vote

The U.S. House of Representatives will vote next Tuesday on a temporary funding bill. This vote will use the "suspension of the rules" procedure, which means the bill must receive a two-thirds majority support from those present to pass. This high threshold voting procedure is typically used for legislative matters that are less controversial and have bipartisan consensus.The background for this vote is the funding deadline pressure facing the U.S. federal government. The federal funding for the current fiscal year will expire on September 30, and if Congress fails to pass a new funding bill or a temporary continuing resolution before then, the federal government will face the risk of a partial shutdown. Previously, the House and Senate have each advanced their own temporary funding proposals aimed at extending government funding into the fall.

The U.S. Securities and Exchange Commission (SEC) has approved the merger registration documents of Evernorth, a treasury company supported by Ripple, with the special purpose acquisition company Armada Acquisition Corp. II, clearing the way for the company to land on Nasdaq. Armada shareholders will vote on September 30, and if approved, the merged entity will be listed on Nasdaq under the code XRPN, with Evernorth expecting the transaction to be completed by the end of September or October.Evernorth is a company based in San Francisco, aiming to incorporate XRP into a public balance sheet and planning to invest in XRP infrastructure, gradually increasing the corresponding XRP reserve per share. The company was founded and is led by Asheesh Birla, who has been responsible for payment operations at Ripple for over a decade. In addition to Ripple, institutions such as Arrington Capital, Japan's SBI Group, Pantera Capital, Kraken, and GSR are also involved in the investment.As of the time of publication, XRP is quoted at approximately $1.41, with a weekly increase of over 27%.

According to data from the Solana governance platform, the "SGP-0002 Double Deflation" proposal is currently in the voting stage, with about 12 hours left until the voting deadline. This proposal was initiated by Helius (HEL1...e2TU) and suggests increasing the deflation rate in Solana's inflation plan from the current -15% to -30% to accelerate the reduction of network inflation.The current voter participation rate is 47.29%, meeting the requirement of 1/3 of the quorum. The vote distribution is as follows: For: 140.6M SOL (68.58%), Against: 47.39M SOL (23.12%), Abstain: 17.01M SOL (8.3%). Among the main voting parties, validators such as Helius, Jupiter, and Staking Facilities voted in support, while Figment, Everstake, and P2P.org voted against.

SOL has risen over 8% in the past 24 hours, with a cumulative increase of about 44% this month, marking the strongest single-month performance since 2024, with prices returning above $105. This round of increase coincides with the conclusion of the first on-chain binding governance vote for the Solana network, where traders have already priced in expectations of supply contraction this week.This vote includes three Solana governance proposals (SGP). SGP-1 approves the Solana Constitution, formally establishing the future on-chain voting mechanism. SGP-2 (SIMD-550), proposed by Helius engineers, doubles the deflation rate from 15% to 30%, bringing the inflation rate down to the 1.5% lower limit by 2029, reducing the issuance of approximately 18.9 million SOL over the next six years. SGP-3 (SIMD-553), proposed by Temporal, splits transaction fees into a base fee and a resource fee, with the latter being directly burned, and the daily burn amount expected to increase from about 650 SOL to a maximum of 9000 SOL.Both economic proposals require a two-thirds absolute majority of the staked weight to pass. The Nasdaq-listed Solana Company (HSDT) supports the constitutional proposal but opposes the two deflation and burn proposals on the grounds of timing, believing that current institutional stakers value predictable returns more. The voting results are expected to be announced within a few hours after the end of epoch 1023.

The TRON network super representatives (SR) have initiated a proposal vote for the mainnet Committee No. 107, which is expected to conclude on August 28 at 14:00 (Singapore time).The proposal aims to enable features related to the TVM compatibility with Ethereum Prague and Osaka upgrades in GreatVoyage-v4.8.2, including support for historical block hash queries, the addition of the CLZ instruction, support for Passkey verification with the secp256r1 precompiled contract, and optimization of MODEXP energy consumption. If the proposal vote passes, it will further enhance the compatibility of TVM with the latest upgrade features of Ethereum, strengthening smart contract development and cross-ecosystem adaptation capabilities.

According to Gate data, ZEC reached an approximately 8-year high today, hitting a peak price of $888, the highest since 2018, with a weekly increase of over 70%, and is currently maintaining a high position around $844.The Zcash community will conduct a token holder vote starting on the 24th for about 18 days to determine the scope of the upcoming NU7 upgrade. The minimum voting participation threshold is 1 million ZEC. Voting rights are based on the spendable, shielded ZEC held in the Ironwood pool at the time of the snapshot (expected on the 24th at 19:00 UTC, with a mainnet block height of approximately 3,459,350). Voting will open on August 25 and end on September 14 at 19:00 UTC, conducted privately through supporting wallets, with results only published as aggregated data.

