Solana adoption is under scrutiny: Cardano SPO Dave argues that bots inflate the network’s transactions per second (tps). But it’s not all doom and gloom. Supporters counter that even after filtering out failed consensus transactions, Solana’s throughput remains impressive. Plus, with more $SOL ETFs entering the market, the network is securing institutional confidence worldwide. For projects like Snorter Token ($SNORT), this is a major boon. The reason is that once its Telegram trading bot launches on Solana, it’ll benefit from a fast, cost-friendly network that’s increasingly attractive to mainstream investors. Cardano SPO Slams Solana for 99.95% Failed Transactions In a recent X post, Dave claimed that Solana’s low fees have created the ultimate ‘face it till you make it’ environment. He pointed out that a single bot sent nearly 11M transactions in just 30 days, 99.95% of which failed. His biggest concern is that those transactions don’t just disappear; they stay on the ledger, permanently clogging the chain. In turn, this increases the burden on the explorers and analysts’ platforms that depend on clean data. The post received a mixed bag of responses. One user, however, defended Solana by highlighting how ‘Solana just increased its block size from 50M CUs to 60M,’ so it has even more room. Cyber Capital’s Justin Bons also pushed back on ‘fake usage’ claims. He argued that, even excluding failed and consensus transactions, Solana still leads in processing capacity and that ‘SOL adoption is real.’ Notably, Kazakhstan’s Astana International Exchange recently listed a Solana ETF, marking the first $SOL ETF with staking in Central Asia. So, despite the skepticism, the blockchain’s still gaining legitimacy and expanding adoption. This is especially true when considering that just weeks ago, VanEck filed for a spot Solana ETF backed by JitoSOL. For $SNORT, this is further confirmation that the chain its Telegram trading bot will run on from the get-go isn’t just fast and cost-friendly but also has institutional recognition. It provides a strong foundation for Snorter Bot’s growth and adoption. Snorter Bot Leverages Solana’s Speeds – 546x Faster than Ethereum Snorter Token will first launch its bot on Solana, allowing you to benefit from low fees (just 0.85%) and enjoy average speeds of 923 tps, with a maximum throughput of 65K tps. In contrast, Ethereum averages only 19.87 tps with a theoretical maximum of 119 tps. This makes Solana 546x faster and far more cost-effective for executing trades through the bot. Snorter Bot even goes as far as to say that it offers the lowest fees and fastest execution on Solana and, thus, overrides rival bots like Maestro and Trojan. Although Solana is faster and cheaper than Ethereum, it also plans to support this network and other major networks like BNB Chain and other EVM-compatible chains. By doing so, it’ll offer you access to various trading opportunities beyond the best Solana meme coins. Across all chains, you’ll eventually be able to swap and automatically snipe new tokens. You’ll also be able to partake in copy trading to mirror top traders’ techniques to boost your likelihood of returns. And all will be doable without putting your funds at risk; Snorter Bot promises to be MEV-protected and include honeypot and rug-pull detection alerts. To support such developments, you can purchase $SNORT on presale. To top it off, you’ll be adorned with leaderboard rewards, DAO voting power, and staking yields of 123% APY. $SNORT Anticipated to Surpass $1 This Year Although Dave criticized Solana for its TPS stats being ‘pure vanity,’ the blockchain is still one of the fastest and most cost-effective. Plus, with growing institutional validation through ETFs, the blockchain’s legitimacy expands its reach beyond Web3 users. This backdrop is perfect for $SNORT. As it prepares to launch its trading bot on Solana, it can capitalize on the network’s benefits and rising credibility before expanding cross-chain to appeal to all traders. To support and get the most out of the Snorter ecosystem, you can purchase $SNORT on presale for as little as $0.1037. Acting now could yield the highest returns; it’s anticipated to break the one-dollar mark this year, after being listed on the best crypto exchanges. Check out our comprehensive Snorter guide for more information. This isn’t investment advice. Always DYOR and never invest more than you’re willing to lose. Authored by Aaron Walker, NewsBTC – https://www.newsbtc.com/news/solana-and-snorter-pump-despite-tps-criticism/
Kazakhstan's push for a national crypto reserve could position it as a leader in digital finance, fostering innovation and economic growth.
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Tom Lee, head of research at Fundstrat Global Advisors and chief investment officer at Fundstrat Capital, said on Monday that Bitcoin could climb to $200,000 before the end of 2025. Speaking on CNBC’s Squawk Box, Lee argued that the Federal Reserve’s upcoming policy decisions will be critical for the path of cryptocurrencies. “Bitcoin and cryptocurrencies …
The asset manager's proposed GLNK ETF would convert its existing LINK trust and could include staking if approved.
