OKX market data shows that SOL has fallen below 200 USDT, currently trading at 199.99 USDT, a 24-hour drop of 1.66%. (This newsletter was generated with AI assistance)

OKX market data shows that BTC has fallen below 110,000 USDT, currently trading at 109,983.5 USDT, a 24-hour drop of 0.6%. (This newsletter was generated with AI assistance)

Binance Wallet will open the Alpha airdrop at 6:00 PM (UTC+8) today. The specific currency has yet to be announced. The Alpha airdrop will be distributed in two phases: Phase 1 (first 18 hours): Users with at least 238 Alpha Points will be eligible to claim the airdrop. Phase 2 (last 6 hours): Users with at least 220 Alpha Points will be eligible on a first-come, first-served basis. If all rewards are not distributed, the point threshold will automatically decrease by 15 points every hour.

El Salvador has increased its holdings by 8 bitcoins in the past 7 days, and its current bitcoin holdings have reached 6,292.18, with a total value of US$696 million.

1. Linea's liquidity incentive program will increase to 160 million LINEAs next week; 2. The SEC has established a cross-border task force to combat securities fraud; 3. Michael Saylor has been included in the Bloomberg Billionaires 500 Index, with his net worth surging by $1 billion so far this year; 4. Digital asset custody company Tangany has completed a €10 million Series A financing round; 5. Data: Fidelity's on-chain tokenized fund product FDIT has exceeded $200 million in size; 6. Avantis has launched an AVNT token airdrop checker, with airdrop claims starting on September 9; 7. Vitalik: Ideas such as Ethereum's scalability will be put into practice as the short-term roadmap expands.

According to BlockBeats, on-chain data analyst Murphy has released an analysis of the SOL token distribution structure. The distribution resembles an olive shape, with significant accumulation in the middle and less at the ends. Centered around the current price of $203, 7% of SOL is accumulated within the 20% price range above ($203 to $242), while 39.2% is accumulated within the 20% price range below ($162 to $203). If the SOL price continues to rise, the primary selling pressure is expected to come from profit-taking of the lower accumulated tokens, as there are few tokens trapped at higher prices. Recent fluctuations have led to substantial turnover in the -20% price range, raising the average cost for all participants. Therefore, theoretically, selling pressure should not be significant when some profit is realized. The last significant volume bar on the URPD chart is at $144, suggesting that the main cost for those who entered during the pullback is likely above $144. If the expected profit margin is not reached, these SOL tokens are unlikely to be sold quickly. This analysis is intended for educational purposes and should not be considered investment advice.

This issue reviews Strategy's DAT business-related content for your reference.

7-9-2025 – The U. S. Securities and Exchange Commission has launched a dedicated task force to investigate cross-border trading fraud impacting American investors, with an initial emphasis on foreign entities potentially violating federal securities laws. This initiative will scrutinize activities like market manipulation, including pump-and-dump schemes often seen in volatile sectors such as cryptocurrencies source: https://www.cointrackdaily.com/sec-establishes-task-force-to-target-cross-border-fraud-in-crypto-and-securities-markets/

Ethereum’s stablecoin supply has climbed to a record $150 billion as validator participation also strengthens. source: https://ambcrypto.com/ethereum-stablecoins-hit-150b-ath-what-it-means-for-eths-price/

Crypto traders are weighing which major asset might lead the next upward move as risk appetite cools, according to Santiment. source: https://cointelegraph.com/news/crypto-market-sentiment-fear-altcoin-interest-down?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

7-9-2025 – El Salvador has increased its Bitcoin holdings by 8 BTC over the past week, bringing the nation’s total reserves to 6,292. 18 BTC. The addition pushes the value of the country’s Bitcoin treasury to approximately $696 million at current prices, according to on-chain data tracked by the National Bitcoin Office. This comes amid ongoing [ source: https://www.cointrackdaily.com/el-salvador-boosts-bitcoin-reserves-to-6292-btc-worth-696m/

This week, 18 blockchain startups raised a total of $508.7 million. AlloyX Limited secured $350 million in a mergers and acquisitions (M&A) round from Solowin, the largest round of the week.

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Recently, Morph, a public chain project under Bitget, announced the cancellation of its original plan to issue new tokens and instead directly adopt BGB (Bitget platform currency) as the public chain token.

On August 29, 2025, Foton Investment Holding issued RMB 500 million offshore bonds in Hong Kong (with a term of 2 years and a coupon rate of 2.62%). The token is named FTID TOKEN 001 (abbreviated as Fubi), marking a milestone in the digitization of state-owned enterprise bonds.

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