Elon Musk’s lawyer Alex Spiro is set to chair a planned $200 million Dogecoin treasury company backed by House of Doge, as memecoin treasury vehicles begin to emerge.

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XRP’s slow push into institutional finance just picked up another backer.

Data-focused blockchain firm Flare announced on Friday that Everything Blockchain Inc. (OTC: EBZT), a U.S.-listed company, has signed a memorandum of understanding to adopt its XRP finance (XRPFi) framework for corporate treasury yield.

The move comes months after Nasdaq-listed VivoPower International PLC (NASDAQ: VVPR) committed $100 million in XRP to Flare’s ecosystem, making EBZT only the second public company to do so.

The agreements mark early steps in Flare’s effort to turn XRP — historically a non-yielding asset — into a productive instrument for institutions.

At the center of the framework is Flare’s “FAssets” system, a trustless bridge that gives smart contract functionality to tokens like XRP and bitcoin. Combined with Firelight, Flare’s restaking layer, the setup lets companies convert XRP into FXRP and allocate it across decentralized lending, staking and liquidity protocols.

“XRP, now a roughly $150 billion asset, has been a cornerstone of digital finance for more than a decade, yet institutions have had few ways to make it productive,” said Hugo Philion, Flare’s co-founder and CEO.

“Flare changes that by enabling a compliant, on-chain, non-custodial yield framework designed for corporate treasuries. With VivoPower and now Everything Blockchain, public companies are validating that XRPFi is not just a concept but an emerging institutional standard,” he added.

EBZT framed its decision as part of a broader shift in how public companies treat blockchain assets.

“This is about unlocking the true financial utility of digital assets like XRP, not just as speculative holdings, but as yield-bearing instruments that can compound over time,” said Arthur Rozenberg, the company’s CEO. “Flare gives us the rails to do this in a way that meets the governance, security, and auditability standards required of public companies.”

For now, the XRPFi push remains small in dollar terms relative to bitcoin or ether-based treasury pilots.

But two listed companies publicly adopting the model in under a year gives XRP a new narrative: less about speculation, more about yield, and potentially a step toward more mainstream corporate balance sheets.

Stellar’s native token XLM came under heavy institutional selling pressure in the latest trading session, falling from $0.39 to $0.36 between August 28 at 3:00 p.m. and August 29 at 2:00 p.m. ET. Market data shows more than 41.89 million XLM changed hands, with volumes surging as large holders reduced exposure.

Despite the pressure, Stellar’s enterprise push remains intact. The Stellar Development Foundation reported the network is approaching 10 million registered accounts, boosted by daily growth of 5,000–6,000 new corporate wallets. Strategic partnerships with MoneyGram International and Circle Internet Financial continue to drive adoption of Stellar’s payment rails in cross-border finance.

Analysts highlighted sharp intraday swings on August 29, when XLM dropped 1.38% between 1:26 p.m. and 2:06 p.m., before institutional buyers reentered the market. The token recovered 1.27% during the 15-minute window that followed, closing the session at $0.361 after briefly touching $0.357.

A spokesperson close to Stellar’s corporate strategy stressed that the market turbulence was sentiment-driven rather than a reflection of business fundamentals. The late-session bounce suggested some large buyers viewed the decline as a buying opportunity, underscoring confidence in Stellar’s long-term role in blockchain-based financial infrastructure.

Technical Market Indicators Signal Mixed Corporate Sentiment

• XLM posted a 7.74% decline from $0.39 to $0.36 during the August 28-29 trading period.
• Daily trading range reached $0.031 between session high of $0.387 and low of $0.356.
• Peak selling activity occurred during morning European trading hours on August 29 with volume exceeding the 24-hour average of 41.89 million units.
• Technical resistance established near $0.373 level as institutional buyers remained cautious.
• Support levels identified at $0.375 and $0.362, with the lower threshold showing stability during final trading hours.
• Elevated trading volume during the decline indicates potential institutional accumulation strategies.
• Intraday price range of $0.005 during the final 60-minute trading period demonstrates continued market interest.
• Support at $0.357 attracted institutional buying interest before session close.
• Final hour recovery of 1.27% on volume exceeding 2 million units suggests corporate treasury departments may be accumulating positions.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

Grayscale filed S-1s for Polkadot and Cardano ETFs, expanding its altcoin lineup after earlier 19b-4 filings with Nasdaq and NYSE Arca.

