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Advances 6% on ETF Anticipation, Treasury Purchase

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Oracle network Chainlink’s (LINK) native token surged 6% over the past 24 hours crossing $24.5 on Thursday as crypto prices climbed higher with altcoins outperforming.

The price action happened as large-cap altcoins led crypto markets higher in anticipation that spot-based ETFs could hit the market soon with the SEC approving general listing standards.

That could include Chainlink’s LINK, too, with several applications filed earlier this year and LINK futures being traded on U.S.-regulated exchanges like Coinbase Derivatives.

Caliber (CWD), a public wealth management firm that adopted a Chainlink treasury reserve asset initiative, said on Thursday it bought $6.5 million worth of tokens as part of its digital asset strategy.

The Chainlink Reserve also purchased on Thursday another 43,000 LINK ($1.05 million) as part of the initiative to buy tokens using revenue from protocol integrations and services, similar to public companies’ share buyback programs.

Since August, the reserve has accumulated a total of 323,116 tokens, worth $7.9 million, data shows.

Technical Analysis

The technical indicators underscore LINK’s gaining momentum, according to CoinDesk’s Research’s technical analysis data.

  • Robust support established at $22.82 with high-volume confirmation of 5.56 million units, significantly surpassing the 24-hour average of 1.48 million.
  • Multiple resistance levels breached including $24.16 and $24.42, demonstrating sustained purchasing pressure.
  • Ascending low formations throughout the recovery phase indicating consistent upward momentum.



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BNB Chain Record
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BNB Chain hits record monthly users as on-chain activity explodes

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Summary

  • BNB Chain reached 51.6 million monthly active addresses on Sept. 17, with fees and revenue up more than 23% in the past month.
  • The surge comes as Binance founder Changpeng Zhao plans a $1 billion BNB Treasury Company to support top institutional projects.
  • The BNB token hit $1,000 on Sept. 18, amid speculation about Zhao’s possible return to Binance.

BNB Chain saw record activity with 51.6 million monthly addresses alongside rising revenue over the past month. BNB hit $1,000 as Zhao outlined plans for a $1 billion Treasury Company, fueling rumors about his return to Binance.

BNB Chain, the blockchain behind Binance‘s native token (BNB), reached a new milestone on Sept. 17, when monthly active addresses hit 51.9 million, surpassing a previous all-time high recorded in September 2024, according to Token Terminal data.

BNB Chain’s active users monthly | Source: Token Terminal

The surge in activity comes alongside growth in network metrics, as over the past 30 days, fees collected on the chain reached $13.2 million, a more than 24% jump compared with the previous period, while revenue reached $1.4 million, up 23%, indicating that more users are interacting with the network.

BNB Chain’s transaction count weekly | Source: Token Terminal

By transaction count, BNB Chain also keeps reinforcing its position in the top three layer 1 networks, according to Token Terminal. While Internet Computer leads with 412.2 billion transactions, Solana follows it at 354.5 billion, and BNB Chain with the transaction count at 9.2 billion.

As of September, the network supports over 1,095 projects across sectors, including DeFi, gaming, and NFTs, with the total value locked in in BNB Chain standing at $7.68 billion, still down around 65% from 2021’s peak.

Speaking with crypto.news, Marwan Kawadri, DeFi lead and head of EMEA at BNB Chain, attributed the growth to a big user base of 4 million daily active users and more than 625 million unique addresses, as well as deep global liquidity with more than $11 billion in TVL and stablecoin circulation.

Kawadri added that the team is now aiming to reach a “CEX-like experience” so that transactions “will be confirmed in under 150 milliseconds.”

“Overall, BNB Chain is targeting to become a settlement layer and financial infrastructure for all assets, it will not be specifically limited to any particular trading scenario. The direction and initial form of this chain are still continuously evolving, and we will explore and build this together with the community.”

Marwan Kawadri

The growth in on-chain activity coincides with a rise in BNB’s market value as the token recently hit a new all-time high of $962. Part of this momentum seems to be tied to announcements from Binance founder Changpeng Zhao, who outlined plans for the upcoming BNB Treasury Company in an interview with Leon Lu, founder of B Strategy.

As crypto.news reported earlier, Zhao described BNB as a “true utility coin,” highlighting its multi-chain compatibility and its use across trading discounts, yield generation, launch pools, launchpads, and the Binance Alpha ecosystem. He also emphasized BNB’s role across both centralized and decentralized platforms, including cross-border payments and dApps worldwide, noting that the ecosystem has untapped potential in regions such as Southeast Asia, Europe, the Middle East, and Africa.

