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Builds

TikTok baker Lara Cakes stands next to a life-sized sculpture of Rumi from KPDH that she made out of sponge cake.
Esports

TikToker Jessica Lowe builds glowing Kpop demon hunters costume for Netflix

by admin October 3, 2025



TikTok creator Jessica Lowe has crafted a detailed Halloween costume inspired by Netflix’s Kpop Demon Hunters, turning the project into a family affair with her 12-year-old daughter.

Released back in June 2025, Kpop Demon Hunters is a Netflix animated film about a group of idol performers who double as demon fighters.

In a video posted to TikTok, costume maker Jessica Lowe revealed that she was challenged by Netflix to recreate Derpy the Tiger, a character from the movie.

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Crafter reveals KPop Demon Hunters Halloween costume

The costume was built using upholstery foam, faux fur, polymer clay for the nose, and a mix of cardboard and foam clay for the teeth. She added spray paint and rubber spray for finishing touches, while acrylic markers were used to detail spots on the chest.

The project included glowing LED eyes, a removable mini hat, and even a companion character named Sussy with its own light-up features. Lowe explained that she learned new crafting techniques during the process, including bending acrylic at home, and used community advice like razors and buzzers for shaping fur.

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What’s coolest about the costume is the fact that the wearer can move Derpy’s eyes and tongue, making it equal parts cool and creepy.

Her daughter tested the costume and said it was easy to move in, while Lowe noted that the glowing eyes will either appear magical or terrifying to kids on Halloween night.

Lowe isn’t the first TikTok creative to go viral with a KPDH creation, either. LaraCakes gained attention back in September for her life-sized cake recreation of Rumi, one of the other main characters.

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October 3, 2025 0 comments
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A fan-made Millennium Falcon flies over a planet in No Man's Sky.
Game Updates

15 Amazing No Man’s Sky Ship Builds You Have To See

by admin October 2, 2025


No Man’s Sky continues to impress with its regular updates, and the most recent one was surely one of the most eventful. That’s because it allows players to build massive ships of their own design, with fully explorable interiors, resulting in some epic ships their creators are sharing across the internet.

If you frequent NMS spaces online, you’ve likely seen some of these. But whether you’re a regular spacefarer or it’s been some time since you’ve taken a look at Hello Games’ vast and ever-improving galaxy, I invite you to have a gander at some of the most impressive ship builds out there.

From Star Wars to The Matrix, five awesome recreations of famous ships

Give folks the ability to make stuff in a video game and you’ll quickly see recreations of beloved people, places, or things from TV shows, film, and other games. In No Man’s Sky, that mostly means ships, and there are tons of excellent recreations of famous ships out there in the NMS galaxy. Here are five standouts.

John_Dog_’s Millennium Falcon from Star Wars

It was hard to not just fill this list up with Star Wars recreations. Though it required a bit of glitching to make happen, this Falcon is one of the most accurate I’ve seen.

Own–Astronomer-1296’s Sea Duck from Duck Tales

Maybe this one technically belongs in the collection of sillier ships you’ll find below, but given how ships can now land on water, there’s a satisfying fusion of form and function in this Duck Tales recreation.

Due_Willow_137’s Pyramid ship from Destiny 2

No, this is not a screenshot from Destiny 2, though it sure as hell looks like one.

solidsharkey’s Eagle 5 from Space Balls

Having spent countless weeks traveling and living out of a van myself, I’ve often dreamed of having my own Eagle 5 to just cruise space with.

AcoupleofIrishfolk’s Nebuchadnezzar from The Matrix

While the exterior design of this recreation of Morpheus’ ship from The Matrix looks sick, it’s the faithfully recreated interior, complete with screens and cables running everywhere, that really sold this build for me.

Five sick original ship builds

It’s wild how flexible NMS’ shipbuilding system is. I’ve particularly enjoyed seeing builds that deliver on aesthetics not normally found in Hello Games’ otherwise kinda cartoony presentation.

