Of Omkar Godbole (All times one unless otherwise stated)
Suddenly, it’s about Ethereum -Rival Solana and its native Token Sol as the wider market holds its breath ahead of Wednesday’s decision on the Federal Reserve Rate.
Michael Novogratz, founder and CEO of Galaxy Investment, says Solana could develop into a settlement infrastructure in global funding. Why? Because blockchain can handle over 6 billion transactions a day, which is far higher than the 400 million-700 million trades global securities markets usually deal with, he said. Speed matters.
At Basecamp 2025, Coinbase’s Layer-2 network suggested plans for a token launch that could accelerate decentralization and revealed a Solana bridge to increase transverse chain connection. Panttera Capital’s Dan Morehead announced that Solana is their biggest effort valued at $ 1.1 billion, calling it the fastest and best-priesting blockchain, which has even surpassed Bitcoin in the last four years.
If that’s not enough, Kyle Samani said, chairman of Nasdaq-Bør-Børsnoteer Solana Treasury Company Forward Industries, over the weekend that the company is planning to deploy funds to increase Solana-native decentralized funding eco-system.
All of these characters suggest that sun could surpass Bitcoin ether (Eth) And other big tokens whose fat reduces the rates by the 25 basic points this week as expected. If it surprises with a 50-base point feature, things could get crazy. Keep an eye on these sun/btc and sun/eth trading pair.
Currently, Sol is about $ 235 after peaking nearly $ 250 over the weekend. Other larger cryptocurrencies are stuck in neutral and bake behind the stocks, which continue to hit fresh heights.
On the stableCOin front, the Bank of England suggested borders on how the value of dollar-backed stableecoins that a person can have, as low as £ 10,000 ($ 13,600)With reference to systemic risks. Stani Kulechov, Aave’s CEO, called the move “absurd” and called on the crypto community to stand up against such rules.
Several countries, especially those with ongoing account deficits, are likely to consider similar measures to limit outflow that avoids traditional banks.
And as for the traditional markets, Monday’s mix of rising stocks and VIX, Wall Street’s fear gauge, has some observers that raise their eyebrows. History shows that these moments often go ahead of market corrections, so stay aware!
What to look at
- Crypto
- September 16, 7 p.m. 12: Solana Live event at X. Guests include pump.Fun-co-founder Alon Cohen and Kyle Samani, President of Forward Industries (Ford) and the CEO of Multicoin Capital.
- Macro
- September 16 at. 8: Brazil July Unemployment rate Est. 5.7%.
- September 16, 8:30: Canada August Headline CPI Yoy Est. 2%, mother est. 0%; Core yoy est. Reach (Previous 2.6%)Mother est. Reach (Previous 0.1%).
- September 16, 8:30: US August Retail Sales Yoy Est. Reach (Previous 3.9%)Mother est. 0.3%.
- Earnings (Estimates based on Factset -Data)
Token -events
- Management votes and calls
- Curve DAO votes to update donation-enabled TwoCrypto contracts, refining donation that earns such unlocked parts persisting after burns. Voting ends September 16.
- September 16: Aster Network hosts a community call.
- September 18 at. 06.00: Mantle to host the Mantle State of Mind, a monthly downhill.
- September 16, 7 p.m. 12: Kava to host a society ask me for something (AMA) session.
- Unlock
- September 16: Voldum To unlock 2.03% of its circulating supply worth $ 45.92 million.
- Token launches
- September 16: Merlin (Mrln) Must be listed on Binance Alpha, Mexc, Bitmart, Gate.io and others.
Conferences
Token Talk
By Oliver Knight
- As the crypto market stays within a tight interval after a short top and trough on Monday, a token runs its own race: IMX has increased by 15% in the last 24 hours of daily trade volume doubling to $ 144 million.
- The climb lifted the IMX, the native token of web3 play platform, unchanging, to a five-month high.
- Bullish atmosphere around unchanging can be attributed to a SEC probe that was dropped earlier this year and general optimism around the gaming sector. Gaming is estimated to reach $ 200 billion in revenue this year with additional growth forecast in 2026 along with the release of Rockstar Gaming’s Grand Theft Auto 6.
- Immutable is well positioned to take advantage of this growth after working with the game giant Ubisoft at the next iteration of power and magical fates in April.
- Blockchain technology could have a key role to play in games if trends change against ownership of the game, which could see the implementation of non-funny symbols (Nfts) Within a game that could then be collected or sold to Krypto -Tokens.
- IMX is currently trading with $ 0.736 after breaking out of a key level of resistance. It will probably return to test $ 0.70 as support before it potentially moves higher, provided the trading volume can maintain at these levels.
Derivatives Location
- Most major cryptocurrencies, including BTC and ETH, continued to experience capital outflows from futures, which led to a fall in open interest.
- Avax stands out with OI increasing over 14%as token’s market capital seems to climb over $ 13 billion for the first time since February 2nd.
