News linked to both this project and an event.
Odaily reports: Crypto KOL Seven research posted that "right now, the vast majority of market makers and quantitative firms in the crypto market keep the bulk of their capital and main margin accounts on Binance. Many institutions engage in cross-exchange arbitrage or hedging, and Binance's suspension of withdrawals could cause their funding chains to seize up on the spot—if market volatility continues to intensify, they would be unable to withdraw funds from Binance to top up margin elsewhere. To avoid liquidation, they would be forced to close positions on other exchanges and on-chain, forcibly pulling cash back. This is also why, even though the assets stolen were Ethereum-ecosystem assets, Solana and a bunch of altcoins ended up crashing along with it today."
Odaily report: A wallet suspected to be associated with the Binance hack incident received tens of thousands of ETH through a Uniswap contract and borrowed 19,762 ETH on Aave using approximately $60 million in USDT as collateral. On-chain records do not show any vulnerabilities in Uniswap or Aave.As of 22:07 UTC, the two wallets held approximately 253,000 ETH, worth about $570 million, with no outgoing transfers recorded. Aave has paused the Ethereum mainnet V3 market, and Kamino has also paused borrowing in the SOL/BTC market; Ripple has frozen approximately $200 million in RLUSD, and more than $2 billion in USDT and USDC has been frozen by stablecoin issuers. (Decrypt)
According to Whale Alert, at 04:11 Beijing Time, 965,000 SOL (approximately $95.44 million) were transferred from Binance to an unknown new wallet.
据链上分析平台 Lookonchain（@lookonchain）监测，一名神秘巨鲸在过去 5 天内累计抛售 102 万枚 SOL，价值约 1.043 亿美元。
Solana ecosystem Meme coin free mika (MIKA) fell on October 28. Its genesis address transferred approximately 500.44 million tokens to another wallet, accounting for about half of the initial supply; about 7 seconds later, that wallet sold approximately 500.83 million MIKA on PumpSwap, and after the sale, the short-term trade price was about 99% lower than before. Some claim that the wallet nonce prevented the key holder from transferring funds, but the transfer used a normal recent blockhash, and it is currently still impossible to confirm whether the sale came from an external attack or an existing holder.
A Galaxy Research report shows that Meme coins' share of Solana trading volume has fallen from over 50% at the end of 2024 to 15%–20% in Q2 2026. In addition, SOL has declined nearly 20% year-to-date, and U.S.-listed spot and staked SOL ETFs recorded outflows for two consecutive weeks this month, totaling approximately $50 million. Meanwhile, Solana's share of on-chain perpetual contract trading volume has dropped from 17% to 6%. The Solana Foundation has reportedly issued a statement saying that Solana's transformation is underway, attempting to shift from a growth model reliant on Meme coins and speculative trading toward more mainstream financial applications such as stablecoins and tokenized assets, in a bid to win adoption from Wall Street institutions.However, with the crypto market downturn and the rise of competitors such as Hyperliquid, Solana faces challenges in transforming its growth model. Market analysts point out that the key to Solana's future lies in whether it can attract stable assets, developers, and users, rather than relying solely on speculative trading to drive growth. (Bloomberg)
Odaily reports: According to Onchain Lens monitoring, a Solana trader who has realized $8.23 million in profits has once again deposited 100 million PUMP to Binance, worth approximately $414,000. Over the past 6 days, this trader has deposited 300 million PUMP to Binance, worth approximately $1.31 million, possibly for selling.
