China's "four domestic GPU leaders" Suiyuan Technology will list on the Shanghai Stock Exchange's STAR Market on September 11.

Prominent crypto trader Bonk Guy has stated in a post that his stance on Solana and its associated ecosystem is gradually shifting from bearish to bullish. Previously, he argued that Robinhood Chain and BNB Chain would likely outperform Solana in the current cycle, and has written a related analysis that remains unpublished. The shift stems mainly from Solana’s recent renewed focus on its on-chain meme trading communities, core team members reaching out to him proactively, and the Solana official account and co-founder Toly beginning to publicly engage with ecosystem projects including STONK and USELESS. He views this as a sign that Solana is becoming more proactive in supporting projects and communities that drive ecosystem growth. Bonk Guy emphasized that he has never questioned Solana’s technology and infrastructure, but rather the ecosystem culture and the impact of some profit-seekers on users. Given the recent developments, he has submitted his original bearish analysis to the Solana team, and noted that if the analysis is later made public, he will add more context and details about his stance on Solana.

According to GMGN monitoring, the token Niu Lai saw a short-term 40% surge driven by news of its listing on Binance spot trading, with its market cap temporarily standing at $120 million. The address ranking first in on-chain profits currently holds approximately 13.51 million Niu Lai tokens, valued at around $1.576 million, accounting for 1.35% of the total token supply. The address’s cumulative profit is roughly $2.026 million, including about $606,000 in realized profit and $1.42 million in unrealized gains. It has previously sold a total of around 11.59 million tokens.

According to an official announcement, Binance will list "Niu Lai" at 22:30 Beijing time on September 9, 2026, add a "Seed" tag to it, and launch spot trading pairs for "Niu Lai"/USDT, "Niu Lai"/USDC, and "Niu Lai"/TRY.

According to GMGN market data, driven by news of its listing on Binance’s spot trading, "Niu Lai" rallied 40% in a short period, hitting a peak of $147 million before pulling back to set a new all-time high. Its current market capitalization stands at $129 million.

Jiang Zhuoer, founder of 莱比特矿池 (B.TOP), stated in a published article that BTC is currently still operating within an uptrend channel, but a subsequent correction is unavoidable. If $82,300 has become the phase high prior to this round of correction, the market may enter a prolonged period of wide-range consolidation, with prices completing adjustments through repeated fluctuations. In contrast, Jiang Zhuoer is more inclined to expect BTC to first rise further to the $83,000–$84,000 range, before correcting back to approximately $72,000.

CryptoQuant data shows Bitcoin’s Spent Output Profit Ratio (SOPR) has stayed above the break-even line of 1 for three consecutive weeks since August 19, marking the longest such stretch since 2026, with the current reading at roughly 1.002. A SOPR above 1 indicates that BTC transferred on-chain is overall in a profitable state. On-chain analytics platform Checkonchain notes that during bear markets, price rebounds into profitable territory usually trigger sell-offs, while brief dips below the break-even line in bull markets often create dip-buying opportunities, and the current market structure is approaching the early recovery phase of a bull market. However, David Puell, portfolio manager at ARK Invest, argues Bitcoin still faces downside risks. For more conclusive evidence that the bear market has ended, SOPR needs to remain above 1 for a longer period, and BTC prices must form consecutive higher highs and higher lows.