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Solana’s Q3 Revenue Sharp Growth Puts It Ahead Of All Major Crypto Networks

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With major digital assets like Solana experiencing notable upside action once again, the broader cryptocurrency market appears to have flipped into a highly bullish state. Solana’s ongoing upward trend in price has coincided with a remarkable surge in the blockchain’s on-chain activity and adoption.

Q3 Blockchain Revenue Race Heats Up, And Solana Is Leading

Following a recent rally in the price of SOL, there has been a strong uptick in on-chain activity and engagement. Specifically, the Solana blockchain is experiencing substantial inflows, as revenue increases sharply.

The report from Solana’s official page on the social media platform X reveals that the blockchain is witnessing one of the fastest revenue growth rates in history. A surge in user activity, active DeFi participation, and a surge in demand for on-chain applications likely drive this sharp growth in revenue.

Furthermore, the development highlights the blockchain’s competitive advantage and durability in a dense market. While competitors have found it difficult to keep up, Solana’s effectiveness and scalability keep drawing in developers and funding, putting it at the vanguard of blockchain ecosystem expansion and profitability.

According to the data, Solana has cemented its position as a top-performing blockchain in the third quarter of this year in terms of overall revenue generated in the quarter. With over $222 million in revenue recorded in Q3, the blockchain has surpassed all major crypto networks in the sector.

SOL network revenue explodes | Source: Chart from Solana on X

It is worth noting that after dominating Q3 of 2025, Solana has now led all major crypto networks for 4 consecutive quarters as number 1. SOL’s persistent dominance in revenue for the past four quarters is obviously sending a strong message about SOL’s place in the future of decentralized finance and scalable blockchain infrastructure.

Over the last year, the platform highlighted that users on the SOL blockchain have paid the network more than $2.1 billion for blockspace. Interestingly, data shows that over 46% of the entire fees were paid in cryptocurrency.

SOL Blockchain Is Becoming The Hub For Stablecoins

The Solana blockchain’s adoption and interest are evidenced by the large number of stablecoin flows on the chain. In another X post from the official Solana page, stablecoin adoption on SOL is surging at an unprecedented pace when compared to other chains.

In terms of stablecoin inflows, the SOL blockchain is at the top, outpacing all layer 1 and layer 2 chains over a period of 24 hours. This development implies that SOL is becoming the go-to settlement layer for stablecoin transfers due to its lightning-fast transaction speeds and incredibly cheap costs, which encourage record inflows and on-chain activity.

With this dramatic increase in stablecoin inflows, SOL’s role in global crypto payments and Decentralized Finance (DeFi) is clearly growing. In addition, it solidifies the network’s standing as the leading hub for dollar-pegged assets in the dynamic blockchain market.

SOL trading at $231 on the 1D chart | Source: SOLUSDT on Tradingview.com

Featured image from Adobe Stock, chart from Tradingview.com

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Borderlands 4's first major balancing patch is out now, delivering beefy vault hunter buffage across the board
Game Updates

Borderlands 4’s first major balancing patch is out now, delivering beefy vault hunter buffage across the board

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Borderlands 4’s first round of vault hunter balancing tweaks has arrived, with Gearbox having waited until they’d had a chance to try getting some of the looter shooter’s technical gremlins under control and observed the state of play balance-wise before whipping out the ol’ nerf/buff cannon.

That approach has meant some arguably overpowered early builds haven’t been coded out of existence as quickly as players might have imagined, with the developers seeming keen to avoid knee-jerk reactions when it comes to vault hunter changes in particular. I assume the fact they’ve had a DLC robo-cowboy to help keep post-happy exec Randy Pitchford occupied has probably helped maintain that lack of sudden and potentially ill-fated moves.

“For today’s update, we wanted to focus on creating greater build diversity by adjusting underperforming skills,” the studio wrote in the notes for this first significant balance patch. “Amon in particular gets a host of adjustments to bring him closer in line with the general power level of the other Vault Hunters. Vex’s summons and Rafa’s melee power see adjustment to make those builds more viable in the late endgame. Finally, Harlowe has a couple tweaks to make sure Stasis is getting value for players.”

As you might have gleaned from that, a glance through the full notes yields many instances of the word “increased” across all four hunters. Amon’s gotten by far the most changes, with more than 60 bullet points by my count having affected everything from his actions skills to augments and passives of various varieties. Vex has seen slightly less tweaks across all three of those spheres, while Rafa’s had action skill, capstone and passive changes. Harlowe only sees two tweaks, both to her stasis-related damage.