According to SlowMist, its security personnel discovered during routine threat intelligence monitoring that the Udesk customer service system-related script udeskApi.2026-10-16.cached.js has been implanted with a malicious loader. The loader hides the address using hexadecimal encoding and asynchronously loads the remote script deeps.js (originating from udeskqlobal[.]com; note that the domain starts with the letter 'q'). This script reads page-accessible Cookie, localStorage, and sessionStorage data, intercepts form submissions and login/authentication requests, and sends the data to udeskqlobal[.]com/c.php, enabling attackers to hijack sessions or take over accounts. This data collection behavior is not restricted by target site policies, and unmatched pages may also be affected. According to SlowMist's analysis, the script also targets three categories of sites: mgbx[.]com, bikingex[.], and bitxex[.]io. It scans deposit pages every 200 milliseconds and replaces recognized deposit addresses with preset BTC, EVM, TRON, Solana, LTC, and DOGE addresses. Additionally, by wrapping the Clipboard API, replacing copy buttons, and intercepting copy events, the script ensures users only see and copy tampered addresses. If users transfer funds to these addresses, the assets will flow into the attacker's wallet.
According to Lookonchain monitoring, 3 wallets may belong to the same whale. Over the past 3 days, these wallets transferred 482,200 SOL, worth $49.17 million, in preparation for sale; so far, 171,400 SOL worth $17.3 million has been deposited to exchanges.
According to Upbit's official announcement, Upbit will list the Bubblemaps (BMT)/KRW trading pair today at 11:00 Beijing Time, supporting deposits and withdrawals on the Solana network. According to the announcement, buy orders will be restricted for the first 5 minutes after trading opens, and sell orders more than 10% below the previous day's closing price will also be restricted; only limit orders will be supported for approximately the first 2 hours. If liquidity is insufficient, the trading opening time may be delayed.
Odaily reports: U.S. spot Bitcoin ETFs saw a net outflow of $635.6 million on Thursday, the largest single-day net outflow since June. Among them, BlackRock's IBIT saw a net outflow of $254.1 million, Fidelity's FBTC saw a net outflow of $217.5 million, and Ark Invest and 21Shares' ARKB saw a net outflow of $109.4 million. Morgan Stanley's MSBT bucked the trend with a net inflow of $2.3 million; since its launch in April this year, the fund has recorded only one single-day net outflow.Despite the large outflow on Thursday, U.S. spot Bitcoin ETFs still recorded cumulative net inflows of $442.7 million this week. Since their launch in January 2024, such ETFs have accumulated more than $57 billion in net inflows, with assets under management exceeding $100 billion. Meanwhile, U.S. spot Ethereum ETFs saw a net outflow of $110.6 million on Thursday, Solana and Hyperliquid ETFs also saw outflows, while XRP ETFs recorded a net inflow of $3.6 million.In the market, Bitcoin fell to about $81,500 at one point on Friday, down 3.4% over the past 24 hours. The selloff in U.S. tech stocks spread to Asian markets, compounded by concerns over AI spending and geopolitical tensions, weighing on crypto market performance. Over the past 24 hours, liquidations of leveraged positions in the crypto market totaled at least $440 million, of which about $397 million were long liquidations. Jeff Anderson, head of STS Digital's U.S. division, said the market has recently remained in a trading range of $80,000 to $86,000, and attention should be paid to the direction of a breakout from the range. (The Block)
GMX 🫐 posted on X that it has opened the Builder Fees mechanism on Solana, allowing third-party developers to build trading interfaces, route orders, or create automation tools and charge fees from each position order submitted by users. Developers need to publish fee rates on-chain, and traders sign the rate in each order; the fee is added on top of the standard trading fee and calculated based on position changes. For example, when a position is increased by $1,000 and the fee rate is 0.01%, $0.10 is charged, with final settlement to the developer's claim vault. Orders submitted through developer interfaces will use the same liquidity pools, oracle prices, and price impact rules as other orders. Builder Fees apply to market and limit orders for increasing positions, decreasing positions, and stop-loss position reductions, but do not apply to swaps, liquidations, or ADL.
according to Onchain Lens monitoring, PUMP FUN transferred 129,800 SOL worth $14.06 million from its fee wallet to Kraken.