The post Grayscale files for Polkadot and Cardano ETFs following earlier 19b-4 moves appeared first on Crypto Briefing.

The lawsuit's dismissal may bolster investor confidence in the company's Bitcoin strategy, despite past unrealized losses and market volatility.

The post Strategy investors dismiss lawsuit against the company over $6B Bitcoin unrealized loss appeared first on Crypto Briefing.

The Tron (TRX) network has made headlines by approving a significant reduction in transaction fees, cutting them by up to 60% following a majority vote within the community, as rising fees have been seen as a barrier to user participation and ecosystem development.

Fee Adjustments On Tron

The proposal to lower fees was driven by rising transaction costs that have accompanied an increase in TRX’s value, the network’s native token, which has doubled since 2024. 

The proposal alleged that while higher fees are essential for the Tron network’s overall security and stability, they have also eroded Tron’s competitive edge, making it imperative to adjust them. 

The increase in TRX prices has led to a corresponding rise in fees for transactions, particularly affecting Tether’s USDT stablecoin and other contracts on the platform. 

As a result, the earlier 50% reduction in energy unit prices, established by a previous proposal, has been negated, prompting this latest response from the Tron Super Representative community.

As of this writing, TRX trades at $0.33, up by 107% year-to-date, being in the top performers in the cryptocurrency market during the same period, outpacing tokens like Bitcoin (BTC), Ethereum (ETH) and other altcoins such as Solana (SOL) and Cardano (ADA). 

Short-Term Profit Impact Expected

Justin Sun, the founder of Tron and a prominent figure in the crypto space, announced this decision on social media platform X (formerly Twitter). He highlighted that the upcoming fee reduction will be the largest fee cut since the network’s inception back in 2017 along with the TRON Foundation. 

Sun alleged that in the short term, this reduction is expected to impact the networ’s profitability, given that the network relies on transaction fees as a primary revenue source. 

However, Sun expressed confidence that the long-term benefits would outweigh these initial drawbacks. By encouraging increased user engagement and higher transaction volumes, Tron aims to foster a more vibrant ecosystem that ultimately enhances profitability.

To ensure that the fee structure remains competitive and sustainable, the network’s Super Representative community plans to conduct quarterly reviews of network fees. 

These assessments will take into account various factors, including fluctuations in TRX prices, levels of network activity, and overall growth rates. In his social media post, Sun further stated: 

On August 26, 2025, the Tron Super Representative community proposed to reduce Tron network fees by 60%. This is the largest fee reduction since the founding of the Tron network. The proposal has already passed and will take effect at 20:00 (GMT+8) this Friday

Featured image from DALL-E, chart from TradingView.com 

European crypto asset manager CoinShares has released its second-quarter results, showing a net profit of $32.4 million. The figure, while slightly down 5.3% from the prior quarter, represents a 1.9% increase year-over-year, supported by growing management fees, improved treasury performance, and strong momentum in physically backed products.

The company attributed the results to a surge in digital asset prices and rising institutional inflows. Bitcoin and Ethereum advanced by 29% and 37% during the quarter, pushing CoinShares’ assets under management (AUM) to $3.5 billion, a 26% increase from the previous quarter.

This growth came despite continued outflows from its legacy derivatives-based products, highlighting shifting investor preference toward physically backed exchange-traded products (ETPs).

Financial Performance and Market Drivers

According to the company’s Q2 earnings report, asset management fees generated $30 million, compared with $28.3 million in the same period last year. Capital markets income came in at $11.3 million, slightly below the $14.6 million posted in Q2 2024, while adjusted EBITDA reached $26.3 million.

Basic earnings per share stood at $0.49, marginally above the $0.47 a year earlier. CoinShares’ spot crypto ETPs attracted $170 million in net inflows, the second-highest on record, driving much of the growth in AUM.

These inflows were boosted by the integration of Valkyrie ETFs into the CoinShares brand after last year’s acquisition. In addition, the firm’s proprietary BLOCK Index rose 53.7%, outperforming leading equity benchmarks, reflecting broader strength across digital asset markets.

Within its capital markets division, Ethereum staking contributed $4.3 million, while delta-neutral trading strategies and lending added $2.2 million and $2.6 million, respectively. Liquidity provisioning generated $1.5 million, a slight dip compared with earlier quarters.

