📊 SOL Strategies heads to Nasdaq

SOL Strategies has secured approval to list on the Nasdaq Global Select Market under the ticker $STKE. Trading begins September 9.

➡️ Shares will continue trading on the Canadian exchange under $HODL
➡️ OTCQB listing ($CYFRF) will be discontinued
➡️ Conversion for investors will happen automatically, no action needed
➡️ CEO Leah Wald calls it recognition for both the company and the Solana ecosystem

A Solana-native player making it to Nasdaq signals how far the ecosystem has come — from chain experiments to Wall Street tickers.

🫡 Powered by Venture Capital

💎 Hyperliquid rewrites the rulebook

The exchange just dropped three updates that reshape its economics: trading fees slashed by 80%, a native stablecoin decided by community vote, and open token creation coming soon.

➡️ Spot trading fees near zero – a gift for arbitrageurs and HFT desks.
➡️ USDH stablecoin will be built by whoever wins an on-chain validator vote.
➡️ Any user will be able to launch tokens, with staking requirements as guardrails.

Cheap execution, community-owned dollar, and permissionless token listings – Hyperliquid is positioning itself as the closest thing to a decentralized Binance.

🫡 Powered by Venture Capital

📈 Corporates are stacking faster than miners can issue

Companies are now buying 1,755 BTC per day - that’s 4x the daily mining output of just 450 BTC. Supply pressure is being swallowed whole.

➡️ Global business share of BTC adoption has reached 6.2%
➡️ Average daily purchases in 2025: 1,755 BTC
➡️ Over 3,000 businesses now hold Bitcoin on their balance sheets
➡️ Top adopters include real estate, finance, and services industries

Business demand is no longer a side story — it’s outpacing new supply by a wide margin. That kind of imbalance doesn’t stay quiet for long.

🫡 Powered by Venture Capital

⏫ Top DeFi plays on Sui Network ($SUI)

Sui’s DeFi ecosystem is filling out fast, with lending, trading, and yield protocols already gaining traction. Here are the standouts:

➡️ Lending: Suilend ($SEND), NAVI Protocol ($NAVX), Bucket Protocol ($BUT)
➡️ Money Market: Scallop ($SCA)
➡️ Yield: AlphaFi ($ALPHA)
➡️ Trading: Bluefin ($BLUE)
➡️ Staking: Haedal ($HAEDAL)
➡️ DEX: Cetus ($CETUS)

From lending desks to DEX liquidity, Sui now has the full DeFi toolkit in place — the question is which product captures real volume first.

🫡 Powered by Venture Capital

📈 Altcoin pump on the horizon?

Last September, a 25 bps Fed cut set off fireworks - altcoin market cap (ex-BTC and ETH) more than doubled, jumping over 105%.

➡️Now markets are bracing for a similar move this September.

History doesn’t repeat, but traders never forget how fast liquidity can flow into alts when rates ease.

🫡 Powered by Venture Capital

⏫$MYX is up 1400% in just 3 days.

It’s a perp trading platform on BNB chain that nobody had heard of until now.

➡️Yet FDV sits at 16B against only 150M in perp volume and 30M TVL

Totally organic.

🫡 Powered by Venture Capital

🪙ETH treasury strain

A number of ETH treasury companies are now trading below their mNAV. That cuts off their ability to keep accumulating and raises the risk some may need to sell.

➡️ Structural buyers risk flipping into sellers
➡️ Market cap vs NAV gap is widening across multiple treasuries
➡️ Buying pressure is thinning at the same time supply risk grows

ETH needs inflows here. Without them, the treasury bid could turn into another source of downside.

🫡 Powered by Venture Capital

⚔️ Battle for $USDH

The race to launch Hyperliquid’s native stablecoin is heating up. Three proposals are already on the table:

➡️ Paxos – A regulated solution positioned for institutional adoption
➡️ Frax Finance ($FXS) – Fully regulated, 100% backed, supported by partners like BlackRock and Superstate
➡️ Agora – Collaborative and scalable infrastructure

Circle is also preparing to roll out native $USDC on Hyperliquid.

Proposals close September 10 at 10:00 UTC, with validators voting on September 14 between 10:00–11:00 UTC to decide who gets the $USDH ticker.

🫡 Powered by Venture Capital