“Looking to the future, we’re investigating stats and behaviors on Class Mods, Rep Kits, Shields, and Firmware to make sure they are providing avenues to greater build diversity,” Gearbox continued. “We are also planning to fix a number of unintended interactions. These exploits prevent us from creating meaningful build diversity as they trivialize content that is otherwise meant to challenge players.” Judging by that last bit, this overpowered Vex build may soon be less godly.

Finally, it’s worth noting that this update’s also seen the devs add in “auto-clearing of Borderlands 4 stale shaders on version update”, which they say should help prevent “performance degradation on some PCs”.

If you’ve not already, make sure to check out our Borderlands 4 review by Jasmine Mannan for impressions of the game that aren’t delivered via an all caps tweet from the Pitchford.



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Low-cap tokens eye bullish trend as a major crypto breaks descending wage
NFT Gaming

Low-cap tokens eye bullish trend as a major crypto breaks descending wage

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

XRP breaks out, while XYZVerse raises $15m in presale as traders eye sports-driven memecoin gains.

Summary

  • XYZVerse merges sports fandom with crypto, raising $15m in its fast-moving presale.
  • With $15m raised, XYZVerse aims to be a sports-driven memecoin riding Uptober’s hype.
  • From $0.0001 to $0.0055, XYZVerse’s presale surge positions it as a memecoin to watch.

XRP is showing signs of renewed bullish momentum after weeks of consolidation, breaking out of a descending wedge pattern that had kept prices constrained. The move is catching trader attention not only for XRP itself but also for its potential to spark a broader rally across smaller-cap tokens.

XRP breaks free from wedge

Earlier this quarter, XRP failed to break above the $3.60 resistance zone, forcing price action into a falling wedge formation — a pattern defined by compressing lower highs converging against a flat base near $2.60.

Now, according to analyst JackTheRippler, XRP has broken out of this descending wedge, shifting technical sentiment to the bullish side.

Ripple effect on low-cap tokens?

Historically, XRP breakouts have often coincided with higher risk appetite across the crypto market. If XRP sustains its move above $3, low-cap tokens could follow suit, as traders rotate capital into more speculative plays after confidence builds in larger-cap assets.

The next sessions will determine whether XRP’s wedge breakout proves to be the start of a wider risk-on trend or just another short-lived rally capped by resistance.

XYZ taps into sports fandom as presale raises $15m ahead of launch

As XRP breaks out of a months-long descending wedge pattern, some traders are turning their eyes toward smaller-cap tokens that could ride the wave. XYZVerse (XYZ), a new memecoin project built around sports fandom has already pulled in $15 million in presale funds.

A sports-driven memecoin

XYZVerse blends crypto culture with the passion of football, basketball, MMA, and esports. Instead of chasing hype alone, the team has laid out a roadmap and community-driven strategy designed to give XYZ longer-term staying power. It’s pitching itself as a badge of honor for sports and crypto fans, rather than a speculative flash in the pan.

XYZ presale momentum

The token’s presale has been progressing quickly, with prices climbing stage by stage:

  • Launch price: $0.0001
  • Current presale: $0.0055
  • Next stage: $0.0056
  • Planned listing: $0.10

If XYZ launches at its target listing price, early presale participants could see returns in the triple-digit multiples. For now, demand remains strong, with the project reporting over $15 million raised.

Riding market sentiment

The timing could prove advantageous. With XRP breaking resistance near $3 and Bitcoin holding above $116k, the broader market mood — dubbed “Uptober” by crypto traders — has turned more optimistic. Historically, when large-cap coins recover, investors often rotate into riskier plays like memecoins.

Whether XYZ can hold onto its momentum after launch remains an open question. But with its presale oversubscribed and a sports-driven brand angle, it’s quickly become one of the low-cap tokens to watch if the market keeps trending bullish.

Conclusion

With XRP showing renewed strength after its descending wedge breakout, market risk appetite could spill into low-cap plays like XYZVerse. If momentum continues, XYZ may capture investor interest as both a sports-driven cultural project and a speculative opportunity in the meme coin niche.

The presale progress, combined with rising hype, positions XYZ as a project to watch in the coming weeks, especially if broader market sentiment turns fully bullish.

To learn more about XYZVerse, visit the website, Telegram, and Twitter.

