By Omkar Godbole (Whenever and unless otherwise indicated)
Suddenly, it is his rival of Ethereum Solana and his native token soil while the wider market retains its breath before the rate of the Federal Reserve on Wednesday.
Michael Novogratz, founder and CEO of Galaxy Investment, says that Solana could evolve to become a regulation infrastructure in global finance. For what? Because blockchain can manage more than 6 billion transactions per day, which is much higher than the 400 to 700 million world trades on the securities markets, he said. The speed counts.
At Basecamp 2025, the layer 2 network of Coinbase alluded to the plans for a launch of token which could accelerate decentralization and reveal a Solana bridge to stimulate transverse connectivity. Dan Morehead de Pantera Capital has announced that Solana is their largest bet, worth 1.1 billion dollars, calling it the fastest and most efficient blockchain, which has even exceeded Bitcoin in the past four years.
If that is not enough, Kyle Samani, president of Forward Industries, president of the cash company Solana Treasury Industries, said during the weekend that the company planned to deploy funds to stimulate the decentralized native financial ecosystem of Solana.
All these signs suggest that soil could surpass bitcoin ether (Eth) And other major tokens if the Fed reduces the rates of the 25 basic points this week, as expected. If he surprises with a 50 -point movement, things could become wild. Keep your eyes on these pairs of soil / BTC and Sol / ETH trading pairs.
Currently, soil is negotiating about $ 235 after peaking nearly $ 250 this weekend. Other major cryptocurrencies are stuck in neutral, dragging behind the stocks, which continue to hit new peaks.
On the Stablecoin front, the Bank of England proposed limits to the way in which the value of the stablescoins supported by a dollar can hold, as low as 10,000 pounds ($ 13,600)citing systemic risks. Stani Kulechov, CEO of Aave, described the “absurd” move and urged the community of cryptography to oppose these regulations.
More countries, especially those with current account deficits, will probably consider similar measures to slow out the outings that dodge traditional banks.
And as for the traditional markets, the mixture of stocks up on Monday and the VIX, the gauge for fear of Wall Street, has observers shrugging. History shows that these moments often precede market corrections, so stay vigilant!
What to look at
- Crypto
- September 16, 12 noon: Solana Live Event on X. The guests include the co-founder of Pump. Fun Alon Cohen and Kyle Samani, President of Forward Industries (FORD) and the Multicoin Capital director partner.
- Macro
- September 16 at 8 am: Brazil July unemployment Rate is. 5.7%.
- September 16, 8:30 am: CPI CPI CPI YOY is. 2%, mom is. 0%; Core Yoy is. N / A (Previous 2.6%)Mom is. N / A (Previous 0.1%).
- September 16, 8:30 am: US AUS AUS AUSSE in retail sale YOY EST. N / A (Previous 3.9%)Mom is. 0.3%.
- Gains (Estimates based on facts)
Token events
- Governance votes and calls
- Curve Dao votes to update Twocrypto contracts compatible with donations, refining the acquired donations, so the unleashed portions persist after the burns. The vote ends on September 16.
- September 16: Aster Network to organize a community call.
- September 18, 6 am: Mantle to welcome Mantle’s state of mind, a series of monthly descent.
- September 16, 12 noon: Kava to host a community, ask me for anything (AMA) session.
- Unlocking
- September 16: Arbitrum To unlock 2.03% of its supply in circulation worth $ 45.92 million.
- Token launches
- September 16: Merlin (MRLN) To list on Binance Alpha, Mexc, Bitmart, Gate.io and others.
Conferences
Talk about tokens
By Oliver Knight
- While the cryptography market remains in a tight range after a brief summit and a hollow on Monday, a token runs its own race: IMX increased by 15% in the last 24 hours, a daily negotiation volume rushing to $ 144 million.
- The climb raised IMX, the native token of the unchanging web3 game platform at a five-month summit.
- The bullish feeling around the immutable can be attributed to a dry probe that was abandoned earlier this year and to the general optimism around the game sector. The game is expected to reach $ 200 billion in income this year with new growth forecasts in 2026 in parallel with the release of Grand Theft Auto 6 from Rockstar Gaming.
- ImmuTable is well placed to capitalize on this growth after teaching the Ubisoft game giant during the next iteration of Might and Magic Fates in April.
- Blockchain technology could have a key role to play in games if trends move towards the property of articles at stake, which could see the implementation of non -bubble tokens (Nft) In a game that could then be collected or sold for cryptographic tokens.
- IMX is currently negotiating at $ 0.736 after erupting a key resistance level. It will probably come back to test $ 0.70 as a support before potentially improve, provided that the volume of trading can maintain at these levels.
Positioning of derivatives
- Most of the major cryptocurrencies, including BTC and ETH, continued to experience the capital outings of the term contracts, resulting in a drop in open interest.
- AVAX stands out with OI of more than 14% while the market capitalization of the token seems to exceed $ 13 billion for the first time since February 2.
