CryptoQuant: Bitcoin's unrealized profits and take-profit volumes rise in tandem, market faces correction risk.

Robinhood-linked crypto, stock, and meme coin issuance platform Long.xyz has announced the launch of the "LONG 500", designed to build a financial layer for on-chain stock communities, with the goal of becoming the "S&P 500 of tokenized stocks" and establishing an AI community treasury as a community-held diversified reserve on Robinhood Chain. LONG currently supports over 70 tokenized stocks. Going forward, every newly launched stock pairing trading pool will allocate a portion of stock token transaction fees directly to the Meme Coin AI Community Treasury. AI holders will gain access to and support new stock communities through this mechanism, while project creators can connect with the existing AI community and its users. Under the new mechanism, 5% of the transaction fees generated by new stock pairing pools will go to the AI reserve, while another 5% will be used to repurchase and burn tokens paired with the stocks, with repurchases triggerable by anyone at any time. The automatic reinvestment mechanism for liquidity pool returns will remain in effect, and creator fees will stay unchanged. LONG also plans to upgrade the community treasury and add new features for all previously listed trading pairs.

U.S. Securities and Exchange Commission (SEC) commissioner Hester Peirce has officially submitted her resignation and will step down on October 2. Peirce, who has served at the SEC for approximately 8 years, is known in the industry as the "Crypto Mom" for her longstanding advocacy of establishing a clear, rule-based regulatory framework for the crypto sector. Since February 4, 2025, Peirce has also served as head of the SEC’s Crypto Working Group, driving research into how existing securities laws apply to digital assets and decentralized systems. Her term as an SEC commissioner expired in June 2025, but under relevant regulations, she may continue serving for approximately 18 months until a successor is appointed. Peirce is expected to join the Regent University School of Law in Virginia in November as an associate professor, where she will conduct teaching and research in areas including federal litigation, securities regulation, and digital assets. Following her departure, the SEC will temporarily have only two Republican members: Chairman Paul Atkins and Commissioner Mark Uyeda, and the seat she is vacating may not be filled immediately.

Crypto trader Ansem stated that airdrops remain one of the strongest catalysts driving users and trading activity back on-chain. During the previous market cycle, trading terminals recorded massive trading volumes, yet many of these platforms have still not offered rewards to their users. Ansem argues that as competition between platforms to secure traders intensifies, rewarding early users will prove an effective means of building user loyalty and retaining liquidity. Past experience demonstrates that well-timed airdrops can unlock substantial on-chain activity, and he anticipates this strategy will reemerge in the current cycle.

According to DefiLlama data, Circle's public chain Arc has reached $494 million in DeFi total value locked (TVL) 10 days after its mainnet launch. It grew 44.52% over the past week, ranking first in growth rate among top blockchains. In terms of DEX trading volume, the network recorded $55 million in trading volume in the past 24 hours.

According to monitoring by Onchain Lens, trader MK4 (@mk4_lul) currently holds open positions worth $43.63 million, with an unrealized profit of approximately $12.95 million. His largest position is a long NEAR trade: ? Holding 5.84 million NEAR tokens, valued at roughly $28.48 million; ? Average entry price: $2.35; ? Unrealized profit: ~$14.74 million; ? Cumulative historical profit and loss: ~$57.04 million (from spot and perpetual contracts).

Ethereum founder Vitalik Buterin wrote in a post that he is testing a community-developed offline local knowledge application for mobile devices. The app works significantly better than the version he built himself two months ago, though it still lags behind models running on laptops in solving challenging problems. His evaluations included queries such as "the best vegan restaurant in my current city"—notably, all such apps currently perform poorly on travel-specific questions. Buterin thanked the relevant developers, expressing anticipation for further improvements and hoping to soon be able to query any world facts he cares about without an internet connection.