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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Donald Trump (Nikhilesh De/CoinDesk)
NFT Gaming

SEC’s Bow to DoubleZero Carries Major Weight for Decentralized Infrastructure: Peirce

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Even before the arrival of President Donald Trump and his crypto-friendly regulators, the U.S. Securities and Exchange Commission had a crypto advocate, Commissioner Hester Peirce, who contends that a decision this week to grant DoubleZero a so-called no-action letter represents the kind of space she’s long been wanting to offer blockchain pursuits.

The SEC staff agreed to the startup’s request that the agency wouldn’t pursue any registration complaints for tokens issued for the specific aims of DoubleZero’s decentralized physical infrastructure network (DePIN). Commissioner Peirce suggested this open door for DePIN efforts keeps the SEC out of business it shouldn’t be in.

“Rather than relying on centralized corporate structures to coordinate activity, DePIN projects enlist participants to provide real-world capabilities, such as storage, telecommunications bandwidth, mapping, or energy, through open and distributed peer-to-peer networks,” she said in a statement. The activity doesn’t trigger the Supreme Court’s Howey Test — the test that decides what falls within the SEC’s jurisdiction — because such projects “allocate tokens as compensation for work performed or services rendered, rather than as investments with an expectation of profit from the entrepreneurial or managerial efforts of others.”

The SEC uses no-action letters to make it clear what activities it doesn’t intend to pursue with enforcement actions, so a letter to a single firm can signal to an entire space what the agency’s current posture is. But to reap the benefits, the activity has to stay strictly within the boundaries outlined in the SEC’s letter.

“The line between tokens and securities law is getting clearer,” said Austin Federa, DoubleZero co-founder, in a statement to CoinDesk. “Founders who once spent countless hours (and legal dollars) on this question can now focus on building.”

DoubleZero sought to incentivize providers of infrastructure for network connectivity, such as large technology companies that control surplus fiber networks, by compensating them with tokens — in this case, the protocol’s native 2Z.

“Treating such tokens as securities would suppress the growth of networks of distributed providers of services,” Peirce said. “Blockchain technology cannot reach its full potential if we force all activities into existing financial market regulatory frameworks.”

The agency’s action drew praise from advocates of decentralized finance (DeFi).”No-Action Letters are one of the most pragmatic tools for navigating regulatory uncertainty in crypto, and the SEC’s issuance of No-Action Letters shows that constructive engagement with regulators is possible,” said Amanda Tuminelli, executive director of the DeFi Education Fund, in a blog posting by the DoubleZero Foundation.

The SEC has been pursuing an aggressive course of pro-crypto policy actions under Chairman Paul Atkins. Earlier this week, he said at a roundtable event in the agency’s Washington headquarters that establishing clear rules for the digital assets sector is “job one” for the SEC. Before Atkins arrived, Peirce led the agency’s crypto task force and was already working on policy statements to clarify the regulator’s expectations for the industry.

Read More: DoubleZero’s ‘New Internet’ for Blockchains Nabs $400M Valuation from Top Crypto VCs



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BOB and LayerZero Enable BTC Transfers Across 11 Major Blockchains
GameFi Guides

BOB and LayerZero Enable BTC Transfers Across 11 Major Blockchains

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Decentralized finance (DeFi) protocol Build on Bitcoin (more commonly known as “BOB”) unveiled a system that lets BTC$113,053.81 holders move their assets into decentralized trading apps with a single click, the company said on Tuesday.

“BOB Gateway” connects native Bitcoin to LayerZero’s “omnichain fungible token” (OFT) version of wrapped BTC, an asset issued by BitGo. The integration extends to 11 blockchains including Ethereum, Avalanche and Base, bringing access to nearly 15,000 decentralized apps that can now support direct Bitcoin deposits.

Until now, most of these blockchains lacked a straightforward way to connect to Bitcoin. Users often had to navigate complex bridging processes, which carried both technical friction and security risks.

With BOB Gateway, they can move between native BTC and wBTC.OFT in one step, a change that could make strategies such as yield farming or looping trades more accessible to retail and institutional investors alike.

Yield farming and looping supply liquidity to DeFi platforms, acting as the foundation for lending, borrowing, and trading. This process allows users to earn significant passive income. Making these trades easier with native BTC — the largest and most trusted digital asset — would mobilize a massive pool of capital, increasing DeFi’s liquidity, security, and overall market maturity.