Barbed-Wire’s ‘Lived-in’ corvette

Maybe I just have a thing for living out of vehicles? I’d call this place home.

schmacobinc’s ‘Biblically Accurate’ corvette

This one caught my eye immediately. And it’s a fantastic example of the wacky and weird shit you can kitbash together in NMS.

Leteramma’s ‘Trash Ship’

There are plenty of OG ship creations that look fit for the cover of some space opera novel. And this “Trash Ship” looks like it has a story all to itself.

Beckhaver’s ‘Mini Salve Outrider with Trailer’

I love the simplicity and originality of this two-part build. It uses some fancier build techniques to pull off, but it looks so worth it.

Lopsided_Wealth_7968’s ‘Desert Hovercraft’

A sick-looking spacecraft with outdoor seating for some scenic views? The sandworms won’t catch you here (I hope).

Five…creative ship builds

Folks will always recreate cool things and come up with wild designs of their own…but then, well, then there’s everything else. Enjoy the silliness.

AcoupleofIrishfolk’s interstellar Clippy

He’s probably just as annoying in space as he is in a word processor.

murderwastheface’s starside Slayer performance

Slayer is far from my favorite metal band (I saw them live with Primus a few years ago and Primus was so much better), but I appreciate the creativity.

Huzbubber_Tim’s forklift corvette

Maybe this belongs in the recreation category as it looks like a more capable version of the driveable forklift from Halo Reach.

AcoupleofIrishfolk’s Thomas the Tank Engine

Obligatory.

Due_Willow_137’s ‘Larry the Lobster’

I can’t tell if this is an SNL or a Spongebob reference. Either way, it’s a sick build.

Whether you opt to rely on straightforward shipcrafting or you mix in a little bit of glitching, NMS’ ship- and corvette-building tools offer some really wild options for the impassioned virtual space mechanic. I’m sure this won’t be the only time I’ll be compelled to round up some highlights.



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October 2, 2025 0 comments
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Decrypt logo
NFT Gaming

Caltech Builds World’s Largest Neutral-Atom Quantum Computer

by admin September 29, 2025



In brief

  • Caltech trapped 6,100 cesium atoms as qubits, the largest neutral-atom quantum system to date.
  • Qubits stayed coherent for 13 seconds with 99.98% operational accuracy, defying scaling trade-offs.
  • The team moved atoms across the array while keeping them in superposition.

Caltech physicists have created the largest neutral-atom quantum computer to date, trapping 6,100 cesium atoms as qubits in a single array. The result, published in Nature on Thursday, represents a significant increase over previous arrays, which contained only hundreds of qubits.

Researchers scaled their system from the hundreds of qubits typical in past experiments to more than 6,000, while maintaining stability and precision at levels needed for practical machines.

The team said it achieved coherence times of about 13 seconds—nearly 10 times longer than past experiments—while performing single-qubit operations with 99.98% accuracy.

A qubit, or quantum bit, is the fundamental unit of information in a quantum computer. Unlike a classical bit—which can be either a 0 or 1—a qubit can exist in a superposition of both states at once, allowing it to perform many calculations in parallel. The challenge is keeping that delicate state stable long enough to run computations.

That stability is called “coherence,” and it’s constantly threatened by noise, heat, or stray electromagnetic fields. The longer a qubit remains coherent, the more complex and reliable the operations a quantum processor can perform before errors creep in.

“This is an exciting moment for neutral-atom quantum computing,” Caltech professor of physics and principal investigator on the project, Manuel Endres, said in a statement. “We can now see a pathway to large error-corrected quantum computers. The building blocks are in place.”



However, according to Caltech graduate student Elie Bataille, who worked on the project, the amount of time is only one factor in the quantum process.

“What you need is a very long coherence time compared to the duration of your operations,” Bataille told Decrypt. “If your operations are one microsecond and you have a second of coherence time, that means you can do about a million operations.”