- Solana OI has reached a record summit of more than 70 million soil, with positive financing rates pointing to bull -up capital entries.
- On the CME, OI in Solana Futures fell to 7.63 million soil compared to the 8.12 million soil record on September 12. However, the three -month annualized bonus is much more than 15%, offering an attractive return for transport traders.
- BTC CME OI continues to improve, but the overall positioning remains light compared to ether and term contracts.
- In DRAB, BTC bias and ETH put options continue to facilitate all tenors, because traders provide for Fed rate reductions. The soil and XRP options remain biased upwards.
- On the OTC network paradigm, block flows included BTC calendar differences and the short-circuit of call and put options.
Market movements
- BTC is unchanged from 4 p.m. HE Monday at $ 115,500.55 (24 hours: + 0.54%)
- ETH is unchanged at $ 4,513.45 (24 hours: -0.49%)
- Coindesk 20 is up 0.48% to 4,271.28 (24 hours: + 0.71%)
- The CESR ether composite rate rate increases from 5 BPS to 2.87%
- BTC’s financing rate is 0.0059% (6.4616% annualized) binance
- Dxy is down 0.32% to 96.99
- Gold’s term contracts increased by 0.42% to $ 3,734.70
- Silver term contracts increased by 0.53% to $ 43.19
- Nikkei 225 closed up 0.3% to 44,902.27
- Hang Seng closed unchanged at 26,438.51
- FTSE is down 0.22% to 9,256.41
- Euro Stoxx 50 is unchanged at 5,437.55
- Djia closed on Monday up 0.11% to 45,883.45 on Monday
- S&P 500 closed 0.47% to 6,615.28
- The Nasdaq composite closed up 0.94% to 22,348.75
- The composite S&P / TSX closed up 0.5% to 29,431.02
- S&P 40 Latin America closed 1.64% to 2,904.55
- The 10 -year American treasure rate is unchanged at 4.037%
- E-Mini S&P 500 Term contracts are up 0.19% to 6,633.75
- The term contracts on the NASDAQ-100 E-Mini increased by 0.29% to 24,380.00
- The average industrial index E-Mini Dow Jones is unchanged at 45,902.00
Bitcoin statistics
- BTC dominance: 58.11% (unchanged)
- Ether / bitcoin ratio: 0.03907 (-0.36%)
- Chop (Mobile average at seven days): 1,025 eh / s
- Stacker (place): $ 53.98
- Total costs: 4.41 BTC / $ 508 109
- CME Futures open interest: 140 975 BTC
- BTC at the price of gold: 31.2 oz
- BTC VS Gold Bourse Capt: 8.82%
Technical analysis
- The monthly graph shows that BTC again probe the trend line connecting the peaks of the previous Haussier market.
- The Bulls failed to win above this trend in July and August.
- A third right failure could really embrace sellers, which potentially gives a deeper drop.
Cryptographic actions
- Global Coinbase (COIN): closed Monday at $ 327.02 (+ 1.23%)+ 0.27% at $ 327.91
- Circle (CRCL): closed at $ 134.05 (+ 6.97%)unchanged in pre-commercialization
- Digital galaxy (GLXY): closed at $ 30.77 (+ 3.6%)+ 0.58% at $ 30.95
- Bullish (BLSH): closed at $ 51.08 (-1.47%)+ 0.59% at $ 51.38
- Mara Holdings (Mara): closed at $ 16.24 (-0.43%)unchanged in pre-commercialization
- Riot platforms (RIOT): closed at $ 16.68 (+ 4.97%)+ 1.08% at $ 16.86
- Scientific core (Corz): closed at $ 16.32 (+ 2.9%)+ 0.37% at $ 16.38
- Cleaning (CLSK): closed at $ 10.29 (-0.58%)+ 0.1% at $ 10.30
- Coinshares Valkyrie Bitcoin Miners Etf (WGMI): closed at $ 38.73 (+ 3.78%)+ 1.96% at $ 39.49
- Exodus movement (Exodus): closed at $ 27.88 (-1.69%)-1.94% at $ 27.34
Cryptographic cash flow companies
- Strategy (MSTR): closed at $ 327.79 (-1.1%)+ 0.34% at $ 328.89
- Scientist (SMLR): closed at $ 28.39 (-2.74%)
- Gaming Sharplink (Sbet): closed at $ 16.79 (-5.14%)+ 0.54% at $ 16.88
- Upexi (Upxi): closed at $ 6.33 (-6.29%)+ 0.95% at $ 6.39
- Lite strategy (Beds): closed at $ 3.07 (+ 10.43%)
ETF Flows
BTC ETF spot
- Daily net flows: $ 259.9 million
- Cumulative net flows: $ 57.05 billion
- Total BTC Holdings ~ 1.31 million
ETH ETFF SPOT
- Daily net flows: $ 359.7 million
- Cumulative net flows: $ 13.74 billion
- Total Eth Holdings ~ 6.53 million
Source: Wacky investors
While you slept