XRP price has been surging steadily against Bitcoin in recent weeks, suggesting a positive outlook for XRP price prediction. September is usually a weak month for Bitcoin and other top cryptocurrencies, but XRP might stand out and perform better than the rest. The main reason is that the SEC is expected to approve XRP ETFs …
Under the firm's new CEO Akshay Naheta, Bakkt has shed its custody arm and is selling off its legacy loyalty business, the report said.
The firm is targeting an early 2026 launch, backed by investors such as Shopify, Wealthsimple and National Bank.
BitMine has crossed a new milestone, building its Ethereum reserves to more than 2 million ETH and solidifying its role as the largest corporate holder of the asset. The company announced on Sept. 8 that its balance sheet now exceeds $9.21 billion, split between holdings of 2,069,443 ETH, 192 Bitcoin, and $266 million in cash. These […]
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The crypto exchange received two buys, one market-perform, and one neutral rating from Wall Street analysts.
CoinShares' Nasdaq debut could enhance global digital asset market credibility, attracting more institutional investors and fostering industry growth.
The post Digital asset giant CoinShares to go public on Nasdaq in $1.2 billion SPAC deal appeared first on Crypto Briefing.
Crypto analyst DOGECAPITAL has predicted that the Dogecoin price could rally above $10. He revealed that the foremost meme coin needs to have a decisive break above a particular level for it to record this parabolic run to the upside. Dogecoin Price Eyes Rally To $10 Based On Cycle 3 Expectations In an X post, DOGECAPITAL indicated that the Dogecoin price could rally to $10 based on historical cycle patterns. He noted that in Cycle 3, which is the current cycle, DOGE has already crossed critical price levels and is now approaching the $0.30 range again. The analyst claimed that if the pattern continues, a decisive break above this level could ignite the next parabolic run. Related Reading: Can Dogecoin And Shiba Inu Prices Recover? What To Expect In September This prediction came as DOGECAPITAL revealed that the Dogecoin price monthly chart reveals a recurring pattern in its price action across each major cycle. He further noted that in every cycle, bullish momentum tends to ignite as the DOGE price nears the intersection of the green and red lines. The analyst added that a parabolic rally typically follows once the price breaks above the yellow line. DOGECAPITAL noted that, in Cycle 1, the Dogecoin price surged 9,221% almost immediately after crossing the green/red line intersection. Meanwhile, in Cycle 2, a similar setup led to a more parabolic rally of over 24,617% for the meme coin after the same crossover. Now, in Cycle 3, DOGE has crossed the green and red lines and is now looking to break above the yellow line for a parabolic rally beyond $10. DOGECAPITAL stated that historically, each bull run has outperformed the last. He alluded to factors such as growing adoption, less inflation, rising institutional interest, and ongoing technological advancements as what could spark a greater rally in this cycle than the previous ones. A Rally To A New ATH Is Imminent In an X post, crypto analyst Kevin Capital suggested that a Dogecoin rally to a new all-time high (ATH) is imminent. He noted that DOGE monthly Stoch RSI crosses during bear markets and bull markets have produced very predictable price action in the past. The analyst added that if the macro continues to align the way it is currently, then it will remain predictable, hinting at a rally to the upside. Related Reading: Dogecoin Price Risks Crash Below $0.1, But Can Bulls Facilitate This 800% Rally To $1.82 First? Kevin Capital noted that the stars need to align not just from a technical analysis perspective, but also in relation to monetary policy expectations and macroeconomic data. From a fundamentals perspective, it is also worth mentioning that the first spot Dogecoin ETF could launch this week after Rex-Osprey teased about the launch last week. At the time of writing, the Dogecoin price is trading at around $0.23, up over 7% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
Weaker payroll figures and improving U.S. rate cut prospects failed to bolster sentiment, Head of Research James Butterfill said.
Bitcoin price has been trading in a tight consolidation range, leaving traders wondering whether the next move will be a strong breakout or a deceptive fakeout. After weeks of sideways price action, market participants are closely watching key support and resistance levels for signs of momentum. With sentiment shifting and trading volumes fluctuating, every move …
MoonPay, Agora, Paxos, Frax and others are challenging Stripe’s Bridge proposal to issue Hyperliquid’s USDH stablecoin, pushing for community rewards.
USDD, a fully decentralized stablecoin pegged to the US dollar, has officially been deployed natively on Ethereum, the largest Layer 1 blockchain. Tron founder Justin Sun celebrated the milestone, noting that users now have a fully decentralized stablecoin option on Ethereum. The decentralized stablecoin USDD has finally arrived on Ethereum! From now on, everyone has …
Professors and teachers are meeting the challenge of AI in the classroom by changing their methods.