Scaling without sacrificing fidelity

The researchers used “optical tweezers,” which are highly focused beams of light, to grab and position individual atoms. By splitting a single laser into 12,000 of these tiny light traps, they were able to hold 6,100 atoms steady inside a vacuum chamber.

“If you use a laser at the right wavelength, you can make the light attractive for the atom, creating a trap,” Bataille said. “If you confine your beam of light to a very small dot, about a micrometer, you can attract and trap many atoms.”

The team showed they could move atoms around within the array without breaking their fragile quantum state, known as superposition. That ability to shift qubits while keeping them stable could make it easier to correct errors in future quantum computers.

Neutral-atom quantum systems are gaining attention as viable competitors to superconducting circuits and trapped-ion platforms. One of their unique advantages is physical reconfigurability: atoms can be rearranged during a computation using mobile optical traps, which gives dynamic connectivity that rigid hardware topologies struggle to match. So far, most neutral‐atom arrays have contained only hundreds of qubits, making Caltech’s 6,100-qubit milestone a major step forward.

A global race

The result arrives as companies and labs worldwide scale up quantum machines. IBM has pledged a 100,000-qubit superconducting computer by 2033, while firms like IonQ and QuEra are developing ion-trap and neutral-atom approaches. Colorado-based Quantinuum aims to deliver a fully fault-tolerant quantum computer by 2029.

The next milestone is demonstrating error correction at scale, which will require encoding logical qubits from thousands of physical ones. That is critical if quantum computers are to solve practical problems in chemistry, materials, and beyond.

“A traditional computer makes one error every 10 to 17 operations,” Bataille said. “A quantum computer is nowhere near that accurate, and we don’t expect to reach that level with hardware only.”

The Caltech team plans to link qubits through entanglement, a necessary step for running full-scale quantum computations.

While Caltech’s 6,100-qubit array does not yet deliver a practical quantum computer, by combining scale, accuracy, and coherence in one system, it sets a new benchmark and strengthens the case for neutral atoms as a leading platform in quantum computing.

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September 29, 2025 0 comments
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PayPal logo on iphone screen (Marques Thomas/Unsplash)
Crypto Trends

Robinhood Builds on Private Equity Token Push With New Venture Capital Fund

by admin September 15, 2025



Robinhood (HOOD) is moving deeper into private markets with a new venture capital fund designed to give everyday investors access to companies before they go public.

The company has filed with the Securities and Exchange Commission (SEC) an initial registration statement to launch Robinhood Ventures Fund I (RVI), a closed-end investment vehicle that aims to buy stakes in private companies that are leaders in their industries.

The fund, managed by a newly formed subsidiary called Robinhood Ventures, would be traded on the New York Stock Exchange, pending regulatory approval.

Robinhood faced criticism earlier this year after it announced that it was offering users in the European Union access to private equity tokens.

The company opened access to these tokens through tokenized shares in OpenAI and SpaceX, while also launching its own layer-2 blockchain network for users in the European Union to have access to tokenized publicly traded U.S. stocks.

At the time, the company was forced to explain that its private equity tokens were held by a special purpose vehicle, after OpenAI warned that the tokens did not represent equity in the firm. Still, the company is pushing forward with offering private equity access to retail investors.

“For decades, wealthy people and institutions have invested in private companies while retail investors have been unfairly locked out,” Robinhood Chairman and CEO Vlad Tenev said.

Robinhood pointed out that the number of public companies in the U.S. has dropped by nearly half since 2000, while the private market has ballooned to over $10 trillion in estimated value, according to Federal Reserve data.

If approved, Robinhood Ventures Fund I would invest in a small basket of private companies across various industries and hold them through IPO and beyond. Shares would be available to buy and sell through traditional brokerages.

Robinhood shares are down 1.4% in today’s trading session to $113.39.



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September 15, 2025 0 comments
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Kart Rumble eyes $200k milestone as early momentum builds
GameFi Guides

Kart Rumble eyes $200k milestone as early momentum builds

by admin September 15, 2025



Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Kart Rumble is blending meme culture, adaptive AI gameplay, and blockchain ownership to reshape the web3 gaming and presale landscape.

