$2.75 Billion In Shorts Just Got Wiped Out
Top Solana Stories Of The Week: $BTC just delivered a massive God Candle, ripping past $72K and wiping out $2.7B in short liquidations on Wednesday alone as market sentiment surges toward extreme greed. On Solana, epoch 1020 went live to lower slot times to 350ms, while $PUMP, tokenized equity RWAs, and Seeker DeFi products continue to smash all-time highs.
Then we unpack the six biggest stories in Solana this week, from $BTC breaking records to Solana slot time upgrades, SEC Regulation Crypto Assets,$PUMP buybacks returning to profit, Kamino powering Seeker USDC vaults, and tokenized stock market cap hitting $465M.
📰 STORIES
📌 Bitcoin Breaks $72K & Solana Hits $88 as $2.74B Shorts Get Liquidated https://solanafloor.com/news/bitcoin-breaks-72k-solana-hits-88-as-2-74b-shorts-get-liquidated
📌 Solana Embraces 12.5% Speed Boost with Slot Times Dropping in Next 48 Hours https://solanafloor.com/news/solana-embraces-12-5-speed-boost-with-slot-times-dropping-in-next-48-hours
📌 SEC Unveils ‘Regulation Crypto Assets’ Framework for Crypto Startups to Raise Money https://solanafloor.com/news/sec-unveils-regulation-crypto-assets-framework-for-crypto-startups-to-raise-money
📌 $PUMP Buyback Position Back in Profit After 9 Months Underwater https://solanafloor.com/news/pump-buyback-position-back-in-profit-after-9-months-underwater
📌 Put Your Idle Cash to Work in Seeker’s $USDC Earn Vault, Powered by Kamino https://solanafloor.com/news/put-your-idle-cash-to-work-in-seekers-usdc-earn-vault-powered-by-kamino
📌 Solana’s Tokenized Equity Market Size Hits $465M as Sunrise Brings Healthcare Stocks Onchain https://solanafloor.com/news/solanas-tokenized-equity-market-size-hits-465m-as-sunrise-brings-healthcare-stocks-onchain
$2.75 Billion In Shorts Just Got Wiped Out
Subscribe & Listen
Why Is Saylor Selling While Solana Treasuries Buy?
MASSIVE Solana ETF Inflows: Is The Market Bottom Finally Here?
More from Solana Weekly News
Why This Solana Treasury Can’t Get Liquidated
Crypto nuked this week, but Joseph Onorati, Chairman and CEO of DeFi Development Corp ($DFDV), says his Solana treasury wants "max leverage and max SOL" at these levels. Jack Dunham, Finn Miller, and Thomas Bahamas sit down with Joseph to break down how the first US public SOL treasury plans to keep buying through the drawdown, why its CHAD preferred can't be margin called, and why he thinks Solana treasury M&A is harder than the market assumes. Then the team covers the week's top stories, from JTX Equities going live to KAST scrapping its airdrop and Kamino's new token vision. Chapters 0:00 Intro 2:35 Joseph Onorati, DeFi Development Corp 15:15 SOL per share and buying at every level 18:00 Are Solana treasuries a systemic risk? 23:15 Why Solana treasury M&A is so hard 31:50 Agentic payments and SOL value accrual 44:00 This week's top stories 46:40 JTX Equities go live 58:25 BTC below $76K, SOL hits $90 1:10:30 KAST scraps airdrop and TGE plans 1:16:25 Solana Labs launches Leap 1:24:25 Binance's $6.3B hack started with a fake job interview 1:28:30 Kamino CEO outlines KMNO vision 1:33:15 Honorable mentions 1:39:30 Stat of the week and State of Solana 1:42:00 Wrap Stories 📌 JTX Equities goes live, bringing greater discoverability and RFQ execution to over 1,650 tokenized stocks https://solanafloor.com/news/jtx-equities-discoverability-rfq-execution-1650-tokenized-stocks 📌 Bitcoin falls below $76,000 & SOL hits $90 as $1.27B in liquidations wipe out the post-election rally https://solanafloor.com/news/bitcoin-falls-below-76-000-and-sol-hits-90 📌 KAST scraps airdrop and TGE plans, offers 120,000 stock options as the community pushes back https://solanafloor.com/news/kast-scraps-airdrop-and-tge-plans 📌 Solana Labs' Leap launches high-performance mobile trading app https://solanafloor.com/news/solana-labs-leap-launches-high-performance-mobile-trading-app 📌 Binance reveals how hackers used fake job interviews and AI to steal $6.3 billion https://solanafloor.com/news/binance-reveals-how-hackers-used-fake-job-interviews-and-ai-to-steal-6-3-billion 📌 Kamino CEO Michael Weisz outlines vision for the KMNO token https://solanafloor.com/news/kamino-ceo-michael-weisz-outlines-vision-for-kmno-token Subscribe to the Solana Weekly Newsletter: https://solanafloor.com/newsletters 📩 Solana Weekly Newsletter: https://solanafloor.com/newsletters 🐦 X: https://x.com/SolanaFloor ▶️ Subscribe: https://youtube.com/@SolanaFloor SolanaFloor is a subsidiary of the Jito Network. JTX is a Jito Labs product. Nothing in this video is financial advice. Always do your own research.
