Altcoin News page 24

A sharp rise in network usage on August 21 pushed Solana's fee-burn mechanism to one of its largest single-day totals this year. Solana recorded a sharp increase in onchain activity on August 21, with the network’s daily token burn reaching approximately 87,000 SOL.

A White House crypto summit spotlighted the stalled market-structure bill while the SEC moves to address oversight questions in the meantime. President Trump has continued to press for passage of the CLARITY Act, a proposed law meant to define regulatory jurisdiction over digital assets.

The mechanisms with money already attached before US trading begins are a bought governance vote, a scheduled hard fork, a licensing deadline and short positions that have not yet been forced to cover. The mechanisms with money already attached before US trading begins are a bought governance vote, a scheduled hard fork, a licensing deadline…

Analysts say Circle's growth story does not depend on passage of the stablecoin market structure bill. Bernstein has restated its $140 price target for Circle, the company behind the USDC stablecoin, according to reporting from crypto.news and The Block.

Bearish positioning persists among a small group of firms even as both assets post strong gains. Three trading firms have maintained short positions on Bitcoin and Ethereum even as both cryptocurrencies posted sharp price gains, according to reporting from Yahoo Finance and BeInCrypto.

Lawmakers are moving to fast-track comprehensive crypto legislation before the end of the year. South Korean lawmakers are pushing to accelerate the Digital Asset Framework Act, with a goal of passing the bill this fall. The legislation would expand the country's regulatory approach to digital assets beyond the narrower protections already in force.

Daily fees and MEV activity pushed Solana's network revenue to its strongest level since early in the year. Solana's network revenue crossed $1 million on Aug. 19, marking its best single-day showing in six months. The metric captures the total value paid by users to have transactions processed and included in blocks.

Analysts point to record weekly ETF inflows as the main driver behind XRP's sharp rally. XRP has staged a dramatic weekly rally, with reported gains ranging from 47% to 50% depending on the measurement window and source. The move ranks among the token’s sharpest short-term advances in recent months.

TronWeekly and Cryptonews.com give conflicting numbers for XRP's trading volume and spot ETF net inflows on the same day. TronWeekly and Cryptonews.com give conflicting numbers for XRP's trading volume and spot ETF net inflows on the same day. What all sources agree on XRP was trading in the $1.48–$1.49 range around the time of publication.

A large short position tied to market maker Wintermute has surfaced just as XRP posts recent gains. A wallet associated with Wintermute, a prominent cryptocurrency market maker, has reportedly opened a sizable short position against XRP. U.Today first reported the development on August 24, describing the position as unusually large.

Coinfomania says Ledger's own Donjon team disclosed the Ethereum app vulnerability, while CryptoBriefing and The Cryptonomist EN say the public disclosure came from an external security researcher/firm, TestMachine. Coinfomania says Ledger's own Donjon team disclosed the Ethereum app vulnerability, while CryptoBriefing and The Cryptonomist EN say the public disclosure came from an external security researcher/firm…

The event, set for December, marks the foundation's inaugural workshop dedicated to privacy-preserving technology The Ethereum Foundation has confirmed sponsorship of WPPT 2026, a workshop dedicated to privacy-preserving technologies. The event is scheduled to take place in Hong Kong this December, according to multiple reports.

Reports point to an August 25 debut, with Zcash futures open interest overtaking Dogecoin and BNB Grayscale is moving closer to launching what would be the first U.S.-listed exchange-traded fund tied to Zcash, according to reports from Crypto News Australia and CoinGape.

Paolo Ardoino points to growing use of the dollar-pegged stablecoin in economies facing currency instability. Tether CEO Paolo Ardoino said adoption of the company's USDT stablecoin is increasing across four countries, according to a report from crypto.news.

The Ethereum lending protocol was drained after an attacker reportedly acquired governance votes for as little as 2 ETH. Term Finance, a lending protocol built on Ethereum, has suffered an $8.5 million loss. CoinDesk and CryptoBriefing both reported the incident on August 24, 2026, describing it as a governance-based attack rather than a traditional smart…

Japanese financial giant SBI joins investors funding Fasset's push into stablecoin-based payments Fasset, a neobank built around stablecoin infrastructure, has reached a $1 billion valuation. The milestone follows an investment from SBI Group, the Japanese financial conglomerate known for its diversified holdings across banking, brokerage, and crypto ventures.

Cointribune EN and CryptoSlate report the same weekly Bitcoin and Ether ETF inflow totals but give conflicting figures for XRP and Solana ETF inflows over the same period. Cointribune EN and CryptoSlate report the same weekly Bitcoin and Ether ETF inflow totals but give conflicting figures for XRP and Solana ETF inflows over the same…

Users holding assets on Sui through Phantom must move funds before the cutoff date, reports say. Phantom is removing support for the Sui network, according to reporting from CryptoBriefing. The wallet provider has given users until September 24 to move any Sui-based assets before access through Phantom ends.