Sponsor: Mantle — Mass adoption of decentralized & token-governed technologies.
- 🤑 Franklin Templeton Plans Mutual Fund on Solana. The asset manager announced plans for a pooled investment vehicle on the chain at Solana's Breakpoint conference.
- 🌼 'Vitalik: An
Ethereum Story' Documentary Debuts Onchain. The new documentary provides an intimate portrait of the Ethereum founder. - 🦊 Judge Tosses Consensys Suit Against SEC. Consensys was seeking regulatory clarity around its
MetaMask wallet offerings and ETH's security status.
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📸 Daily Market Snapshot: Yesterday's glorious post-rate-cut rebound stalled for the broader crypto market Friday as BTC prices slipped and alts progress slowed. Meanwhile, a 3% bump took ETH back above $2,500 after spending most of September below the marker. Ethereum's investors are hoping for some extended relief after a down-only summer for ETH; will the recent rate cut provide the momentum needed for the ecosystem to recover?
| Prices as of 6pm ET | 24hr | 7d |
|
Crypto $2.19T | ↗ 0.2% | ↗ 4.3% |
|
BTC $62,871 | ↘ 0.4% | ↗ 4.8% |
|
ETH $2,545 | ↗ 3.2% | ↗ 5.1% |
|
PENDLE $3.60 | ↗ 4.2% | ↗ 5.0% |
Arthur Hayes is getting loud about PENDLE at Token2049 while simultaneously liquidating his onchain holdings. What's driving this move?
Sonic
Buzz around Fantom's transition to Sonic has sent the FTM token on a 40% climb this month.
Sonic is a fully EVM-compatible Layer-1 blockchain that combines the speed and scalability of an L1 chain with a custom Layer-2 bridge connected to Ethereum. This dual-layer design offers low-cost transactions, fast processing times, and enhanced security, making Sonic a hybrid solution between traditional L1 and L2 chains.
Its blockchain architecture supports over 2,000 transactions per second (TPS) with sub-second confirmation times, a significant improvement from Fantom’s previous 200 TPS on the Opera chain.
Take a look at our newest Bankless Guide with all of the Sonic details 👇
Mantle kickstarts Season 1 of Methamorphosis. Building on the success of their Liquid Staking Token, mETH, Mantle LSP announces plans for a new Liquid Restaking Token, cmETH, along with a governance token, COOK. With Methamorphosis, participants can now farm Powder for future COOK tokens and position themselves early for upcoming cmETH release.
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