More than $2.3 billion worth of wBTC.OFT has already been bridged across 67,000 transfers on LayerZero, the companies said. By enabling direct inflows from native BTC, the gateway could bring fresh liquidity into DeFi markets that rely on wrapped bitcoin as collateral or trading pairs.

Alexei Zamyatin, co-founder of BOB, said the update “makes wBTC.OFT instantly accessible” across supported chains, while LayerZero’s Simon Baksys described the move as adding utility to “one of the most trusted assets in crypto.”

The rollout includes Ethereum, Avalanche, Base, Unichain, Soneium, Bera, Optimism, Sei, Sonic and BOB itself, covering much of the current DeFi landscape.



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Solana's Anatoly Yakovenko Teases Pump.Fun as Major TikTok Rival
NFT Gaming

Solana’s Anatoly Yakovenko Teases Pump.Fun as Major TikTok Rival

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Anatoly Yakovenko, cofounder of Solana (SOL) Labs, has predicted that Pump.Fun (PUMP) could emerge as a challenger to TikTok. Yakovenko’s prediction comes as a reaction to a post on X made by Laura Shin of Unchained, about the crypto-focused brand now going live on Pump.Fun.

Genesis of Pump.Fun and TikTok comparison 

Yakovenko believes that with the growing adoption of Pump.Fun, it might become a major rival to the video content social media platform. “The next social network war is going to be TikTok vs Pump,” he wrote.

The Solana Lab cofounder suggests that Pump.Fun has an edge to compete as it ties in crypto-native features like meme coins, ownership incentives, creator fees and others, altogether on a decentralized platform. This allows creators and communities to directly monetize their content and participate in the space.

However, TikTok is a traditional centralized platform that currently dominates the distribution of social media content. Notably, ads on TikTok go to the platform.

Yakovenko argued that with Pump.Fun’s model, creators receive built-in monetization through tokens and community engagement. He opines that this could give Pump.Fun the leverage to compete head-on with TikTok.

Worth mentioning is that TikTok has over 1.5 billion users globally and continues to grow rapidly as adoption spikes among the younger population. Yakovenko, nonetheless, thinks that decentralized platforms like Pump.Fun could compete by leveraging crypto-native distribution for social platforms.

According to Laura Shin, Unchained on Pump.Fun is strategic for the expansion of their streaming episodes. The entity has also created a meme coin for its brand, and users could decide to trade it. However, Unchained will collect a standard creator fee of approximately 1%.

Unchained considers the move a bold experiment in crypto media and remains optimistic about its prospects. It will be interesting to see how this precedent will evolve in the long term for the crypto media world amid Yakovenko’s positive prediction of the prospects that lie ahead.

Growth, criticism, market performance of Pump.Fun

Pump.Fun, the Solana-based meme coin factory, has been a major highlight in the cryptocurrency industry, with positives and negative trends trailing it. 

In April 2025, Vitalik Buterin, the Ethereum founder, criticized Pump.Fun, claiming it was a bad example of a crypto project application. He suggested that the platform does not prioritize ethics.

Despite the criticism, Pump.Fun has continued to gain traction among users in the crypto space. In the last 30 days, the PUMP price has jumped by 58.69% in value, and as of press time, it changes hands at $0.005366. There are predictions that its value could hit $0.01 by the end of 2025.



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rally at risk as top Fed sends major warning
NFT Gaming

rally at risk as top Fed sends major warning

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The crypto market tilted upward today, Sept. 29, as investors started to buy the dip after last week’s plunge. However, this rally could be at risk after a major warning from Beth Hammack, a senior Fed official.

Summary

  • Cleveland Fed’s Beth Hammack has warned about inflation and interest rate cuts.
  • Aster has passed Hyperliquid as the biggest perpetual DEX in terms of volume.
  • Stablecoin market capitalization is nearing the $300 billion market cap. 

Crypto news today: Beth Hammack warns on inflation

One of the top catalysts for the crypto market recently has been the Federal Reserve, which has started cutting interest rates. However, the pace of cuts may not be as analysts expect, as some Fed officials are still concerned about inflation.

Speaking in a CNBC interview, Beth Hammack of the Cleveland Fed warned that inflation was still a major challenge. She noted that headline and core inflation have remained above the 2% target for four and a half years.

Hammack also believes that the labor market is still strong despite the recent weakness. She cited the unemployment rate, which has remained below 5% this year.

The statement came a few days before the Bureau of Labor Statistics publishes the official jobs numbers. Economists expect the data to reveal that the economy created 59,000 jobs in September after adding 22,000 in the previous month.