Back as CEO

The planned BNB Treasury Company is expected to raise $1 billion with backing from YZi Labs. Zhao said the initiative will target institutional demand, focusing support on strong, well-positioned projects. “We’ve been approached by probably more than 50 companies for BNB specifically…we will only do that to a very small number of DAT companies. Basically, the very top, strong ones,” Zhao said in the podcast.

Speculation about Zhao’s possible return to Binance has also grown. On Sept. 17, the Binance founder updated his X profile, changing it from “ex-@binance” back to “@binance.” Zhao stepped down as CEO nearly two years ago following a $4.3 billion settlement with the U.S. Department of Justice in November 2023 over anti-money laundering violations.

Reports also suggest that the DOJ may soon lift compliance restrictions on Binance, which has fueled rumors about his potential return, though Zhao has stated he does not plan to resume the CEO role.

Data from crypto.news shows BNB hit an all-time high of $1,000 on Sept. 18, setting a new historical milestone for the BNB Chain ecosystem. As of press time, the token is up 3.7% in the past 24 hours, trading around $989, and it has risen over 10% over the past week.



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Brera Holdings Rebrands As “Solmate” After $300M Solana Deal
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Brera Holdings Rebrands as “Solmate” After $300M Solana Deal

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Brera Holdings, a Nasdaq-listed sports ownership group with football clubs in Italy and across Europe, is rebranding as Solmate after raising $300 million through an oversubscribed private investment in public equity (PIPE). The company, which saw its stock price surge over 225% on the news, will pivot its core business to a digital asset treasury and infrastructure provider focused on the Solana (SOL) ecosystem.

According to the announcement on Thursday, the financing was supported by UAE-based Pulsar Group, ARK Invest, RockawayX, and the Solana Foundation.

Now, Solmate will not only focus on sport but also on building digital asset treasury based on Solana (SOL). In short, the firm will start collecting and staking SOL while setting up validator operations in Abu Dhabi. 

A validator secures the network and earns rewards, and Solmate plans to run bare-metal servers in the UAE to offer better performance than typical setups. The firm also said may list its shares on a UAE exchange while keeping its Nasdaq spot

Marco Santori, who was formerly the Chief Legal Officer at Kraken and a partner at Pantera Capital, has been appointed as the new Chief Executive Officer of Solmate. 

“Our stakeholders have deep, long-term conviction in the Solana ecosystem and will demand that we accumulate SOL through bull markets and bear markets alike,” Santori said in the release. He added that Solmate will build “real crypto infrastructure in the UAE” as part of its strategy.

Today, Wall Street found its Solmate.

Solmate is brand new Solana infrastructure for the UAE.

I’ll be its CEO.

Aligned with the Foundation and backed UAE investors, Solmate will have unparalleled access to capital and will supercharge SOL-per-share growth for its… pic.twitter.com/mk2zaPfRm5

— Marco Santori (@msantoriESQ) September 18, 2025

The new board of Solmate will also include well-known economist Arthur Laffer, who invented the Laffer Curve and received the Presidential Medal of Freedom, along with RockawayX CEO Viktor Fischer. 

Two board seats have also been reserved for representatives from the Solana Foundation. Laffer said that “sound money has been the foundation of strong economies” and called digital assets a positive step forward in monetary history. Fischer added that he believes Solana will be “the dominant blockchain network for capital markets”

Meanwhile, Brera will continue to run its existing sports clubs, while putting its main focus on crypto. Moreover, this is coming at a time where the Solana’s interest from institutions is increasing. Investors like Galaxy Digital and Forward Industries making billion-dollar level purchases.

Also Read: Plasma To Launch Mainnet Beta With $2B Stablecoins





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Critical Chrome Exploit Could Drain Your Crypto, CTO of French Hardware Wallet Giant Warns
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Critical Chrome Exploit Could Drain Your Crypto, CTO of French Hardware Wallet Giant Warns

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Charles Guillemet, chief technology officer at Ledger, has issued a security warning about a major Chrome vulnerability that could potentially allow hackers to drain one’s crypto wallet. 

The “Type Confusion” bug, which was recently discovered by security researchers, makes it possible for bad actors to run malicious code by treating one type of data as another. It has been found within V8, the engine that executes JavaScript and WebAssembly. 