The company’s treasury also swung back into positive territory, with $7.8 million in unrealized gains, compared with a $3 million loss in Q1 and a $0.4 million loss in the same period last year.

Chief Executive Officer Jean-Marie Mognetti noted that the quarter demonstrated resilience across all business units: “We saw a significant recovery in digital asset pricing. While average prices across Q1 and Q2 were relatively similar, we closed H1 2025 with strong AUM and a favorable outlook.”

Strategic Expansion and US Listing Plans

Looking ahead, CoinShares is positioning itself for further growth, with plans to pursue a US stock exchange listing. The company is currently listed on Nasdaq Stockholm but sees the US as a market offering greater liquidity, higher valuations, and stronger investor appetite for digital asset firms.

“The move from Sweden to the US will unlock substantial value for shareholders by entering a market with significant breadth and depth,” Mognetti said, pointing to recent listings by Circle and Bullish, which experienced strong demand and immediate share price gains.

The company also highlighted a supportive policy environment in the US, citing recent legislative progress and an administration signaling openness to crypto innovation.

Mognetti said clarity on the timing of the listing should be available within this quarter, with the firm aiming to capitalize on current momentum in both digital asset markets and regulatory developments.

Featured image created with DALL-E, Chart from TradingView

Bitfinex-backed Plasma announced a strategic partnership with EtherFi on Aug. 29, positioning the stablecoin-focused neobank as a day-one launch partner for the blockchain’s mainnet beta.

EtherFi will transfer over $500 million from its Ethereum (ETH) staking vault to Plasma’s platform, providing liquidity for stablecoin-backed yield strategies.

The collaboration integrates EtherFi across Plasma’s DeFi ecosystem, providing users with additional collateral options for lending and borrowing while offering access to ETH-backed yield products.

Plasma’s announcement emphasized how the partnership complements both platforms’ objectives in the stablecoin infrastructure space. The protocol stated:

“Stablecoins give everyone, everywhere permissionless access to the financial service of saving money safely and reliably.”

EtherFi is the sixth-largest DeFi protocol, with a total value locked of over $11 billion as of Aug. 29. The protocol reached an all-time high of nearly $12.6 billion on Aug. 14.

Stablecoin-focused infrastructure

Plasma operates as a Bitcoin sidechain with full Ethereum Virtual Machine (EVM) compatibility, engineered specifically for stablecoin payments and cross-border transactions.

The platform offers zero-fee USDT transfers through a dual-validator architecture that processes gasless transactions.

Recent market activity demonstrates significant institutional interest in Plasma’s approach. The platform raised $1 billion in deposits within 30 minutes during its June expansion, with 70% of funds concentrated among the top 100 wallets according to analytics firm Sealaunch.

Initial deposits in June totaled $500 million, with over 1,100 participating wallets.

Further, Plasma is backed by high-profile names. The protocol $24 million funding round attracted backing from Framework Ventures, Bitfinex, Peter Thiel’s Founders Fund, and Tether CEO Paolo Ardoino.

DeFi ecosystem integration

The EtherFi partnership extends beyond simple vault migration. Plasma users will be able to leverage EtherFi’s liquid staking tokens as collateral while accessing stablecoin features, including custom gas tokens and confidential transactions.

Additionally, the partnership positions both platforms to capture the growing demand for stablecoin infrastructure as the sector surpasses a total supply of $280 billion.

Former BitMEX CEO Arthur Hayes recently noted that EtherFi is one of three DeFi protocols that could capture significant value from the expansion of US dollar-pegged stablecoins.

EtherFi’s commitment to move $500 million in ETH staking assets represents confidence in Plasma’s technical architecture and market positioning within the expanding stablecoin ecosystem.

The post Bitfinex-backed Plasma secures EtherFi partnership with $500 million ETH vault integration appeared first on CryptoSlate.

Tether abandoned plans to freeze its dollar-pegged USDT tokens on several older blockchains and is choosing instead to classify them as “unsupported,” according to an Aug. 29 statement.

The change applies to networks such as Bitcoin Cash, Kusama, EOS, and Algorand, among others. Users will still be able to move tokens across wallets, but Tether will no longer issue or redeem USDT on those platforms.

The shift came after weeks of community pushback over the company’s original plan, which would have locked tokens in place and left them non-transferable.

