The Protocol: Solana Community Approves Alpenglow Upgrade
Welcome to The Protocol, CoinDesk’s weekly wrap of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, a reporter at CoinDesk. In this issue: Solana Set for Major Overhaul After 98% Votes to Approve Historic ‘Alpenglow’ Upgrade Ethereum Foundation to Unload Another 10K ETH Following SharpLink Deal...
Read More
BNB Gains 1.5% as Corporate Accumulation Eyes Larger Share of Supply
BNB rose nearly 1.5% in the last 24-hour period to test the $860 mark and is at near multisession highs after breaking key resistance zones in the upward move. The move came on unusually strong buying pressure in the most recent hour of trading, according to CoinDesk Research’s technical analysis...
Read More
HBAR Surges 3% as Volume Spikes Signal Breakout Potential
Hedera’s native token, HBAR, showed signs of bullish momentum over the past 24 hours, gaining 3% while weathering moderate market turbulence. Between September 2 at 15:00 and September 3 at 14:00, the digital asset advanced from $0.22 to finish near session peaks, with its trading range spanning 5% of...
Read More
Etherealize Raises $40M to Bring Ethereum to Wall Street
Etherealize, a startup developing infrastructure to help Wall Street institutions adopt Ethereum, has raised $40 million in Series A funding, co‑led by Electric Capital and Paradigm. The new capital builds on an earlier grant from Vitalik Buterin and the Ethereum Foundation and will help fund Etherealize’s push to develop...
Read More
Bullish Gets Cautious Outlook from Compass Point
Wall Street banking and research firm Compass Point has initiated coverage of crypto platform Bullish (BLSH), the parent company of CoinDesk, with a neutral rating and a $45 price target. Despite a belief that Bullish’s lower fee structure could help it chip away at Coinbase’s (COIN) U.S. market share...
Read More
MEXC’s Zero-Fee Futures Strategy Fuels Record Q2 Growth as Traders Pivot to Stablecoins and DeFi
MEXC, one of the world’s fastest-growing cryptocurrency exchanges, reported record growth in the second quarter of 2025 after rolling out a zero-fee campaign on high-demand futures pairs. The bold strategy, designed to reduce barriers to entry and capture market momentum, comes as the broader digital asset market continues to...
Read More
Maple plants syrupUSDC on Arbitrum as onchain leverage gains traction
Maple’s syrupUSDC now lives on Arbitrum, adding institutional-grade yield to the network’s lending stack. The launch layers native returns with ARB incentives, giving DeFi participants new ways to loop and optimize capital efficiency. According to a press release shared with…...
Read More
XRP Army Helped Sway SEC vs Ripple Case, Says Deaton
TL;DR Judge Torres cited XRP holder affidavits, the amicus brief, and Deaton’s oral argument in the final decision. Ripple’s legal team recognized the XRP community’s support and organized legal and public campaigns. Deaton Cites XRP Holder Input in Court Ruling Attorney John E. Deaton has pointed to direct involvement...
Read More
Tom Lee: Ethereum Could Reach $62,000 If It Hits This ETH/BTC Ratio
Tom Lee, Chief Investment Officer at Fundstrat Capital and Chairman of Bitmine (AMEX:BMNR) on Wednesday outlined how Ethereum (CRYPTO: ETH) could eventually be valued at $62,000 per token. What Happened: Speaking in a presentation, Lee broke down the case using historical price bases, the Ethereum-to-Bitcoin ratio, and the potential...
Read More
Cardano Secures The Crown: Now The Most Decentralized Blockchain On Earth – Here’s How
Since it was introduced in 2017, Cardano has maintained its position among the leading blockchains in the ever-dynamic world of cryptocurrency. Despite being a top blockchain for day-to-day activities, the team continues to make efforts in revolutionizing the network in order to become the ultimate choice for crypto operations....
Read More