According to CoinDesk, Coinbase CEO Brian Armstrong stated that the U.S. "Digital Asset Market Structure Clarification Act" (CLARITY Act) is expected to receive over 60 votes of support in the U.S. Senate on September 15 and is confident about passing the first key procedural vote after returning to Congress.Brian Armstrong previously mentioned that the CLARITY Act has entered its final advancement stage, and the Senate procedural vote requires 60 votes of support to push the bill forward. The bill aims to establish a regulatory framework for digital assets in the U.S., clarifying the division of responsibilities between the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in the regulation of crypto assets. Armstrong believes that the clarification of U.S. crypto industry regulation is approaching, and whether the CLARITY Act ultimately passes or regulatory agencies advance through administrative rules, the market will welcome a clearer regulatory environment.Previously, U.S. President Trump also called on Congress to push the CLARITY Act through, believing that the bill is significant for establishing a regulatory system for digital assets and enhancing the competitiveness of the U.S. crypto industry. reuters.com However, the bill still faces controversy from some lawmakers regarding issues such as conflicts of interest and stablecoin regulation, and whether it can ultimately be successfully implemented still depends on subsequent negotiations in the Senate.

According to CoinDesk, a governance proposal from the Optimism community has been approved, reallocating 546.9 million OP tokens originally planned for user airdrops to the "Strategic Ecosystem Fund" managed by the Optimism Foundation, sparking discussions in the community about governance transparency and user rights. The OP tokens involved account for approximately 12.7% of the total supply, valued at about $49.7 million at current prices.The Optimism Foundation stated that as the ecological strategy shifts towards institutional adoption and corporate partnerships, large-scale user airdrops are no longer fully aligned with the current development direction. Unused tokens can be utilized for ecosystem incentives, partnership building, and enterprise-level project expansion. The final vote resulted in 17.974 million OP in support and 10.931 million OP against the proposal.A key turning point occurred 16 minutes and 52 seconds before the voting ended, when the Optimism core development team Test in Prod (delegate.testinprod-io.eth) cast 8.486 million OP in support, raising the approval rate from 45.77% to 61.84%, ultimately pushing the proposal through.If the vote from Test in Prod were excluded, the support rate for the proposal would only be 46.47%, which would not have passed, and the related tokens might have remained in the user allocation pool. The Optimism Foundation previously committed to disclosing the cumulative usage of the fund and related results through an annual budget report. This vote has also reignited discussions about the influence of "large delegated voting rights" in DAO governance and the balance of rights for token holders.

According to monitoring by Catcher Predict, in the event "Clacton By-Election: Farage's Vote Share" on the prediction market Polymarket, the "Yes" option in the sub-market "Farage 60--70%" has experienced significant fluctuations in winning probability, soaring from 28.85% an hour ago to the current 67.75% (a fluctuation of 38.9%). Please note the impact of related breaking news.

According to monitoring by Catcher Predict, in the event "Clacton By-Election: Farage's Vote Share" on the prediction market Polymarket, the "Yes" option in the sub-market "Farage 80%+" has experienced significant fluctuations in winning probability, plummeting from 48.5% an hour ago to the current 30.5% (a fluctuation of 18%). Please note the impact of related breaking news.

GnosisDAO is initiating a governance proposal GIP-152 on whether to split the Gnosis App into an independent company led by the original team. The proposal is now live on Snapshot, and voting will close on August 12 at 14:19 (UTC), with a required quorum of 75,000 votes to take effect. Community members can vote on whether to support the separation of the Gnosis App from the GnosisDAO ecosystem through Snapshot.The proposal outlines that GnosisDAO will invest $1.5 million in cash and inject a product and IP valued at $1 million, obtaining at least 25% equity through SAFE at a post-money valuation of $10 million, while completely separating the Gnosis App from Gnosis Ltd's annual budget of $3.1 million. The new company will focus on self-custody payments and card services, using the Circles protocol as its core, with 18 months of funding primarily allocated for the team, compliance operations, and customer acquisition, and will continue to drive on-chain and payment network usage through Gnosis Pay and Gnosis Chain. Current Snapshot voting results show that approximately 66% are in favor.