‘Unsupported’ classification

In June, Tether had outlined a transition that would begin Sept. 1, 2025, with all USDT on the affected blockchains frozen and excluded from redemptions.

The move was framed as a way to streamline operations by cutting off support for networks that accounted for a negligible share of the stablecoin’s activity. Under that plan, tokens would have remained visible on-chain but effectively stranded without any movement or redemption path.

Following sustained criticism from developers and users on smaller ecosystems like EOS and Algorand, Tether retreated from a hard freeze. The firm said the revised approach “aligns with its broader strategy” while avoiding reputational damage.

The compromise allows Tether to wind down low-volume chains without provoking backlash from users who would have been locked out of their assets.

Pivot toward Bitcoin

The announcement came just one day after Tether disclosed plans to issue a native USDT on Bitcoin using the RGB protocol.

Unlike wrapped tokens that rely on custodial bridges, RGB integrates directly with Bitcoin’s scripting and client-side validation, making USDT part of the Bitcoin ecosystem’s security model.

USDT remains most heavily concentrated on Ethereum and Tron, each with more than $80 billion in circulation, alongside smaller footprints on Solana and a few other networks.

The decision to drop support for legacy chains signals tightening resources on platforms with higher adoption while staking new ground on Bitcoin.

The post Tether abandons plan to freeze USDT on legacy crypto networks, classifies them ‘unsupported’ appeared first on CryptoSlate.

An Indian court has sentenced a former legislative assembly member of the Bharatiya Janata Party (BJP) to life in prison for his involvement in a high-profile bitcoin extortion plot. 

Nalin Kotadiya and thirteen other individuals were convicted for the 2018 kidnapping of a Surat businessman and extorting 200 bitcoins from him.

Life Sentences in 2018 Extortion Case

A local court in Ahmedabad delivered today’s verdict, concluding the high-profile case that dates back to 2018. 

Fourteen people, including former BJP legislative assembly member Nalin Kotadiya and ex-Indian Police Service officer Jagdish Patel, were found guilty and sentenced to life in prison. One individual was acquitted.

This landmark ruling concludes an extensive trial that exposed a corruption trail involving high-profile individuals in Gujarat.

A Crime Unraveled

The case began with the kidnapping of Shailesh Bhatt, a businessman and cryptocurrency trader from Surat.

According to reports, individuals pretending to be from India’s Central Bureau of Investigation (CBI) lured him to a meeting in Gandhinagar. 

Instead, he was abducted from a gas station. A team of police officers using official government vehicles then took Bhatt to a farmhouse.

The accused seized 200 Bitcoins, valued at approximately ₹12 crore at the time, and demanded a ransom of ₹32 crore. 

The investigation further revealed that Bhatt had previously stolen Bitcoins worth ₹150 crore from another Surat resident named Dhawal Mawani. Upon learning this, the accused—including Nalin Kotadiya—conspired to rob Bhatt.

Unmasking the Conspirators

Bhatt set off the investigation when he submitted a formal complaint to the Indian Criminal Investigation Department (CID). 

As the investigation deepened, the CID arrested ten police officers, including Anant Patel and Surat-based lawyer Ketan Patel.

Their interrogations soon revealed the names of Jagdish Patel and Kotadiya. Kotadiya went into hiding, and a non-bailable warrant was issued before his eventual arrest. 

The scope of the conspiracy widened further with the involvement of a genuine CBI Inspector, Sunil Nair. Nair reportedly demanded a bribe from Bhatt and threatened to initiate an investigation against him.

The court’s decision ultimately marked a major step against corruption and criminal activity involving police officials, politicians, and cryptocurrency.

The post Former Indian Politician Convicted in Bitcoin Extortion Case appeared first on BeInCrypto.

The real-world asset (RWA) sector has cooled, with RWA tokens down 3.7% over the past month, underperforming narratives like liquid staking and GameFi. Still, the long-term growth story remains intact.

Yet, despite the correction, a handful of RWA altcoins to watch in September are flashing strong fundamentals and price setups.

Chainlink (LINK)

Chainlink remains the most recognized RWA altcoin, and the recent announcement of a US Department of Commerce partnership to bring government macroeconomic data on-chain only reinforces its credibility.