Summary

  • Kart Rumble is a web3 racing game with meme characters like Doge, Shiba, and Pepe.
  • Built on Polygon with plans to move to Supernets, it integrates NFTs for racers, karts, and tracks with full marketplace trading.
  • The presale has already raised over $100,000, supported by an affiliate program that offers high rewards for community growth.

As the crypto market gains momentum heading into 2025, there’s a new wave of projects focusing on usability, entertainment, and long-term community growth. 

Among these emerging players is Kart Rumble (RBT), a web3 racing game that combines meme culture with dynamic AI gameplay and an organized presale approach catching the eye of investors.

Rethinking memecoins through gameplay

For a long time, meme tokens have relied on virality and community energy. This is where Kart Rumble takes that same foundation and layers it with a functional product, a playable kart racing game featuring the most recognized meme characters in crypto today, including Doge, Shiba, Pepe, Floki, and DogWithHat.

But this is no traditonal play-to-earn path, Kart Rumble is focused on delivering a player challenge experience powered by the inhouse Rumble AI, the project’s proprietary adaptive AI engine. 

Based on the players skill base and behavior Rumble AI will adjust difficulty in real time offering a more dynamic and skill-based experience than typical arcade games.

Built on Polygon, with a clear upgrade path

RBT is currently being developed on the Polygon blockchain, with plans to transition to Polygon Supernets as soon as user demand scales. This gives Kart Rumble the benefits of low-cost, high-speed transactions while offering the flexibility to evolve its infrastructure over time.

Kart Rumble also integrates on chain elements like:

  • NFTs for racers, karts, and tracks
  • A hybrid model that combines blockchain ownership with off-chain game performance
  • Players can trade, buy, or sell on the marketplace items tied to their progress in-game

Interested investors can buy RBT today.

Strong early traction in presale

Kart Rumble is currently in a Multistage presale structure, with each stage offering a different price point. This is designed to reward early adopters with better entry prices, while providing a clear and transparent model as the community continues to grow.

Without major influencers or viral campaigns, Kart Rumble quietly surpassed $100,000 raised in the first 7 days. Momentum has continued to build, with investors sharing the project organically across Telegram, Discord, and all social platforms.

Affiliate-driven growth model

Kart Rumbles’ unique affiliate system has taken the community by storm, showing a new way of customer acquisition. Participants can earn up to 50% commission on referred token sales. The top-performing affiliates are eligible for real-world rewards, including high-end prizes like a luxury car, a premium watch, and a $50,000 cash bonus.

This model not only supports project growth, but also encourages community members to play an active role in its expansion and  a structure that could prove sustainable if scaled carefully.

Looking ahead: Roadmap and development plans

According to the team’s published roadmap, Kart Rumble is aiming to:

  • Transition its engine from Unity to Unreal Engine for enhanced visuals
  • Add multiplayer functionality post-launch
  • Develop user-generated track features similar to sandbox-style games
  • Introduce monetization via sponsorships, tournaments, and creative collaborations

There is also interest in offering Rumble AI as a standalone product, potentially licensing it to other games or simulations in the future.

Final thoughts

Kart Rumble is taking a grounded approach, while most crypto projects promise innovation with all smoke and no fire. The project starts with a playable demo coming soon and clear tokenomics, with a transparent presale model. It remains early in its journey, however, the combination of Rumble AI-driven gameplay, meme familiarity, and community-centric incentives makes it one of the more unique launches this year.

Those interested in learning more can explore the project at KartRumble.io.

Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.



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September 15, 2025 0 comments
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(CoinDesk Data)
NFT Gaming

Dogecoin Builds Higher Lows While Resistance Holds

by admin September 8, 2025



Dogecoin posted a controlled rise within a tight intraday band, with buyers repeatedly defending the $0.213–$0.214 area and sellers leaning into the $0.220–$0.221 zone. Momentum improved on rebounds where volume rose above session norms, but late momentum fades kept price pinned just below resistance into the close.