Simply visiting a malicious website could make it possible for attackers to steal highly sensitive data, including private keys, seed phrases, or wallet files.

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Hence, Guillemet is not recommending storing any sensitive data locally. 

Google’s urgent response 

Within just 48 hours of the critical vulnerability being detected, Google swiftly moved to publish an emergency update. Chrome users have to make sure that they are using the fixed version (140.0.7339.185). 

It is worth noting that all Chromium-based web browsers have been affected, including Brave, Opera, and Vivaldi. 



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Are Pure Play BTC Miners Going to Reprice Like AI/HPC Miners?
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Are Pure Play BTC Miners Going to Reprice Like AI/HPC Miners?

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Pure-play bitcoin BTC$117,664.92 mining stocks are waking up from their slumber after lagging behind those pivoting to the red-hot data center business.

Pure-play miners such as MARA Holdings (MARA) and CleanSpark (CLSK) surged 10% and 17% on Thursday, leading gains among the CoinShares Bitcoin Mining ETF members.

There are two key factors that may be driving the sharp gains.

The first is the idea that investors could be front-running expectations of a strong year-end for bitcoin, a period that has historically delivered some of its most bullish returns. BTC is climbing towards $118,000 following the Federal Reserve’s interest rate cut, up 2.2% on Thursday and trading only 5% below its all-time high.

With sentiment improving, miners with significant BTC stash on the balance sheet could be leveraged plays on bitcoin’s potential rally to new records. MARA and CleanSpark remain the sector’s largest BTC holders with 52,477 ($6.2 billion) and 12,703 ($1.5 billion) tokens, respectively. Strategy (MSTR), the world’s largest corporate owner of BTC, is up 7% as well today.

The second driver could be investors rotating profits from stocks in high-performance computing (HPC) and artificial intelligence (AI), which have enjoyed outsized gains over the past months. Iren Energy (IREN), Cipher Mining (CIFR), and Bitfarms (BITF) have all surged, with Bitfarms up 150% in September alone, IREN gaining over 600% since April and CIFR advancing 500% during the same period. However, to reinforce the rotation thesis, CIFR is down 7% and IREN has slipped 4% on Thursday.



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Solana
GameFi Guides

Solana And XRP Join CME Group’s Expanding Futures Options Roster In 2025 – Details

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Solana (SOL) and XRP have shown remarkable performance, not just in terms of price, but interest in their futures market has also been sharply rising in this bull cycle. Given the notable performance of their futures market and interest, crucial tools are currently being created to optimize and capture opportunities in the ecosystem.

CME Unveils Solana And XRP Futures Options

In the ongoing cycle, Solana and XRP futures are receiving more attention in the derivatives market, indicating that both institutional and retail traders are becoming more interested. These assets are becoming more prominent alongside Bitcoin and Ethereum in futures trading as liquidity increases and open interest grows.

Amid the rising adoption, Chicago Mercantile Exchange (CME Group), one of the world’s largest derivatives exchanges, has expressed its robust interest in the two leading assets. Specifically, the firm is expanding its crypto offerings with the planned launch of options on Solana and XRP futures.

The action indicates that institutional demand for exposure to digital assets besides Bitcoin and Ethereum is increasing. According to the report, the initiative is still pending regulatory approval and is expected to be unveiled on October 13, 2025.

Giovanni Vicioso, CME Group Global Head of Cryptocurrency Products, speaking on the move, stated that the introduction of these options contracts builds on the company’s suite of Solana and XRP futures’ notable expansion and rising liquidity. 

CME Group’s launch of these new products will give clients the ability to trade options on SOL, Micro SOL, XRP, and Micro XRP futures. Once trading begins, expiries will be made available every day of the business week, every month, and every quarter of the year.

It is worth noting that these contracts will be available in two different sizes. By introducing new trading instruments tied to Solana and XRP, the CME Group aims to provide investors with improved flexibility in risk management and seizing opportunities. The firm will be partnering with FalconX to enhance market efficiency and increase derivatives liquidity for its clients.

Notable Futures Contracts Created On The Platform

While options trading is still in the works, the Solana and XRP futures suite from CME Group has grown to be among the business’s most rapidly embraced futures offerings. In the report, the firm highlighted that more than 540,000 SOL futures contracts valued at $22.3 billion have traded since it was introduced on March 17. 

