Daily Market Wrap | Aug. 26

Hot Topics

Grayscale filed an S-1 with the SEC to convert its Avalanche Trust into a spot AVAX ETF, to be listed on Nasdaq under ticker AVAX.

Trump signed orders on August 25, 2025, to limit cashless bail in D.C. and threaten funding cuts for jurisdictions using it.

Sharps Technology raised $400 million to establish a Solana-focused digital asset treasury, causing its stock to surge 70%.

Market Updates

The Sui blockchain's transaction blocks officially exceeded 4 billion.

Bitcoin fell below $110,000, down 7% since its post-Powell speech high, while Ether dropped 8% to under $4,400, with $700M in leveraged positions liquidated.

AVAX3.47%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)