News Background

  • No confirmed catalyst headlines drove the move. The session was dominated by order-flow dynamics around $0.21 support and $0.22 resistance.
  • Prior references to “all-time highs,” ETF filings, or treasury announcements were removed due to lack of verification. This readout focuses strictly on observable price and volume behavior.
  • Broader meme-coin flows were mixed, with rotation evident intraday but no sector-wide breakout confirmed by closing strength.

Price Action Summary

  • Traded a ~$0.008–$0.010 range, roughly 3–4% swing, with lows near $0.213–$0.214 and highs probing $0.220–$0.221.
  • The steepest leg lower came mid-session toward $0.213, where buying stepped in quickly, producing a V-style rebound.
  • Rebound attempts stalled beneath $0.22, with multiple rejections clustering in the $0.220–$0.221 band.
  • Closing hour showed fading momentum, leaving price stabilized just under resistance and preserving the intraday higher-low structure.

Technical Analysis

  • Support: $0.213–$0.214 is the intraday demand zone. A sustained break below exposes $0.210–$0.212 and then $0.205.
  • Resistance: $0.220–$0.221 remains the immediate ceiling. Above that, reference levels sit at $0.224–$0.226 and $0.230.
  • Momentum: RSI holding around the mid-50s reflects a neutral-to-bullish bias without overextension.
  • MACD: Histogram is converging toward a potential bullish crossover, consistent with accumulation on dips rather than chase buying.
  • Pattern: Ongoing sideways consolidation under $0.22. A clean break and hold above $0.221 on expanding volume would confirm continuation; failure keeps the chop intact.
  • Volume profile: Reversal bounces printed relative volume outperformance, while tests into resistance saw participation fade, signaling the need for stronger sponsorship to break through.

What Traders Are Watching

  • Can DOGE close above $0.221 with volume expansion. A decisive daily close through resistance would validate a shift from range-bound trade to continuation, opening $0.224–$0.226 first, then $0.230. Repeated failures invite mean-reversion back toward $0.214.
  • Depth and absorption at $0.213–$0.214. Persistent resting bids and quick reclaim behavior support the bull case. Thinner books or slower rebounds would warn that dip demand is weakening.
  • Quality of the breakout if it occurs. Traders will look for higher highs and higher lows on intraday frames, shrinking wicks at highs, and rising participation rather than a single spike that reverses.
  • Derivatives posture. Funding, open interest, and long-short skew should confirm spot strength. Rising OI with stable funding is healthier than a crowded long build with premium that invites squeezes.
  • Correlation to BTC and meme-sector breadth. A BTC push through nearby resistance or broader meme-coin confirmation often improves follow-through. Divergence would temper upside expectations.



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September 8, 2025 0 comments
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A bundle of blue fiber optic cables.
Gaming Gear

Microsoft-backed research team builds hollow-core cable with lowest signal loss recorded in optical fiber

by admin September 3, 2025



A Microsoft-backed research team from Lumenisity (a spinout of the University of Southampton Optoelectronics Research Center) has built a hollow-core cable with what it claims is the lowest signal loss ever recorded in any optical fiber. Published in Nature Photonics on Sept. 1, the team claims to have achieved 0.091 dB/km at 1,550nm using a design known as double nested antiresonant nodeless fiber (DNANF).

This figure undercuts the ~0.14 dB/km floor of today’s best silica fibers — and that number hasn’t meaningfully improved since the 1980s. According to the researcherrs, this is “one of the most noteworthy improvements in waveguide technology for the past 40 years.”

Conventional single-mode fiber guides light through glass, slowing signals to roughly 200 million meters per second, which is two-thirds of their potential vacuum speed. In contrast, hollow-core fibers route photons mostly through air — reducing latency by nearly half and minimizing nonlinear effects. This, however, comes with a steep penalty: hollow-core designs leak energy at rates exceeding 1 dB/km, effectively confining them to short, specialist links.

