Crypto

Solana has begun testing Alpenglow, a major network upgrade that could slash transaction finality from roughly 13 seconds to just 0.15 seconds, moving the proposal onto its public testnet for broader developer scrutiny.

Bitcoin is on track for a rare three-month winning streak it has not achieved since 2012, with September trading 10.9% higher at $86,140 and putting the cryptocurrency in positive territory for a third straight month.

Commodity Futures Trading Commission (CFTC) issued a warning about manipulation risks in prediction market 'mention' contracts, Europe welcomed its first Zcash exchange-traded product, and the European Central Bank proposed changes to MiCA's stablecoin reserve rules — all developments shaping the crypto landscape today.

That variable-rate business is substantial, carrying more than $1.4 billion in active loans backed by nearly $3 billion of collateral.

Zcash led major cryptocurrencies with a 10% surge to above $1,616 during Wednesday's Asian trading session, while Bitcoin held steady near $86,900, according to CoinDesk data.