ETH breaks through the $4200 mark

[Solana Stablecoin Protocol Solstice TVL Surpasses $200 Million] On October 13, the total value locked (TVL) of Solana synthetic stablecoin protocol Solstice surpassed $200 million. Earlier this month, the protocol launched the interest-bearing stablecoin USX and its native staking protocol, achieving delta-neutral returns through arbitrage and staking strategies, fully collateralized by USDT and USDC to maintain its peg. Holders can access the YieldVault protocol to earn yields.

[U.S. Launches $1 Billion Strategic Mineral Reserve Plan] On October 13, according to the *Financial Times*, the U.S. Pentagon launched a $1 billion strategic mineral reserve plan aimed at weakening foreign dominance over critical metal supply chains. Documents from the Defense Logistics Agency show that metals such as tantalum and scandium oxide have been included in the National Defense Stockpile list for the first time. Analysts believe this move signifies the U.S.'s efforts to strengthen technological warfare and autonomy in military supply chains, potentially accelerating global resource restructuring. Bitunix analysts pointed out that this strategy may drive increased demand for resource-based asset hedging while providing opportunities for inflation expectations and dollar flow allocation in the crypto market.

**[Binance Alpha Airdrop Launches Recall (RECALL)]** Binance announces the launch of the Alpha airdrop event, introducing the Recall (RECALL) token. Recall is a decentralized marketplace where communities fund AI skills, agents compete on performance, and users access solutions grounded in real economic value. The airdrop will take place on 2025-10-15 at 20:00 (UTC+8). The token will begin trading on 2025-10-15 at 20:00 (UTC+8), supporting trading pairs such as RECALL/USDT and RECALL/USDT. After the airdrop ends, RECALL will be available on services such as Spot Trading on Binance Alpha and Futures Contract on Binance Futures, with an expected launch time of 2025-10-15 at 20:00 (UTC+8). **Important Notes:** - The start times for Spot Trading and Futures Contracts are 2025-10-15 at 12:00 and 12:30 (UTC), respectively. Users should plan accordingly. - Airdrop rewards must be claimed between 2025-10-15 at 12:00 and 2025-10-16 at 12:00 (UTC) via the Binance Alpha Events page, and Alpha Points are required. - Futures contracts support up to 50x leverage; users should exercise caution with risk management.

[Dubai Financial Sector Reform Focuses on Virtual Assets, Aiming to Increase Contribution Rate to 3%] Dubai has recently launched a comprehensive financial sector reform plan, aiming to rank among the world's top three financial centers. According to the 'Dubai Financial Sector Strategy' framework released by the Dubai Government Media Office, virtual assets, capital markets, and financial technology have been identified as the three key pillars for future economic growth. Dubai plans to further solidify its leading position in the virtual asset sector by accelerating digital asset development and promoting the digital transformation of traditional finance. Currently, the virtual asset industry contributes approximately 0.5% to Dubai's GDP, equivalent to 2.2 billion dirhams (about $600 million). The Dubai government has set a target to increase this proportion to 3%, or 13 billion dirhams (about $3.5 billion), to drive the scaled development of the virtual asset ecosystem.

[BlackRock Purchased $2.6 Billion in Bitcoin Last Week] According to reports, BlackRock's IBIT division purchased $2.6 billion worth of Bitcoin last week, sparking market attention on its further actions this week. (Cointelegraph)