Solana’s DEX Triumph: 96% Churn & Eternal Hype!

Solana [SOL] and Ethereum [ETH] are dead, even in on-chain DEX volume. 🧟♂️🧟♀️

Solana [SOL] and Ethereum [ETH] are dead, even in on-chain DEX volume. 🧟♂️🧟♀️

But wait, there’s more! The Korea Advanced Institute of Science and Technology (KAIST) and the University of Engineering and Technology in Peru (UTEC) also crashed the party, because why not? This APMC shindig is basically Worldcoin’s way of saying, “Quantum computers? Bring it on!” 💪🔒

With analysts wielding their charts like divining rods, they point to a falling wedge pattern, a structure so poetic it mirrors the coin’s previous recovery phases. Broader market activity and whale positioning, those behemoths of the deep, will likely dictate the next momentum push. 🐋

AVAX’s price is now showing renewed vigor after a long August of consolidation, as if it’s finally shaken off the drowsy haze of summer. The 200-day EMA reclaim is a feat that even a seasoned poker player might admire for its strategic brilliance. 🃏 Trading Aloha notes this recovery is like a well-timed joke-unexpected but oddly satisfying.
This mind-boggler comes courtesy of analyst Brad Kimes on the Paul Barron Podcast, who suggests (with a wink and a nod) that XRP could one day be run like OPEC manages their crude empire. Admittedly, the idea sounds like the start of a bad joke-“A crypto, an oil baron, and a podcaster walk into a bar…”-but it might be less bonkers than you’d expect.
The tempest began with Clive Thompson, a digital bard of YouTube, who pored over the sacred texts of Tether’s auditor, BDO. He declared that Tether’s Bitcoin coffers had shrunk between the first and second moons of 2025. Behold the numbers, etched in stone:

Solana (SOL) was trading at a cozy $200 on September 6th, which is down 7.6% from its peak this month. But let’s not get too dramatic, folks, because this is still a whopping 100% above its lowest point this year. It’s like a roller coaster, but with fewer screams. 🎢

On the 6th of September, a whale draped in USDC silk deposited $14.53 million into Hyperliquid. Then, with the grace of a poet and the precision of a butcher, it opened a $29 million Solana [SOL] long at 2x leverage, acquiring 143,126 SOL. One might call it art; others might call it a midlife crisis. 🎨🔪
Once shackled by a mere “grandfathered” BaFin custody status-an affectionate phrase meaning “you used to be allowed”-Bullish has now swaggered officially under Europe’s crypto jurisdiction umbrella, which, one assumes, offers a cocktail of consumer protection, market integrity, and a dash of financial stability. How delightfully modern of us to regulate what was once the Wild West of finance.
To be rejected at $2.90 feels like the cruelest jest of fate, for such a fate might cast $XRP into the abyss of $2.70!