Ricardo Salinas suggests converting all cash to Bitcoin

According to Decrypt, Solana validators have proposed SGP-0002 to increase the annual decline rate of new token issuance to 30%, bringing forward the minimum issuance rate of 1.5% to 2029. It is expected that approximately 18.9 million SOLs will be issued in the next six years. The SGP-0001 proposal was approved to determine the follow-up governance mechanism, while the SGP-0003 proposal was not approved due to insufficient support. The proposal was originally intended to increase the daily destruction of approximately 650 SOLs to a maximum of 9000 SOLs.

According to Avalanche data, Bitwise, VanEck, and Grayscale collectively hold over 5 million AVAX tokens, of which 3.49 million are in a pledged state. （Cointelegraph）

According to Fox News, the United States is planning to include 1 million BTC in its strategic reserve, which accounts for 5% of the total BTC supply. （The Bitcoin Historian）

HyperliquidNews announced on the X platform that the number of independent traders on TradeXYZ has exceeded 400000.

Bank of England Governor Andrew Bailey stated at the Jackson Hole Economic Conference that the UK has not yet experienced a significant second round of inflationary effects, and the labor market has been weak for some time, so the situation can continue to be observed. The market has fully anticipated a 25 basis point interest rate hike this year and another 25 basis point hike by next spring.