The deal with Vine Hill Capital, which values CoinShares at $1.2 billion, will allow the company to be listed on the US Nasdaq Stock Market.
U.S. spot Ethereum ETFs have posted about $1 billion in net outflows, days after taking in roughly $1.4 billion during the prior week. The swing centers on primary market creations and redemptions that have become the main conduit for institutional ETH exposure in the U.S. Per SoSoValue’s U.S. ETH ETF dashboard, cumulative net outflows across […]
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The SEC’s proposed generic listing standards could streamline crypto ETF approvals from 240 days to just 60-75 days, opening doors for altcoin funds.
Eightco's strategic pivot to Worldcoin could redefine digital asset reserves, influencing broader market adoption and trust in crypto initiatives.
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The deal values CoinShares at $1.2 billion pre-money, positioning it as one of the largest publicly traded digital asset managers.
Nasdaq filed a rule change to allow tokenized versions of listed stocks and ETFs to trade on the order book used by traditional shares.
Grayscale Investments has filed fresh paperwork with the US Securities and Exchange Commission (SEC), seeking to convert its Chainlink Trust into an exchange-traded fund ETF). The filing, submitted Sept. 5, would allow the $28.7 million vehicle to trade on NYSE Arca under the ticker GLNK once approved. The company said the shift is designed to […]
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Solana (SOL) was also among the top performers, gaining 4.5% over the weekend.
This partnership could significantly influence digital trust systems and reshape treasury strategies by integrating blockchain technology.
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BMNR also announced a $20 million investment in Eightco Holdings (OCTO), which plans to hold worldcoin (WLD) as its primary treasury asset.
Crypto markets head into what could be a regime-setting macro week as “this week could reshape everything for the Fed and markets,” warned the @_Investinq account in a weekend thread that laid out a dense sequence of US macro catalysts landing between Tuesday and Friday. While the posts weren’t about crypto per se, the chain of events they describe—labor‐market revisions, wholesale and consumer inflation, jobless claims, energy inventories, and consumer expectations—map almost one-for-one onto the key drivers of the US dollar and Treasury yields. Those, in turn, are the two macro levers that most reliably move digital assets, with bitcoin historically trading inversely to both the dollar and real yields. Crypto Volatility Alert: Fed’s Make-Or-Break Data Week Is Here The week opens with an unusually consequential Tuesday: at 10:00 a.m. ET on September 9, the US Bureau of Labor Statistics will publish its preliminary benchmark revision to March 2025 payrolls alongside the QCEW. This is the annual “fact check” of the establishment survey that anchors jobs data to unemployment-insurance tax records covering more than 95% of payroll jobs. BLS has already flagged the timing; outside research shops have spent weeks priming markets for a significant down-adjustment. Goldman Sachs estimates a reduction on the order of 550,000 to 950,000 jobs for the twelve months through March 2025—potentially the largest 12-month markdown since 2010—an expectation echoed across several market digests and news outlets. Related Reading: Crypto Bull Run: Probability Of Fed Rate Cuts In September Almost At 100% The context matters: last year’s preliminary benchmark for March 2024 carved 818,000 jobs off previously reported totals, the biggest hit since the Great Financial Crisis, and it drove a reassessment of labor momentum into the fall. @_Investinq framed it this way: “Think of it as a yearly ‘fact check’ on job growth.” For crypto, a sizable downward revision would validate the “growth-is-slowing” narrative now feeding rate-cut bets into the September FOMC, a backdrop that has historically coincided with softer USD and more supportive cross-asset liquidity. Wednesday morning brings the wholesale inflation check. July’s Producer Price Index re-accelerated to +0.9% m/m and +3.3% y/y, with “final demand” goods up 0.7% and services up 1.1%; the BLS singled out a near 39% jump in fresh and dry vegetable prices and noted that financial services, lodging, and airfares contributed to the services surge. Under the hoods, “core PPI” ex-food and energy rose 0.9% m/m and 3.7% y/y, while the broader trimmed core (excluding food, energy and trade services) advanced 0.6% m/m and 2.8% y/y. @_Investinq cautioned: “Both goods and services are running hot, making it harder for the Fed to dismiss inflation.” Another firm print for August PPI would stiffen the dollar, push up yields, and typically pressure rate-sensitive risk assets—including high-beta crypto. Conversely, a cool-down would ease those headwinds. The August PPI is due Wednesday, Sept. 10 at 8:30 a.m. ET. Energy