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Placeholder Partner: The current market resembles an early bull market opportunity; long-term investors are advised to systematically accumulate tokens

Co-founder Chris Burniske stated that long-term investors should not repeatedly struggle with entering or exiting the market, but should systematically accumulate tokens over time, and not confuse long-term investing with short-term trading. He suggested using his most successful investment targets as a reference, calculating target holdings based on the total supply of network tokens.He gave an example that the total supply of ETH is about 120 million tokens. If one previously held 10 ETH, based on the network holding ratio, the total supply of SOL is about 636 million tokens, corresponding to about 53 tokens; the total supply of TIA is about 1.16 billion tokens, corresponding to about 97 tokens. If one wishes for the TIA network share to reach 10 times the original ETH holding share, approximately 970 TIA would be needed. For ZEC, since its supply is similar to BTC, the ideal BTC holding quantity can be used as a reference for accumulation targets.Regarding the current market, he noted that many crypto assets have fallen 20% to over 40% from their highs, while BTC has dropped less than 10%. He is more inclined to believe that BTC's previous relative resilience has led to significant adjustments in assets with lower risk appetite, making the current situation more like an opportunity in the early stages of a bull market rather than a warning signal of a bull market trap. He also reminded that one should consider the possibility of further price declines, suggesting to invest remaining cash in batches and determine the investment ratio based on the probability of local bottoms at different price levels; even if some preset price levels are not reached and cash remains, it can still be acceptable.

Circle: Revenue in the first half of the year was 1.4 billion USD, with nearly 60% used for partner and transaction costs

On October 16, Circle announced that in the first half of 2026, the on-chain settlement amount of USDC exceeded $36 trillion, and Circle minted and redeemed over $315 billion of USDC during the same period, averaging about $1.7 billion per day. The company stated that as of June, USDC accounted for approximately 77% of the global stablecoin trading volume, an increase from 60% a year ago.More attention from the market is focused on the income distribution of USDC. Circle disclosed that the company generated approximately $1.4 billion in revenue in the first half of the year, of which about $819 million was allocated to USDC distribution partners and transaction costs, accounting for about 59% of the revenue; another approximately $473 million was invested in licensing, banking partnerships, settlement liquidity, compliance systems, product development, and multi-chain deployment, accounting for about 34%. According to the announcement, for every $1 of revenue Circle earns, it ultimately retains only about 7 cents in net profit.This announcement may be in response to market concerns regarding "the monopolization of reserve income by stablecoin issuers." Circle stated that partners can share corresponding reserve income by holding and expanding their USDC balances on their platforms; currently, more than 150 trading platforms, wallets, banks, fintech companies, payment platforms, and enterprises have formed economic interests tied to the growth of USDC. Circle also mentioned that Binance signed a five-year commercial agreement with it in September and invested $100 million in Circle.On the product side, Circle announced the expansion of its free redemption mechanism: all Circle customers can still redeem USDC for free through traditional banking channels, with the funds typically arriving within two business days; customers who make payments through the Circle Payments Network or use eligible products such as Arc, Circle Mint, and Circle Wallets will be able to enjoy free, near-real-time redemption capabilities.

first_img Solana Mobile announced Ledger as the first hardware expansion partner

According to PR Newswire, Solana Mobile, the mobile business of the Solana ecosystem, announced at the Ledger Op3n 2026 event in Paris that the hardware wallet company Ledger has become its first hardware expansion partner. The Solana dApp Store and wallet will merge into the Seeker app and integrate with the new device Ledger Atom, which will be pre-installed on the device's home screen for users to access the Solana ecosystem. Pre-orders for Ledger Atom are now open.Ledger Atom is based on the Android open-source project and features a secure element running Ledger OS, with a protection level of EAL6+, displaying and touch control physically isolated from the Android system. Signing and approval are completed in secure mode, and the device includes tamper-proof and tamper-evident solutions, sold exclusively through the Ledger official website. The built-in app store currently has over 1,500 applications covering categories such as trading, payments, gaming, and AI. Existing Seeker users are unaffected, and developers can reach more devices with a single submission.This collaboration builds on Solana Mobile's opening of the Solana Mobile Stack to Android manufacturers at the World Mobile Communications Conference in March 2026. The SKR token is used to reward user participation, developer building, and hardware vendor integration. Seeker has a transaction volume exceeding $13 billion, with 154 million transactions and over 200,000 devices sold; the company shipped Saga in 2023 and will ship Seeker in 2025.

first_img a16z General Partner David Haber: Long-cycle intelligent agents can charge based on results

David Haber, a general partner at a16z, stated that long-cycle intelligent agents can now progress towards goals across dozens of steps and various interaction methods over weeks to months. He noted that AI previously handled short tasks with clear boundaries, where customer service was implemented earlier due to verifiable results and edge cases manageable by humans; now, intelligent agents can guide insurance clients from the initial call to payout, mortgage clients from pre-approval to closing, and business leads from demonstration to signing, gaining returns based on revenue growth rather than just cost savings.He used the example of plaintiff lawyers preparing cases, stating that the process resembles a relay race, where value can easily be lost at handoff points. Potential clients often contact multiple law firms simultaneously, and slow responses or evaluations can lead to loss; after signing, evidence collection is limited by manpower, and firms may not follow up with witnesses who did not answer the fifth call, making it difficult to review low-value cases item by item. Missing bills or unexplained treatment gaps can also lower settlement amounts. Long-cycle intelligent agents can assess in real-time around the clock, utilizing sub-agents to advance evidence collection and client updates via phone, email, or text, while maintaining complete records from call logs to medical records.Haber proposed three commercialization paths: selling platforms to existing teams, taking over outsourced services, or vertically integrating as a full-stack service provider, such as purchasing debt portfolios and completing collections. He mentioned that most states in the U.S. prohibit non-lawyers from sharing attorney fees, so the plaintiff legal scenario needs to align pricing with settlement amounts but cannot directly share profits.