Crypto’s Biggest Hack Ever Just Hit Binance
Top Stories of the Week:Jack Dunham, Finn Miller and Thomas Bahamas break down this week’s Solana news as Binance is drained for $6.3B in the largest crypto hack on record, plus why the market barely flinched.Binance lost $6.3 billion overnight. BTC barely flinched, Binance says it will cover every user, and roughly $3B was frozen within hours.Stories📌 Binance hacked for $6.3 billion: everything you need to knowhttps://solanafloor.com/news/binance-hacked-for-6-3-billion📌 Akash ditches its Cosmos chain for Solanahttps://solanafloor.com/news/akash-network-to-ditch-its-own-chain-for-solana📌 Former UK Prime Minister joins the Breakpoint London speaker listhttps://solanafloor.com/news/solana-breakpoint-speaker-list-welcomes-revolut-chair-former-uk-prime-minister-standard-life-london📌 Kamino enables borrowing against Backpack Securitieshttps://solanafloor.com/news/kamino-enables-collateralization-of-backpack-securities📌 BTC holds $80K as the Fed keeps rates steadyhttps://solanafloor.com/news/btc-holds-80-000-as-federal-reserve-keeps-rates-steady📌 SkyAI winds down its SOL treasury, extends cash tender offerhttps://solanafloor.com/news/skyai-winds-down-sol-dat-strategy-extends-cash-tender-offer-shareholders📌 Solana ETFs record their worst month since launchhttps://solanafloor.com/news/bitcoin-struggles-below-82-k📌 Crypto card volume hits $17.55B as Brave launches its cardhttps://solanafloor.com/news/crypto-card-payments-volume-hits-17-55-bChapters0:00 Pre-show3:12 Intro and top stories9:44 Where the $6.3B came from16:29 Binance vs. FTX: why users are covered this time19:30 CZ vs. Elon28:57 Akash leaves Cosmos for Solana33:53 Breakpoint lineup: Boris Johnson, Sajid Javid, Tristan Thompson52:12 Fed’s hawkish pause, Trade.xyz × ICE1:01:20 SkyAI winds down its SOL treasury1:08:17 Worst month ever for Solana ETFs1:11:10 Crypto cards hit $17.55B, Brave Card1:17:07 Honorable mentions1:20:44 GM Trade becomes GMX on Solana📩 Solana Weekly Newsletter: https://solanafloor.com/newsletters🐦 X: https://x.com/SolanaFloor▶️ Subscribe: https://youtube.com/@SolanaFloor
Awaken Founder On Letting AI Do Your Crypto Taxes
Top Stories of the Week: Jack Dunham and Thomas Bahamas break down this week's Solana news as $SOL hits a monthly low near $100, plus Awaken Tax founder Andrew Duca on how onchain traders survive tax season. Solana put its name on the Shanghai skyline. Two days later, its China event was postponed. Stories 📌 Solana Mobile names Ledger Atom its first hardware expansion partner https://solanafloor.com/news/solana-mobile-rolls-out-first-hardware-expansion-partner-in-ledger-atom 📌 Alpenglow mainnet activation set for October 21 https://solanafloor.com/news/alpenglow-mainnet-activation-set-october-21-need-to-know 📌 Squads tests post quantum signing on Solana mainnet https://solanafloor.com/news/squads-tests-post-quantum-signing-on-solana-mainnet 📌 Solana reclaims tokenized equity trading dominance https://solanafloor.com/news/solana-reclaims-weekly-dominance-in-tokenized-equity-trading 📌 Solana opens a Shanghai office, then Accelerate China is postponed https://solanafloor.com/news/solana-opens-shanghai-office 📌 Uptober canceled? BTC under $81K, SOL hits monthly low https://solanafloor.com/news/uptober-canceled Subscribe to the Solana Weekly Newsletter: https://solanafloor.com/newsletters SolanaFloor is a subsidiary of the Jito Network. Nothing in this video is financial or tax advice. 📩 Solana Weekly Newsletter: https://solanafloor.com/newsletters 🐦 X: https://x.com/SolanaFloor ▶️ Subscribe: https://youtube.com/@SolanaFloor SolanaFloor is a subsidiary of the Jito Network. Nothing in this video is financial advice. Always do your own research.