As of August 2025, the average daily volume (ADV) of SOL futures monthly reached 9,000 contracts, valued at $437.4 million in notional. Meanwhile, the average daily open interest (ADOI) reached 12,500 contracts, valued at $895 million in notional.

Such growth has also been observed with its XRP futures, recording more than 370,000 XRP futures contracts worth $16 billion in notional value since launch on May 19. At the same time, the XRP futures saw a record ADOI of 9,300 contracts valued at $942 million in notional value, and a record monthly ADV reached over 6,600 contracts worth $385 million in notional value.

SOL trading at $245 on the 1D chart | Source: SOLUSDT on Tradingview.com

Featured image from Medium, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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GameFi Guides

XRP Climbs as First US Spot ETF Sees Serious Demand

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In brief

  • The first American spot ETF giving exposure to XRP debuted on Thursday.
  • Bloomberg analyst Eric Balchunas was surprised at the size of the Rex-Osprey XRP ETF’s initial trading volume.
  • The price of XRP has risen over the last day, and Myriad users believe it’ll keep climbing to a new high of $4.

The price of XRP rose on Thursday after investors rushed into the first U.S. exchange-traded spot fund to give exposure to the coin. 

The price of XRP coin recently stood at $3.11 after rising about 2% over a 24-hour period, according to crypto data provider CoinGecko. The asset—the third-largest cryptocurrency in the ecosystem—is about 15% below its July all-time high mark of $3.65.

Its rise comes following Thursday’s debut of the Rex-Osprey XRP ETF by financial institutions Rex Shares and Osprey Funds. The fund is the first to give investors exposure to the Ripple-linked asset, and has already received close to $25 million in trading volume after just 90 minutes of trading.

SEMI-SHOCK: Rex XRP ETF $XRPP is already at $24m in volume. That is way more than I would have thought. For context it’s 5x more than any of the XRP futures ETFs did on Day One and it’s only been 90min. pic.twitter.com/DKIDD6noZF

— Eric Balchunas (@EricBalchunas) September 18, 2025

Bloomberg Senior ETF Analyst Eric Balchunas said on X that he was in “semi-shock” at the volume, which was vastly more than XRP futures ETFs saw in initial trading.

“That is way more than I would have thought,” he added. “For context, it’s 5x more than any of the XRP futures ETFs did on day one and it’s only been 90 minutes.”



XRP was created by the founders of fintech Ripple, and is the native token of the XRP Ledger blockchain. Its network is aimed at institutions or banks that wish to move money quickly. 

The Rex-Osprey XRP ETF comes the same day the first ever Dogecoin ETF hits U.S. markets, also by Rex-Osprey: the DOJE ETF. 

DOJE has also had a blistering debut and the price of the meme coin has surged on the ETF’s trading. Balchunas also said Thursday that DOJE attracted nearly $6 million in trading volume in the first hour of trading, which he said “destroyed” his expectation of $2.5 million for the day.

Both ETFs are different to the Bitcoin and Ethereum ETFs that hit the market last year in the U.S. The altcoin ETFs offer investors exposure to Dogecoin and XRP via a subsidiary registered in the Cayman Islands that is wholly owned and controlled by the fund.

Rex-Osprey launched the funds via the Investment Company Act of 1940, rather than the Securities Act of 1933 like those aforementioned spot funds. We may see more ETFs for both altcoins and many others soon, however, following a Wednesday SEC order that created generic listing standards for commodity-based funds.

While there’s still room to climb for XRP to hit a new all-time high price, Myriad users believe that it’s more likely to rise and hit a price of $4—a new all-time high—than to fall to $2. Some 60% of users believe it’s headed to $4, with odds growing over the last two weeks.

(Disclaimer: Myriad is a product of DASTAN, Decrypt’s parent company.)

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Aster price rising
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Here’s why the Aster price is rallying today and what next

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Aster price jumped by more than 360% on Sept. 18 after its airdrop and a mention by Binance’s Changpeng Zhao.

Summary

  • Aster price went parabolic after launching its airdrop.
  • The rally continued after being mentioned by Changpeng Zhao.
  • Data shows that it volume and total value locked soared.

Aster (ASTER), formerly known as APX jumped to $0.72, with its market cap jumping to over $1.16 billion. The fully diluted valuation soared to $5.6 billion. 