first_img Evernorth partners with Ripple, Kraken, Coinbase, and BitGo to deploy a $648 million XRP treasury

According to The Block, Evernorth, which holds an XRP treasury and is listed on Nasdaq, announced that it will begin deploying its XRP holdings through an "institutional strategy" starting in the fourth quarter, with initial partners including Ripple and cryptocurrency exchanges Kraken, Coinbase, and BitGo.The company currently holds 473 million XRP, valued at approximately $648 million at current prices. Two days before this announcement, Evernorth began trading on Nasdaq under the ticker XRPN after completing a deSPAC merger with Armada Acquisition Corp. II.Founder and CEO Asheesh Birla stated that the company is putting its treasury to work and is choosing to start with strong institutional trading counterparts within the industry. Evernorth's goal is to generate returns from its XRP holdings and increase the per-share holdings, rather than simply pursuing accumulation; the announcement did not specify how much XRP will be deployed. The company also plans to expand into lending and on-chain DeFi strategies once relevant features on the XRP Ledger are available.This strategy is led by newly appointed Chief Investment Officer Hugo Jeandesboz, who previously served as Co-Chief Investment Officer at Coinbase Asset Management. Jeandesboz stated that this requires a set of treasury strategies, a risk framework, and counterparties that can be clearly explained to the board of directors of the listed company. The XRPN stock price has remained relatively flat since opening at $16.68 on Monday, closing at $16.48 on Tuesday, and slightly rising to $16.6 in after-hours trading.

Interlace, together with ecological partners, has initiated a white paper on stablecoin payment infrastructure, exploring the path from on-chain settlement to real-world payments

The stablecoin infrastructure platform Interlace announced a joint initiative with multiple industry partners, including OSL, AllScale, Stable, Hetu, Cregis, WIDTH, KEM, and KTX, to launch the white paper titled Stablecoin Payment Infrastructure: From On-Chain Settlement to Real-World Payments. As stablecoins evolve from crypto-native financial instruments into global financial infrastructure, stablecoin payment activity is also growing rapidly. In Q1 2026, stablecoin transaction volume exceeded $28 trillion, while stablecoin B2B payments reached $226 billion in 2025, representing a 733% year-over-year increase. However, as stablecoin payments expand into real-world commercial use cases, the industry still lacks a systematic framework for defining the capabilities covered by stablecoin payment infrastructure and how on-chain assets can be connected with real-world commerce. The white paper will focus on this gap, covering key topics such as stablecoin payment infrastructure, end-to-end costs, compliance and risk management, and enterprise-scale adoption. Drawing on industry data, practical experience, and real-world cases, it will further explore the development path of stablecoin payment infrastructure. The full white paper is expected to be officially released within the next 1-2 months.

NeoSoul and Alibaba Cloud have launched a strategic partnership to provide AI reasoning and computing support for NeoTrade

Singapore, October 13, 2026, the BSC ecosystem AI Agent project NeoSoul today announced a strategic cooperation with Alibaba Cloud. NeoSoul has integrated Alibaba Cloud's AI model services into its Agentic Trading product NeoTrade, providing support for model inference and computation for autonomous trading agents; as the product develops and usage scales grow, both parties plan to further explore cloud-based AI technology collaboration.After users set trading rules in NeoTrade, the AI Agent will continuously track market changes, assess trading opportunities, and execute strategies within the authorized scope. The model inference and computation services provided by Alibaba Cloud will support the Agent in repeatedly updating judgments in response to market changes, providing computational resources for autonomous trading applications.Kaelan, co-founder of NeoSoul, stated that AI Agents are evolving from answering questions to continuous decision-making and autonomous execution, rapidly increasing the demands on underlying AI infrastructure; Alibaba Cloud's modeling and computing capabilities will support NeoTrade in handling larger-scale and more complex autonomous trading tasks, and explore the application boundaries of AI Agents in real financial scenarios. An Alibaba Cloud spokesperson stated that they will support the development of NeoTrade through model services and computing capabilities, and continue to explore technological collaboration aimed at next-generation AI Agent applications with NeoSoul.

first_img Privacy Infrastructure Hinkal Joins Mastercard Crypto Partner Program

Privacy infrastructure Hinkal announced on October 9, 2026, its participation in the Mastercard Crypto Partner Program. This program connects crypto and blockchain teams, Mastercard teams, and its global payment network, with members including stablecoin issuers, infrastructure providers, fiat exchange service providers, crypto card supporters, and blockchain and blockchain service providers. Mastercard positions it as a way to transform technological capabilities into compliant use cases for global commerce; some members can also access financial institutions within the card issuing and acquiring networks and receive regulatory and compliance support aligned with global standards.Related use cases include cross-border payments and remittances, B2B transactions, fund and settlement flows, stablecoin payments, and card projects that allow users to spend digital assets at regular merchants. Hinkal can provide embeddable privacy capabilities for wallets, payment platforms, and chains, allowing stablecoins to settle in private balances and transfer using zero-knowledge proofs, ensuring that the amount, sender, or receiver is not disclosed during on-chain transfer verification. This capability is already live on Ethereum, Polygon, Solana, TRON, and other major EVM chains, accessible via SDK and API.Existing integrations include Private Send in Polygon Wallet, Hinkal Private Send in the Tether wallet development kit, Turnkey wallets that can enhance privacy features through Hinkal SDK, and Avvio running Hinkal private payments on its own interface.
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