- Solana Oi has reached a record height of over 70 million sun, with positive financing rates pointing to bullish capital flow.
- At CME, Oi in Solana futures withdrew to 7.63 million sun from the record 8.12 million sun on September 12. Still, the three -month annual premium is well over 15%, providing an attractive dividend for transport dealers.
- BTC CME OI continues to improve, but the overall positioning remains easy compared to ether and sun futures.
- On dismissal, bias for BTC and ETH put options continue across all tenors when dealers expect feed frequency cuts. Sun and XRP settings remain partial bullish.
- On the OTC network paradigm, block currents contained BTC calendar spreads and short -circuit of call and set options.
Market movements
- BTC is unchanged from 1 p.m. 16 A Monday to $ 115,500.55 (24 hours: +0.54%)
- Eth is unchanged for $ 4,513.45 (24 hours: -0.49%)
- Coindesk 20 has increased 0.48% at 4,271.28 (24 hours: +0.71%)
- Ether Cesr Composite Staking Rate has risen 5 BPS by 2.87%
- BTC -Financing rate is at 0.0059% (6,4616% annually) On Binance
- DXY is down 0.32% at 96.99
- Gold Futures have risen 0.42% of $ 3,734.70
- Silver Futures have risen 0.53% of $ 43.19
- Nikkei 225 closed 0.3% at 44,902.27
- Hang bed closed unchanged at 26,438.51
- FTSE has dropped 0.22% at 9,256.41
- Euro Stoxx 50 is unchanged at 5,437.55
- DJIA closed Monday 0.11% at 45,883.45
- S&P 500 closed 0.47% at 6,615.28
- Nasdaq Composite closed 0.94% at 22,348.75
- S&P/TSX Composite closed 0.5% at 29,431.02
- S&P 40 Latin America closed 1.64% at 2,904.55
- US 10-year-old Treasury is unchanged to 4.037%
- E-MINI S&P 500 FUTURES have increased 0.19% at 6,633.75
- E-MINI NASDAQ-100 futures rose 0.29% at 24,380.00
- E-MINI DOW JONES Industrial Average Index is unchanged at 45,902.00
Bitcoin statistics
- BTC Dominance: 58.11% (unchanged)
- Ether to Bitcoin Relationships: 0.03907 (-0.36%)
- Hashrate (Seven-day sliding average): 1,025 EH/S.
- Hashprice (place): $ 53.98
- Total fees: 4.41 BTC / $ 508.109
- Cme futures open interest: 140,975 BTC
- BTC priced in gold: 31.2 oz
- BTC VS GOLD MARKET CAP: 8.82%
Technical analysis
- The monthly diagram shows that the BTC again examines the trend line connecting the previous Bull Market tops.
- Bulls could not establish a foothold over this trendline in July and August.
- A third equal failure could really Embolds sellers, potentially giving a deeper fall.
Crypto shares
- Coinbase Global (COIN): Closed Monday of $ 327.02 (+1.23%)+0.27% to $ 327.91
- Circle (CRCL): Closed to $ 134.05 (+6.97%)unchanged in the market
- Galaxy Digital (Glxy): Closed to $ 30.77 (+3.6%)+0.58% to $ 30.95
- Bullish (BLSH): Closed to $ 51.08 (-1.47%)+0.59% to $ 51.38
- Mara Holdings (Mara): Closed to $ 16.24 (-0.43%)unchanged in the market
- Riot platforms (RIOT): Closed to $ 16.68 (+4.97%)+1.08% to $ 16.86
- Core scientific (Corz): Closed to $ 16.32 (+2.9%)+0.37% to $ 16.38
- Cleanspark (CLSK): Closed to $ 10.29 (-0.58%)+0.1% to $ 10.30
- COINSHARES VALKYRIE BITCOIN MINERS ETF (WGMI): Closed to $ 38.73 (+3.78%)+1.96% to $ 39.49
- Exodus Movement (Exod): Closed to $ 27.88 (-1.69%)-1.94% to $ 27.34
Crypto Treasury Companies
- Strategy (Mstr): Closed to $ 327.79 (-1.1%)+0.34% to $ 328.89
- Semler Scientific (Smlr): Closed to $ 28.39 (-2.74%)
- Sharplink gaming (Sbet): Closed to $ 16.79 (-5.14%)+0.54% to $ 16.88
- Upexi (Upxi): Closed to $ 6.33 (-6.29%)+0.95% to $ 6.39
- Lite strategy (Lits): Closed to $ 3.07 (+10.43%)
Etf is flowing
SPOT BTC ETFS
- Daily net streams: $ 259.9 million
- Cumulative net streams: 57.05 billion dollars
- Collected BTC holdings ~ 1.31 million
SPOT ETH ETFS
- Daily net streams: $ 359.7 million
- Cumulative net streams: $ 13.74 billion
- Collected Eth Holdings ~ 6.53 million
Source: Father’s page -Investors
While you were asleep