Aster price jumps after airdrop and as its key metrics soar

The main reason Aster’s price soared is that it launched its airdrop, which will run until October 17. This airdrop will distribute approximately 704 million tokens, or 8.8% of the total allocation, to eligible participants.

Eligible participants are those who earned Rh or Au points from the Aster Spectra Stage 0 and 1 points program, users who received Aster Gems allocations, and those who traded on Aster Pro during the trading window. Binance’s founder was among the first to congratulate the developers.

Aster price also jumped because of its strong fundamentals. Data compiled by DeFi Llama shows that its perpetual futures platform has handled over $12 billion in volume this month. It handled $9.78 billion in volume in August and $8.5 billion in July.

Another metric indicates that its trading activity has generated $8.82 million in fees so far this quarter, significantly higher than the $1.8 million it earned in the same period last year. Revenue has jumped from just $11,660 in Q3 2024 to $5.4 million today.

Aster’s total value locked has reached a record high of $1.85 billion, up from $141 million in January.

Aster total value locked | Source: TradingView

Will the Aster Coin price rally continue

Aster’s price has jumped sharply after its token generation event and CZ’s mention. This rally could continue as new cryptocurrency exchanges start to list it, as it is currently only available on Aster. It is common for newly minted coins to rise after being listed by major exchanges.

However, the coin will likely take a breather as airdrop recipients start to sell to preserve profits. Many newly listed tokens that jump initially often decline when this happens.

For example, Donald Trump’s World Liberty Finance (WLFI) and Official Trump (TRUMP) tokens soared initially and then plunged. The same happened with other recently launched tokens like Spark and Avantis.



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Ngp Protocol Hit By $2M Exploit, Funds Sent To Tornado Cash
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NGP Protocol Hit by $2M Exploit, Funds Sent to Tornado Cash

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New Gold Protocol (NGP), a decentralized finance (DeFi) project built on the BNB Chain, became the latest target of a sophisticated exploit on Wednesday. The attacker drained nearly $2 million worth of assets from the project’s liquidity pool before moving the stolen funds through Tornado Cash, making them nearly impossible to trace.

How the exploit happened?

According to Web3 security firm Blockaid, the attacker zeroed in on NGP’s smart contract vulnerability within its getPrice() function. This function works out the price of NGP tokens by simply looking at the reserves in its Uniswap V2 pool.

Blockaid explained that relying on a single decentralized exchange (DEX) pool for price data left the protocol exposed. “A spot price from a single DEX pool is insecure because an attacker can easily and dramatically manipulate the pool’s reserves within a single atomic transaction using a flash loan,” the firm said.

The exploit began when the attacker initiated a flash loan, temporarily borrowing a large number of tokens. They then executed a swap to manipulate the mainPair pool, which boosted the USDT reserve while draining NGP tokens. This trick made the getPrice() function show a much lower token value than it really was. 

With the system fooled, the attacker slipped past the contract’s transaction limits and managed to buy a huge amount of NGP tokens at a cheap, manipulated price.

Aftermath of the hack

Once the tokens were drained, the attacker quickly swapped them into Ethereum and pushed the funds through Tornado Cash, the Ethereum mixer often linked to hacks. Once the hacker pushed the money through Tornado Cash, the trail went cold. That means the money trail is basically gone, and getting the funds back is next to impossible.

Word of the hack got around quickly and put the DeFi community on edge. NGP’s token price crashed within hours, and investors were left unsettled. So far, NGP has not laid out any plan on how it will recover the stolen money or compensate users who lost out.

Bigger lessons for DeFi

The NGP exploit is another reminder of how dangerous it is for protocols to depend on a single-price source. Flash loans, which allow attackers to borrow and use large sums in one go, continue to be a major tool in these kinds of attacks. 

Experts believe projects should focus on building safer systems by using more than one price feed, carrying out regular audits, and adding stronger protections to their contracts.

For now, the $2 million loss is another entry in the long list of DeFi hacks that have happened this year. Recently, DeFi platform Nemo Protocol on Sui revealed that its $2.6M exploit on September 7, 2025 stemmed from unaudited code pushed to mainnet via a single-signature upgrade. Hackers exploited a public flash loan function and faulty query to mint tokens and drain the SY/PT pool.

It shows once again that, in this space, security is still the weakest point, for both builders and investors. 

Also Read: Radiant Hacker Moves $26.7 Million in Stolen Funds to Ethereum



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