Solana proposes SGP-0002, which will increase the downward rate of SOL inflation to 30%

According to Bitcoin.com News, Arkham monitoring shows that the US government transferred some of the confiscated Bitcoin from Alameda Research's Binance US account this week. The market is concerned about the pressure of clearing remaining positions, and the official transfer purpose and subsequent disposal plan have not been disclosed.

According to DeFiLlama data, the daily trading volume of DEX on Robinhood Chain reached a record high of $945 million on August 29th, surpassing the high point in mid July. This trading volume has rebounded from the low of $300 million in mid August.

The decentralized revenue agreement Neutrl has suspended related smart contracts due to strategic position issues affecting some reserve liquidity. At present, the agreement has $27 million in available liquid assets, and Neutrl plans to open early redemption for NUSD and sNUSD holders in early September, depending on the progress of contract deployment, audit, and review. The team suggests that holders should not trade NUSD or sNUSD during the evaluation period.

According to Bitcoin.com News, Zcash has risen about 19 times in the past year, with a market value of less than 1% of Bitcoin. As of August 29th, the market value of Bitcoin was $1.56 trillion, and the market value of Zcash was $13.74 billion. Grayscale estimates that if ZEC reaches 2%, 5%, and 10% of Bitcoin's market value, the corresponding prices would be $1622, $4054, and $8109, respectively. On August 25th, Grayscale's Zcash ETF began trading on NYSE Arca under the ZCSH code. Zcash adopts proof of work and a fixed supply of 21 million units, supporting the hiding of transaction details through zero knowledge proof. Its intents technology can coordinate cross chain transactions.

According to Bitcoin.com, Solana's on chain governance vote has passed SGP-0002 proposal, increasing SOL's annual deflation adjustment rate from 15% to 30% to accelerate the network to reach a terminal inflation level of 1.5%. Helius CEO Mert Mumtaz lobbied for validation nodes such as Kraken2, resulting in the proposal ultimately crossing the approval threshold with 67% support.