On-chain data shows whales and top addresses positioned early. Whale balances rose 29.52% in August, bringing holdings to 5.03 million LINK. That means whales added roughly 1.15 million LINK, worth nearly $27 million at today’s price of $23.47.

The top 100 addresses now hold 646.8 million LINK, up 0.47%, with an addition of approximately 3 million LINK, equivalent to around $70 million. Exchange balances dropped by 4.19%, a bullish outflow trend that reduces sell pressure.

For token TA and market updates: Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

Despite a slow week, LINK remains in an uptrend, posting gains worth over 30% month-on-month. While bears pressed it down by 5.9% this week, bulls have largely maintained control. Every time the bears have tried to take control of the LINK price action, bulls have intervened, as shown by the Bull-Bear Power (BBP) indicator.

The Bull Bear Power (BBP) indicator measures whether buyers (bulls) or sellers (bears) are driving momentum.

A clean breakout above $25.80 would open a move toward $27.62, and beyond that, Fibonacci extension targets suggest a path as high as $43.04.

Failure to hold $22.86, however, could invite deeper pullbacks, but current whale and exchange flows argue for continued resilience. With whales stacking, LINK ETF talks surfacing, and a government-linked partnership validating fundamentals, Chainlink is a leading RWA coin to watch in September.

Ondo (ONDO)

Ondo is one of the fastest-growing names in the RWA token space. It bridges real-world assets like US Treasuries and corporate bonds into tokenized form for on-chain investors.

Whales have been quietly adding through late August. The 100 million to 1 billion ONDO cohort grew holdings from 981.38 million ONDO on August 24 to 989.53 million ONDO at press time. That is an accumulation of 8.15 million ONDO, worth about $7.4 million at current prices of roughly $0.91.

Technically, ONDO is showing a bullish divergence. Since August 19, the price has made lower lows, but the RSI has printed higher lows. This divergence hints at waning bearish pressure and a potential reversal. ONDO is up 13.2% over the past three months, showing the broader trend is still intact despite short-term weakness.

The Relative Strength Index (RSI) tracks the speed of price moves to show whether an asset is overbought or oversold. Higher values mean stronger buying, while lower values indicate heavier selling.

Immediate resistance sits near $0.93. A breakout above $0.9786 would validate the bullish divergence and open targets at $1.14.

Maple Finance (SYRUP)

Maple Finance is a credit marketplace focused on institutional lending, and its native Syrup (SYRUP) token has been gaining steady traction as one of the RWA coins to watch.

Performance has been notable. Over the past three months, Syrup has gained 39.9%. In the last month, it is up 4.2%, while seven-day gains stand at 14%. The consistency of these numbers reflects that Syrup has not disappointed despite market volatility.

On-chain data supports this strength. Top 100 addresses increased holdings by 16.79%, adding about 160 million SYRUP, worth approximately $72 million at the current price of $0.45.

Exchange balances dropped by 23.51%, or around 69 million tokens (about $31 million), reflecting a supply squeeze. Whales did trim positions by nearly 59%, but this impact has been outweighed by accumulation from larger cohorts and steady outflows from exchanges.

SYRUP price action also remains constructive. A sustained hold above $0.42 keeps bulls in control. A breakout above $0.53 could fuel momentum toward $0.62–$0.77 in September. With bulls being in control, courtesy of the green Bull-Bear Power indicator candles, a move on the upside looks likely.

However, if Syrup falls below $0.38, the bullish setup would be invalidated, and sellers would take over. Given its steady accumulation and resilience during volatile weeks, Maple Finance and its Syrup token have earned their spot as one of the top RWA altcoins to watch in September.

The post Top 3 Real World Asset (RWA) Altcoins to Watch in September appeared first on BeInCrypto.

Chainlink is showing signs of strength after a sharp parabolic move, now consolidating just below a key resistance level. The question is whether LINK can push past this barrier and ignite a bigger rally, or if a pullback comes first.

Parabolic Surge Stalls Below $76.60 Resistance

According to Alpha Crypto Signal, in a recent update shared on X, Chainlink has shown remarkable strength with a parabolic move before entering a consolidation phase just below the $26.60 horizontal resistance zone. This level has now become the focal point, as traders watch closely to see if momentum will carry LINK beyond it. 

Alpha Crypto Signal noted that the momentum behind LINK’s move was powerful, and a breakout above $26.60 should not come as a surprise in the coming sessions. Such a development could potentially trigger another leg higher.

