The Pump.fun app is integrated with Monad, allowing users to directly purchase Monad on-chain tokens using their USDC balances without manually crossing chains or switching wallets.

From 2025 to October 5th, companies such as Strategy and Strive purchased 135,979 Bitcoins through preferred stock financing, reaching a market size of $12 billion. James Butterfill, Head of Research at CoinShares, stated that Strategy repurchased $193 million of STRC and bought 267 Bitcoins, increasing its preferred stock repurchase authorization to $3 billion. Ryan Rasmussen, Head of Research at Bitwise, expects ETFs to remain a larger source of demand, with perpetual preferred stock covering different income-oriented investors. Butterfill believes that favorable preferred stock financing conditions support cryptocurrency purchases, while support may weaken when market sentiment deteriorates.

The securities have financed purchases of nearly 136,000 bitcoin, opening a funding channel that analysts expect to complement the larger ETF market.

Bitcoin fell $1,500 in two hours, hitting its lowest level in five weeks, with $160 million in leveraged long positions being liquidated in the past 12 hours. (Bitcoin Archive)

Binance - AKE is currently priced at $0.02915, down 16.09% in the last 24 hours. 24-hour trading volume was $400 million, a decrease of 13.82%. (For reference only)