U.S. Senate Majority Leader John Thune has moved to terminate the debate procedure on advancing the Clarity for Digital Assets Markets Act (CLARITY Act) into Senate consideration, with the Senate scheduled to hold a procedural vote on September 15. The vote is expected to take place at 2:15 PM Eastern Time after the Senate reconvenes that day.The motion requires 60 votes in support, meaning Republican senators will need Democratic support to pass the procedural threshold. The two parties are currently negotiating on issues such as ethical standards and stablecoin reward rules, with related disagreements causing the bill to fail to reach consensus before the August recess.This vote only concerns whether to initiate the bill's consideration process and does not represent a final vote on the bill or guarantee its passage in the Senate. The CLARITY Act aims to establish a federal market structure for digital assets and clarify the conditions under which certain crypto assets are subject to securities or commodities laws, as well as the regulatory responsibilities of the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission.

According to Politico, the U.S. Senate has decided to postpone the vote on the Clarity Act until September.

Punchbowl News reporters posted on the X platform that negotiations in the U.S. Senate regarding the CLARITY Act are affecting the legislative process before the recess. The Democratic leadership continues to push for a delay in the procedural vote on the cryptocurrency regulation bill, while Senate Minority Leader Chuck Schumer hopes to gain more time for further negotiations.Meanwhile, Republicans are calling for a swift move to a vote. Both sides are still coordinating on the content of the bill and related provisions, and there remains uncertainty about whether the CLARITY Act will enter the voting stage before the Senate recess.

According to BeInCrypto, Tim Scott, the chairman of the U.S. Senate Banking Committee, stated that the CLARITY Act, aimed at regulating the cryptocurrency market, will be voted on before Congress goes into recess, and "there will undoubtedly be a vote."In an interview with Fox News, Scott mentioned that the Senate might extend its working hours, not limited to the next two days, to push forward the relevant legislation. He noted that there is a consensus forming within the Republican Party regarding the bill and believes that advancing a cryptocurrency regulatory framework "is in the interest of the United States."Tim Scott stated, "We will get this done."The CLARITY Act aims to further clarify the regulatory framework for digital assets in the United States, delineating the regulatory responsibilities of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in the cryptocurrency market. Supporters believe that the bill will provide clearer rules for the industry and help the U.S. maintain its competitiveness in the digital asset space.Currently, the bill still faces internal congressional disputes regarding consumer protection, regulatory authority, and market risks. If ultimately passed, it will be an important step in building the U.S. cryptocurrency regulatory system.

According to Bitcoin.com, U.S. President Trump is weighing the bipartisan ethical counterproposal of the CLARITY Act, and Senate negotiators need to finalize the cryptocurrency conflict of interest rules before the recess on August 7.The bill aims to establish a federal regulatory framework for cryptocurrency companies through the division of responsibilities between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).Republican Senator Thom Tillis and Democratic Senator Ruben Gallego submitted an enforcement proposal to the White House on July 29. This proposal allows state-level agencies to enforce federal officials' bans on issuing or sponsoring digital tokens, rather than solely handling related violations through the Department of Justice.The U.S. House of Representatives passed a version of the bill on July 17 with 294 votes in favor and 134 against, with over 70 Democrats voting in favor. The Senate has not yet held a full vote; the bill needs 60 votes to pass, and if all Republicans support it, at least 7 Democrats will still need to vote in favor.

U.S. Treasury Secretary Scott Bessent urged the Senate on Thursday to pass the Clarity Act, stating that the House of Representatives passed the bill over a year ago, and staff from the Senate Banking and Agriculture Committees have since engaged in thousands of hours of bipartisan negotiations on the revisions. Bessent stated that the bill will strengthen consumer protections and anti-money laundering requirements, and provide regulatory certainty for digital assets. He also mentioned that the Blockchain Regulatory Certainty Act provisions in the Clarity Act will protect decentralized software developers, clarifying that they are not subject to the registration requirements of the Bank Secrecy Act.Bessent criticized Senate Democrats for delaying the vote for political reasons, stating that the relevant vote will determine whether the U.S. continues to maintain its global leadership in digital assets. At the end of his post, he quoted Bitcoin creator Satoshi Nakamoto: "If you don't believe me or don't understand, I don't have time to try to convince you, sorry." The Clarity Act aims to establish a federal framework for the U.S. digital asset market and allocate regulatory responsibilities for digital assets to the SEC and CFTC, with most crypto assets typically falling under CFTC jurisdiction. Senate Majority Leader John Thune recently stated that the bill is not expected to pass the Senate before the August recess.

According to Jinshi, the U.S. Senate voted 49 to 50 to reject a resolution that called for Trump to cease hostile actions against Iran without congressional authorization.