The research director of Galaxy stated on the X platform that even with a high probability of witch nodes, the peak proportion of BIP-110 nodes is only about 20% of the entire network. The research director of Galaxy believes that Mechanic et al.'s shock at the failure of BIP-110 is quite ridiculous. Even after accounting for about 20% of the nodes, the proportion of computing power in BIP-110 is far from enough. The computing power scale is small and still far from the target.

[Solana Opens Voting for Governance Proposals SGP 1-3, Deadline August 26 at 23:30] The official Solana developer account announced that on-chain voting for governance proposals SGP 1-3 has commenced at epoch 1023 and is expected to conclude on August 26 at 23:30 (UTC+8). The proposals include approving the Solana Constitution (SGP-0001), increasing the inflation reduction rate to -30% (SGP-0002), and restructuring transaction fees (SGP-0003). DFDV stated that it has cast the maximum weighted vote, while some users with inactive staked accounts reported being unable to participate in the voting.

Abraxas Capital has established a short position of approximately $783 million on Hyperliquid and has withdrawn 73872 ETH (worth $173.17 million) from Binance for hedging in the past 4 days. （Lookonchain）

After transferring 3.837 million Solana tokens (worth 9.33 million US dollars) to OKX, the TRUMP token team sold 1.1 million Solana tokens in exchange for 2.94 million USDC by adding unilateral liquidity, with an average selling price of 2.68 US dollars. (Ashes)

Solana co-founder Anatoly Yakovenko stated that PRAW is the best foundational fee proposal because only the application can adjust business logic in real-time and assess transaction quality. The application should charge for bad transactions and use this fee to subsidize good transactions. All PRAW fees will ultimately be converted into priority fees.