@JumpCrypto’s study reveals that propAMMs lower Solana ($SOL) trade costs significantly, with execution costs of 0.26 basis points versus 2.59 for public AMMs, raising concerns over passive liquidity returns. #Update #Crypto $SOL
The Aug. 28 Solana fee vote SGP-0003 failed despite 53.90% support, highlighting founder Anatoly Yakovenko’s influence over governance as abstentions impacted the outcome. #Update #Crypto $SOL
Bitcoin ($BTC) rose 1.6% to $108,997.53 and Ethereum ($ETH) gained 1.1% to $3,851.58; HYPE surged 12% on HyperLiquid’s $1B purchase plan. #Update #Crypto $BTC $ETH
Jupiter DEX launches a Kalshi-powered prediction market for the F1 Mexico Grand Prix, allowing users to bet on drivers’ outcomes with initial trading limits in place. #Update #Crypto $JUP
Jupiter price action signals a breakdown with a $0.41 target in play, indicating potential market shifts. #Update #Crypto $JUP (-3) ↘
Crypto investor Arthur Cheong holds $SOL, predicting higher prices in months; he participated in an OTC deal via @GalaxyDigitalHQ. #Update #Crypto $SOL (+3) ↗
Key DeFi developments suggest a potential altseason surge, with significant activity in decentralized finance and blockchain upgrades signaling increased interest in digital assets. #Update #Crypto $ETH (+4) ↗