The DNANF design solves this by using concentric glass tubes that are just microns thick. These act like tiny mirrors, bouncing the light back into the air core and suppressing higher-order modes. Testing this on 15km spools using multiple measurement methods, including optical time-domain reflectometry, confirmed attenuation under 0.1 dB/km.

Equally important: loss remained below 0.2 dB/km across a 66THz spectral band. That’s far broader than the narrow telecom windows where silica performs best. Also, chromatic dispersion — which is where different wavelengths of light travel at different speeds through a medium — is reported to be seven times lower than it is in legacy fiber, which could simplify transceiver design and reduce energy use in network gear.

Microsoft’s 2022 acquisition of Lumenisity was a clear sign that it intended to push hollow-core tech out of the lab and into production. At the time, the company’s hollow-core fibers were achieving around 2.5 dB/km loss, which was still a far cry from the traditional ~0.14 dB/km floor of glass fiber.

Following a pilot project conducted alongside the team’s research, Microsoft told Network World that some 1,200 km of the new fiber is actively carrying live traffic. During 2024’s Microsoft Ignite conference, CEO Satya Nadella announced that the company plans to deploy 15,000 km of fiber across the Azure network over the next two years to support AI connectivity.

Francesco Poletti, who co-invented the design, said that the low levels of loss achieved could let operators “skip one in every two or three amplifier sites, resulting in significant reductions in both capital and operational expenditure.”

Of course, there are still some challenges. Scaling production will require new tooling, and standards have yet to be written. But for the first time ever, a fiber that carries light through air is both faster and less lossy than the glass it’s trying to replace.

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September 3, 2025 0 comments
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Solana
NFT Gaming

Solana Institution Wave Builds: Pantera Eyes $1.25B Treasury

by admin August 26, 2025


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

Pantera Capital is seeking to raise $1.25 billion for a Solana treasury, adding to the wave of institutional momentum building behind the asset.

Pantera Plans To Convert A Nasdaq-Listed Firm Into A Solana Treasury Vehicle

As first reported by The Information, Pantera Capital is planning to raise funds to create a Solana treasury vehicle. Initially, the firm intends to raise around $500 million from investors. It will then put these funds into a Nasdaq-listed company, which will use them to buy SOL and convert into a treasury vehicle called “Solana Co.”

Pantera Capital is an American venture capital and hedge fund specializing in digital assets and blockchain technology. The firm became the first to launch a cryptocurrency fund in the US back in 2013 and today, it manages over $4.8 billion in assets.

In a letter earlier in the month, Pantera disclosed it has invested over $300 million in digital asset treasury (DAT) companies. The firm said its investment thesis was based on a simple premise: “DATs can generate yield to grow net asset value per share, resulting in more underlying token ownership over time than just holding spot.”

Pantera is also an investor in medical firm Sharps Technology’s bid to create a $400 million Solana treasury, according to a press release from Sharps on Monday. And now, it seems the company is making a more direct push in the treasury space with its latest proposal. Beyond the initial $500 million, the firm also plans to raise another $750 million through warrants. If the plan comes to fruition, Solana Co. would become the largest SOL treasury in existence.

Interestingly, the report about Pantera comes just a day after another report revealed that Galaxy Digital, Jump Crypto, and Multicoin Capital are planning a $1 billion SOL treasury.

Upexi is currently the largest Solana treasury company with around 2 million tokens (about $383 million at the latest exchange rate), so the proposal from Galaxy and others would have already more than doubled the record. Now, Pantera’s plan could surpass even that.

The digital asset treasury model was popularized by Michael Saylor’s Strategy (formerly Microstrategy). Other companies soon followed by putting Bitcoin on their balance sheets, but recently, altcoins have started to get attention as well.

With Galaxy and partners, Pantera, and Sharps all unveiling Solana treasury plans, there now seems to be a real shift in institutional momentum behind the cryptocurrency.