Bastion Trading, a major shareholder holding approximately 9.99% of SkyAI (Nasdaq: SKYA), has issued a statement demanding that Executive Chairman Paul K. Danner III and several directors publicly explain the decision-making process behind the liquidation of the company's entire SOL reserve and the approval of the cash tender offer, and calling for a higher offer price and stronger disclosure of conflicts of interest. Bastion Trading noted that SkyAI launched its tender offer on October 16, 2026, but failed to adequately address its previously raised corporate governance concerns; just one month earlier, the company had still stated that it held more than 2 million SOL and reaffirmed its Solana digital asset treasury (DAT) strategy.Bastion Trading demands that the tender offer price be raised from $3 per share to at least $3.5 per share, and that the maximum acquisition ratio of pre-funded warrants be increased from 95% to 100%; it also requires that strategic advisor warrants be excluded from the scope of the offer, that the securities and potential gains held by directors, officers, and related parties be disclosed, and that information including the SOL sale transactions, the company's balance sheet, and the basis for the tender offer pricing be published. The firm also stated that if directors cannot demonstrate that they fulfilled their independent oversight duties, they should resign voluntarily; otherwise, a special shareholders' meeting should be convened to let shareholders decide the composition of the board. The above content represents demands unilaterally raised by Bastion Trading, and the relevant response from SkyAI's board has not been reflected in the provided materials. (Globenewswire)
According to a Noah announcement, Western Union has selected it as its global stablecoin payment infrastructure provider, deploying an underlying on-chain banking network for the Receiver Redirect service that supports over 60 currencies across more than 200 countries and regions. Built on Western Union’s US dollar stablecoin USDPT (issued by Anchorage Digital Bank on Solana), the service leverages Noah’s infrastructure to handle pre-funding, conversion, and fund disbursements. Users can remit funds through Western Union’s global network of over 500,000 agent locations, while recipients can receive USDPT into their Western Union wallets and store related stablecoin assets via Stablecard.
Odaily reports: According to Onchain Lens monitoring, a Solana trader bought 19.2 million KIMCHI for $8,790 and then sold all of it for $264,600, making a profit of $255,900, a return rate of 2897%, realizing approximately a 30x gain. Their average buy market cap was $455,190, and their average sell market cap was $13.7 million. They currently do not hold any KIMCHI.
according to Lookonchain monitoring, a whale is selling SOL, having deposited 240,000 SOL worth $25.3 million to Binance, OKX, and Bybit over the past 24 hours.
Odaily reports: According to on-chain analyst Ai Yi, the well-known Solana trader Kimchi (Gs5F...GYeX), who is rumored to have profited over $40 million from TRUMP, withdrew 1.35 billion PUMP tokens worth $6.43 million in the past 3 hours. Today, the market cap of the token sharing his name, Kimchi, briefly reached $40 million; Kimchi himself holds 75.32% of the token's total supply. Pump.fun co-founder @a1lon9 confirmed a partnership between the two parties and stated that Kimchi is helping Pump.fun shape its creative direction.
According to on-chain analyst Auntie Ai (@ai_9684xtpa), the Solana on-chain address Bgcek…cKhQF purchased $849.29 worth when the meme coin $Kimchi had a market capitalization of just $85,700, then added another $160.2 investment as the market cap climbed to $35.5 million, bringing the total investment to approximately $1,009 with an average cost as low as $0.0001 per token. On-chain data reveals that the address has sold half of its holdings, realizing $111,000 in profits, while the remaining position shows an unrealized gain of $162,000, bringing total returns to approximately $273,000.
Odaily reports: Solana-based meme coin Kimchi reached a market cap of $40 million one hour after launch, currently at $38.71 million, with trading volume reaching $23.7 million. Kimchi (@kimchi1x) currently holds 75.32% of the total supply of this meme coin. This trader rarely posts trading records or calls, mainly sharing photos and videos related to lifestyle, travel, luxury cars, and watches.Pump.fun co-founder alon stated that Kimchi is the first person to truly bridge the gap between the crypto industry and popular culture, and the first case of a trader growing into a public celebrity. alon said that Kimchi is helping Pump.fun develop creative direction and drive ecosystem expansion.