Still, the analyst cautioned that broader market conditions point to the possibility of a correction. If LINK fails to sustain current levels, the altcoin is likely to dump below the marked boxed zone. However, Alpha Crypto Signal described it as a must-buy opportunity, presenting traders with an ideal entry point at discounted levels.

To prepare for such a scenario, Alpha Crypto Signal plans to place spot limit buy orders below the boxed zone, with the intention of patiently waiting for price action to align with the setup. This strategy reflects a balanced approach—ready to capitalize on both potential downside dips and upside breakouts.

On the flip side, if Chainlink manages to break out of the $26.60 resistance with significant trading volume, Alpha Crypto Signal emphasized that the plan would need to be adjusted accordingly. For now, the analyst recommends keeping LINK on the radar, as it sits at a pivotal point where the next big move could soon unfold.

Market Confidence Returns With Chainlink Buyers Stepping In

Trader Rai, in his latest analysis on the 15-minute timeframe, highlighted that Chainlink has shown strong resilience after bouncing from its support zone. This rebound signals renewed strength in the market, with buyers beginning to take control of short-term price action. 

The chart further suggests that buyers are targeting a retest of the $24.30 resistance level. This zone stands out as a critical barrier, and a successful test could determine whether LINK is ready to extend its upward trajectory. 

If the breakout above $24.30 holds with sufficient volume, LINK may confirm a continuation pattern toward higher levels. Such a move would mark a key shift in sentiment, giving bulls the upper hand and potentially paving the way for a stronger rally in the near term.

TRON (TRX) has been experiencing muted performance in recent weeks, trading at $0.3389 at the time of writing. This represents a 21.4% decline from its all-time high of $0.4313, recorded late last year.

Despite relatively stable price levels in recent days, the lack of upward momentum suggests investors might be carefully watching for a catalyst that could determine the token’s next major move.

Amid this market setting, analysts are closely tracking TRON’s on-chain data. One key observation comes from CryptoQuant contributor CryptoOnchain, who examined network activity and resistance levels.

According to the analyst, TRX is currently testing its historical resistance zone, a level that could prove decisive in whether the asset pushes toward higher targets or risks another setback.

TRON Network Activity and Potential Breakout

CryptoOnchain noted that TRON’s network activity is at record levels, with daily active addresses (DAA) surpassing 2.6 million, the highest figure in its history.

This surge in user activity reflects strong underlying demand for the network, even while TRX’s price has struggled to break higher. Historically, such growth in addresses has acted as a fundamental driver for price strength, signaling that demand for TRON’s blockchain services remains resilient.

The analyst highlighted that TRX sits just below its historical resistance. If the token were to close above its all-time high and sustain that level, the breakout target could range between $0.48 and $0.52, aligning with TRON’s On-Chain Value Bands metric.

However, CryptoOnchain cautioned that this scenario depends heavily on TRON maintaining its active address momentum. A decline in DAA could undermine the bullish setup, exposing TRX to downside risk.

The outlook also ties into broader market conditions. The CryptoQuant analyst believes that a potential altseason, a period of significant gains across altcoins, could provide the momentum needed for TRX to achieve a breakout. In this context, continued high network demand and user activity would support further price appreciation.

Whale Activity and Stablecoin Dynamics

In a separate analysis, CryptoQuant contributor Amr Taha examined stablecoin flows on the TRON network, particularly the activity of large wallets.

Data showed that in the past 24 hours, wallets holding over $100 million in USDT dominated TRON’s transaction volume, coinciding with Bitcoin regaining momentum above the $110,000 level.

This concentration of large transfers is significant because it often precedes shifts in broader crypto market sentiment. A notable example occurred on August 12, when $100M+ wallets moved approximately $3.9 billion in USDT across the TRON network.

That wave of transfers directly coincided with a 5% rally in Bitcoin, highlighting the role of stablecoin liquidity in driving market cycles.

Taha added that the distribution of daily USDT wallet changes reinforces this trend. Wallets with balances above $100M accounted for nearly 35–36% of total daily activity, a level nearly identical to August’s inflows.

Such concentrated whale activity suggests that stablecoin flows on TRON remain a leading indicator for market positioning and potential capital rotations into risk assets like TRX and Bitcoin.

Featured image created with DALL-E, Chart from TradingView