So far, treasury companies have added around 0.75% of the SOL circulating supply to their holdings, according to data from institutional DeFi solutions provider Sentora (previously IntoTheBlock).

The breakdown of the treasury company holdings across BTC, ETH, and SOL | Source: Sentora on X

From the chart, it’s visible that the same figure sits at more than 9% for Bitcoin and about 3.4% for Ethereum. Thus, it seems SOL is still quite early in the treasury push.

SOL Price

At the time of writing, Solana is floating around $190, down over 3% in the last 24 hours.

The price of the coin seems to have suffered a plunge during the past day | Source: SOLUSDT on TradingView

Featured image from Dall-E, Sentora.com, 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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August 26, 2025 0 comments
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Decrypt logo
Crypto Trends

Bitcoin, Ethereum, XRP Flat as ‘Dry Powder’ Builds in Stablecoins

by admin August 19, 2025



In brief

  • Stablecoin supply climbed to $160 billion, with $32 billion on exchanges and daily inflows topping $1.2 billion, creating the largest pool of deployable capital in crypto history.
  • Bitcoin, Ethereum, and XRP posted modest 24-hour gains as markets consolidate ahead of a possible September Fed rate cut.
  • While some analysts see the surge in stablecoins as cautionary funds waiting on the sidelines, others frame it as a “loaded spring” that could drive sharp rallies once macro catalysts emerge.

Bitcoin, Ethereum, and XRP maintained modest gains early Tuesday as high stablecoin reserves signal massive “dry powder” accumulation across crypto markets.

The $160 billion stablecoin supply represents a 20% surge since February, with $32 billion parked directly on exchanges. These are levels that historically preceded major rallies in BTC and ETH, according to a Monday report by CryptoQuant contributor XWIN Research Japan.

Bitcoin is trading at $115,521, gaining 0.5% in 24 hours, while Ethereum advanced 1.0% to $4,300.82 and XRP climbed 1.2% to $3.01, according to price aggregator CoinGecko.

Other altcoins posted similar gains, with Solana up 0.7%, Cardano gaining 2.7%, and Chainlink adding 0.3%, according to CoinGecko.

XWIN Research Japan pointed out three key metrics in their report, including record supply levels, $32 billion in exchange reserves “ready to be deployed,” and daily inflows showing “whales and institutions are preparing to deploy capital.”

The massive buildup reflects growing institutional adoption, with VanEck’s Juan Lopez previously telling Decrypt that on-ramp providers are “some of the hottest targets” for M&A as they become “full-fledged payments providers.”

However, not all analysts see immediate upside. Illia Otychenko, lead analyst at CEX.IO, told Decrypt that while stablecoin reserves show “plenty of liquidity on the sidelines,” it “doesn’t automatically mean a rally is imminent.”

Otychenko said exchange reserves are rising again as investors take “a more cautious, wait-and-see stance” instead of rushing to deploy capital.

“If sentiment shifts and some of the $32 billion on exchanges gets deployed, it could fuel the next leg up,” he said, but warned without macro easing, this “dry powder” may stay on the sideline.

The overall stablecoin market cap rose by nearly 1% in the last day to $288 billion, according to CoinGecko, a slight uptick amid broader crypto consolidation.

The analytics team at B2BINPAY offered a more bullish outlook, telling Decrypt that current conditions mirror historical patterns, with exchange balances typically rising “15-25% just weeks before BTC and ETH took off.”

They noted that daily deposits exceeding $1.2 billion show people “aren’t leaving crypto; they’re waiting to jump in.”

With traders assigning an 83% chance of a September Fed cut, analysts say “a friendly signal from the Fed could send those stablecoin piles into ETH and BTC first.”

The team said stablecoins are “a loaded spring” where “the next jump could be bigger and quicker than most expect,” while Bitfinex analysts told Decrypt markets remain “firmly in a consolidation phase” as investors weigh catalysts.

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August 19, 2025 0 comments
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