

Launched exclusively on BNB Chain on Monday, Opinion’s total volume has already surpassed $200M.

Four.meme X account suspended: Link

Four have promptly contacted X’s official support and are actively working on resolving the issue.

Solana founder Anatoly Yakovenko is building a new perp DEX called Percolator: Link
Solana founder Anatoly Yakovenko is building a new perp DEX called Percolator. He said it’s just an experiment using Claude AI to test ideas - exploring whether a prop AMM-style competition for perps could work through a DEX with a single memory slab for LP risk + matching and a router for rebalancing.

The first SEC-approved Solana ETF Link

Hong Kong approves Asia’s first Solana ETF:  Link

The Hong Kong SFC has officially approved the spot $SOL ETF, issued by ChinaAMC and set to trade on OSL Exchange.

JupiterExchange first-ever Prediction Market is now LIVE (Beta):  Link

Jupiter’s first ever Prediction Market is now LIVE (in beta). Powered by Kalshi liquidity, users can now trade on real-world events directly on Solana

Fidelity makes $SOL accessible for all US brokerage customers:  Link
Fidelity, the asset manager with $5.8 Trillion in AUM, makes SOL accessible for all US brokerage customers

Solana Foundation unveiled “Launch” along with Kora and CommerceKit:  Link
Introducing Launch on Solana, Kora, and CommerceKit. New open source Solana tools to help you get to market even faster.

Bitcoin liquidity is flowing into Solana Link

$YBTC.B is now live on Solana. Bitlayer brings Bitcoin liquidity to Solana through a fully verified #Bitlayer-Solana bridge, powered by #BitVM

Jiuzi Holdings strategic Bitcoin partnership with Solv. Link

Bitcoin assets held by Jiuzi or its subsidiaries will be deposited into the Solv platform under custody by regulated third parties designated by the company.

Sparksat Chrome extension removal:. Link

Users who haven’t backed up their mnemonic phrase are advised to do so immediately and uninstall the extension.

BOB  #1 in Bitcoin DeFi Total Value Locked:  Link

BOB’s Total Value Locked reached $266M with the new integration of River.

Core activated the Hermes Hardfork network upgrade on testnet: Link

The Hermes Hardfork brings fast finality, enhanced validator operations, advanced dev tools, & commission support for CORE & BTC Staking.

Coinbase stock surges after JPMorgan upgrade on Base, USDC potential: Link

JPMorgan sees Coinbase unlocking billions through its Base layer-2 network and USDC rewards overhaul, lifting its price target and fueling a sharp stock rally.

Ethereum and Base are the #1 and #2 chains founders choose to build on:  Link

A16zcrypto ranked Ethereum and Base as the #1 and #2 chains founders choose to build on in their State of Crypto 2025 report.

Coinbase acquired Echo:  Link

Coinbase has acquired Echo, the leading onchain capital-raising platform.The move connects builders with community capital, opens new investment opportunities, and advances Coinbase’s mission to expand economic freedom globally.

Coinbase introduces Payments MCP: Link

Coinbase introduces Payments MCP, enabling AI agents like Claude, Gemini, and ChatGPT to access onchain financial tools with no API keys needed.

Base is building private transactions:  Link

Coinbase Ventures backed CoinDCX, targeting over 100M users across India and the Middle East.

Coinbase officially launches its Coinbase One Card in the US: Link
Coinbase officially launches its Coinbase One Card in the US, powered by American Express, with up to 4% Bitcoin back on every purchase.

Beyond is integrating with Base:  Link
Beyond is integrating with Base - unlocking true Bitcoin interoperability for the growing Base ecosystem. Users will soon be able to move BTC, LSTs, and Bitcoin tokens (Runes, BRC-2.0) seamlessly between Bitcoin and Base.

S&P Global Ratings comes to Base:  Link
S&P Global Ratings is now on Base via Chainlink, bringing stablecoin risk assessments directly onchain. DeFi apps can now display S&P’s ratings to users before they borrow or lend, adding a new layer of transparency and trust.

Limitless has raised $10M in a Seed Round: Link
Limitless the largest prediction market on Base - has raised $10M in a Seed Round led by  1confirmation, with backing from Coinbase Ventures, DCG, Arrington Capital, F-Prime, Flyer One Ventures, SID Venture Partners.

Daylight raised $75M to build a decentralized energy network: Link
Daylight has raised $75M to build a decentralized energy network - powering the world’s most vital commodity: electricity. The funding accelerates their mission to create a grid that’s more affordable, reliable, and abundant than ever before

$HYPE Token Now Tradable on Robinhood - Link

The $HYPE token has officially launched on Robinhood, making it accessible to millions of retail users via the app's intuitive interface. This marks a significant step toward mainstream adoption, with promotional banners already live in the app showcasing $HYPE as a "new asset."

Hyperliquid Strategies Inc. Files S-1 with SEC for $1B Raise - Link

Hyperliquid Strategies Inc., a treasury firm centered on the Hyperliquid ecosystem, submitted a Form S-1 registration to the U.S. SEC. The filing enables a public equity offering of up to 160 million shares, targeting up to $1 billion in capital.

$KNTQ Tokenomics Officially Released - Link

Full tokenomics for $KNTQ (tied to Kinetiq) are now public, ahead of the genesis event. Participants must accept foundation terms at kinetiq-foundation.org/terms by November 21, 2025 (20:00 UTC) to qualify. Allocation: 30% protocol growth/rewards, 25% genesis (1% Hypurr holders, 24% kPoints holders), 4% liquidity, 7.5% investors (1-yr cliff + 2-yr vesting), 10% foundation, 23.5% core contributors (same vesting).

Hybra Finance NFT Mint Announcement - Link

Hybra Finance launched "The Hybra Ascendants" NFT collection, emphasizing fair distribution to loyal Hyperliquid users via loyalty metrics, badges, and roles.