Therefore, the crypto market could be at risk if the Federal Reserve slows the pace of interest-rate cuts.

Aster and Lighter overtake Hyperliquid

Another important crypto news today is that Hyperliquid is facing substantial competition pressure from Aster and Lighter. Data compiled by DeFi LLama shows that Aster, which is backed by Changpeng Zhao, handled over $84 billion in volume in the last 24 hours, higher than the $5.6 billion that Hyperliquid handled. This volume brought its 30-day volume to $290 billion, higher than Hyperliquid’s $279 billion. 

Aster weekly volume has soared | Source: DeFi Llama

Lighter handled transactions worth over $7.18 billion in the last 24 hours.

Still, it is unclear whether this data is accurate, as it notes that Aster handled $270 billion in volume last week, up from $10 billion a week earlier.

The data also show that Aster’s total value locked jumped to $2.26 billion, up from $346 million on Sept. 1.

Stablecoin supply nears $300b

Another key crypto news is that the amount of stablecoins in circulation is soaring and is about to hit $300 billion. 

The supply jumped by $4.15 billion in the last seven days. Tether maintains the biggest market share at $174 billion, while USDC has $73 billion. The other biggest players in the sector are Ethena USDe, Dai, Sky Dollar, and World Liberty Finance’s USD1. This stablecoin growth will likely accelerate after the U.S. passed theGENIUS Act. 



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Ethereum (Midjourney/CoinDesk)
GameFi Guides

Chainlink Teams With Major Financial Institutions to Fix $58B Corporate Actions Problem

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Decentralized oracle network Chainlink is working with 24 of the world’s largest financial institutions to overhaul how corporate actions, such as dividends, stock splits, and mergers, are processed across global markets.

Chainlink ran a pilot with SWIFT, DTCC, Euroclear and six other financial institutions. It leveraged a combination of its blockchain-based and artificial intelligence (AI) to ingest and validate real corporate action events in multiple languages.

That led to the production of unified data containers, known as golden records, in near real time, according to a press release shared with CoinDesk.

These records were distributed simultaneously to blockchain networks and legacy systems like the interbank messaging system SWIFT, significantly reducing manual work and the risk of error.

The process used a blend of large language models, including OpenAI’s GPT, Google’s Gemini, and Anthropic’s Claude, to extract structured data from unstructured corporate action announcements. These were then published as unified gold records on-chain to create a “single source of truth that all participants can easily access, verify, and build upon.”

Chainlink’s Runtime Environment (CRE) validated model outputs, while its interoperability protocol (CCIP) relayed data to blockchains, including Avalanche and DTCC’s private network.

Data attesters cryptographically attested the outputs and contributed to potentially missing data fields. According to Chainlink, the system achieved a near 100% data consensus across all test events.

The current system for processing corporate actions is costly. Citi’s 2025 Asset Servicing report shows that the average corporate action touches 110,000 interactions and costs $34 million to process. The global financial industry is now spending an estimated $58 billion annually in processing corporate actions.



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Mysterious Cardano Whale Empties Major US Exchange for 67,926,042 ADA
NFT Gaming

Mysterious Cardano Whale Empties Major US Exchange for 67,926,042 ADA

by admin


Whenever a big exchange outflow hits the blockchain, the crypto crowd jumps right into theories. This time, it is Cardano’s turn in the spotlight: 67,926,042 ADA, worth more than $54 million, just left Coinbase and went into a wallet that already had billions of ADA, according to Whale Alert. 

This address does not look like a random trader but more like a vault built to keep coins locked away from the noise of day-to-day speculation.

The transfer was split into two parts, with the larger part going to a single enterprise-type address that now has over 4.19 billion ADA. 

That is a balance so big it eclipses entire staking pools. Interestingly, this wallet does not delegate at all, meaning none of those coins is generating staking yield.

Cardano season

This address has been active since March 2021, has run through 1.7 million transactions and continues to stay active but always outside the staking system, which adds another layer of mystery because anyone holding that much ADA could be pulling in serious returns if staking were the goal, yet the owner chooses the opposite.

The market usually sees exchange outflows as a good sign because they reduce the amount of coins available, but the fact that so many coins are in the hands of a few big investors keeps making people wonder how decentralized Cardano ownership really is.

With ADA trading at around $0.80, now might be a great time for speculators to start talking about a “Cardano season” in the background, whether or not the whale ever speaks.



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