is the second macro input mid-week. The EIA Weekly Petroleum Status Report hits Wednesday at 10:30 a.m. ET. Draws in crude stocks tend to push oil higher at the margin; higher energy costs feed directly into headline inflation and indirectly into core via transport and production costs. That’s not a crypto-specific datapoint, but it shapes inflation expectations and, by extension, real-yield dynamics that crypto trades against. All Eyes On The CPI The main event is Thursday’s Consumer Price Index, the last inflation read before the Fed’s September 16–17 meeting. In July, headline CPI rose +0.2% m/m and +2.7% y/y, while core CPI ticked up to 3.1% y/y from 2.9%, with sticky categories including shelter, healthcare, recreation, and auto insurance offsetting cheaper energy. “This CPI is the final inflation report before the September Fed meeting,” @_Investinq reminded followers. The August CPI lands Thursday, Sept. 11 at 8:30 a.m. ET. A softer-than-expected print would strengthen the case for a larger policy move, while a surprise re-acceleration—particularly in services—could cap a dovish reaction even if the Fed still cuts. For digital assets, the sign of the surprise matters: cool CPI tends to mean a weaker dollar and flatter real yields, both historically constructive for Bitcoin and the entire crypto market; hot CPI often does the opposite and usually hits altcoins hardest. Also Thursday at 8:30 a.m. ET, weekly jobless claims arrive—a high-frequency pulse on labor slack. “Low claims = strong labor = hawkish Fed. Rising claims = cracks in labor = dovish tilt,” as the @_Investinq thread put it. Markets increasingly treat this series as a tie-breaker when inflation is ambiguous. Officially, the Labor Department’s unemployment-insurance release hits every Thursday morning at 8:30. Friday closes with the University of Michigan preliminary September sentiment and inflation expectations at 10:00 a.m. ET. August sentiment fell to 58.2 (final) from 61.7, while 1-year inflation expectations rose to 4.8%, up from 4.5% in July—what the @_Investinq thread labeled a “toxic combo” of weaker mood and firmer expectations. Related Reading: Spot Crypto Trading Gets Major Green Light From US Regulators The Fed watches expectations closely because they tend to shape wage/price behavior; for crypto, higher expected inflation can be a double-edged sword: if it lifts yields and the dollar it’s a near-term drag, but in more extreme risk-off episodes it has also coincided with flows into “anti-debasement” narratives around BTC and gold. FOMC Looms Over Crypto All of this lands in a Fed blackout window ahead of the September decision. The FOMC calendar confirms a September 16–17 meeting, and after Friday’s soft jobs report (nonfarm payrolls +22,000, unemployment 4.3%), several banks moved to price in a cut, with some houses openly debating 25 vs 50 basis points depending on the CPI/PPI path this week. That debate is exactly why “a small decimal swing here could shift trillions,” as @_Investinq put it. From a crypto-specific lens, the distinction matters: a standard 25 bps cut with benign inflation likely weakens the dollar modestly and supports Bitcoin and crypto on the margin; a surprise-large 50 bps cut on the heels of large jobs revisions would underscore growth risk and could flatten the entire curve. The immediate setup therefore looks binary for crypto assets. If Tuesday’s benchmark revision is large and Thursday’s CPI cools, the “USD down / yields down” impulse that crypto likes could reassert into the FOMC, potentially reinforcing a swing back to net inflows into crypto asset funds after episodic outflows in late August. If, however, PPI and CPI print hot, expect the dollar bid to harden, real yields to back up, and the pressure to fall disproportionately on high-beta altcoins while bitcoin’s relative strength—and spot ETF demand—acts as a cushion. As @_Investinq summarized, “This week isn’t just data, it’s the Fed’s last look before September… and markets will trade every decimal.” For crypto, that translation is straightforward: every tenth of a percentage point in PPI/CPI and every hundred thousand jobs in the benchmark revision will be read through the dollar–yields prism and priced first into BTC liquidity, then into altcoin beta. The calendar is set; the pivots will be macro. At press time, the total crypto market cap stood at $3.82 trillion. Featured image created with DALL.E, chart from TradingView.com
Nasdaq has filed for a rule change with the SEC that would allow regulated exchanges in the US to trade tokenized stocks.
The Solana crypto is riding an ascending trendline on the daily chart, mesmerizing traders while it continues to attract institutional attention. Just recently, the SOL price reacted strongly to the latest announcement from Forward Industries Inc. The company disclosed a $1.65 billion private placement in cash and stablecoins dedicated to building a Solana-based treasury strategy, …
DOGE is up 7% in the past 24 hours as anticipation of a spot ETF launch builds.