Stacy in Dataland (´⊙~⊙`)

Altcoin futures open interest jumped by $9.2B in a single day, hitting a new ATH of $61.7B. The surge underscores how altcoins are driving leverage, volatility, and fragility across the market.

Current Web3 updates in a new research 🆕 General ➖ Binance: Weekly: Markets Pullback, Fed Minutes Split, BTC Dominance Falls ➖ Galaxy: Weekly Top Stories - 8/22/25 Market ➖ Coinbase: Weekly: Jackson Hole Jitters + Circle’s Gateway Debut ➖ Glassnode: BTC Market Pulse: Week 34 ➖ Glassnode: Reading the Crowd: How Cost Basis Distribution Reveals Market Tops and Bottoms DeFi ➖ 4pillars: Why Use a Bridge To Work With Bitcoin When You Can Just Use Arch? Blockchains & networks ➖ 4pillars: Recall: The Onchain Arena for AI Agents

$LINK trading volume just hit its highest weekly level in nearly a year, with ~15% of its 180-day total traded in the past 7 days.

Strategy now controls 3% of Bitcoin’s total supply.

Monthly USDe creation set another ATH in August, surpassing $3.78B — even outpacing USDT’s $3.45B issuance for the month.

Global crypto TVL has surpassed $0.5 trillion. The biggest contributors are Tether, Aave, Circle, Lido, and Sky.

Ethereum is hitting all-time highs in transactions and active addresses, while gas fees remain near record lows.

In just one year, Hyperliquid grew from zero to holding over 80% of the decentralized perpetuals market, processing up to $30B in daily volume. Built by a lean, self-funded team that rejected VC money, it proved that technical precision and community-first economics can outpace heavily funded competitors.

USDC reserves on Tier-1 CEXs nearly doubled in under two weeks, hitting a new all-time high. Coinbase and Kraken saw strong inflows, while Binance managed outflows with a swift $2.4B USDT entry, further reinforcing its stablecoin dominance.

Historically, shifts in global M2 have often led BTC moves with a slight lag. Current data shows M2 rolling over from a September peak, hinting at weaker liquidity ahead. For Bitcoin, that could mean a slowdown as policy tightening and the U.S. Treasury’s TGA refill drain liquidity.

Hyperliquid led last week’s buybacks with $24M, while Pump.fun added $10M. The trend highlights how high-revenue protocols are increasingly using repurchases as a preferred capital allocation strategy.

Solana’s memecoin launchpad Pump.funlogged one of its strongest weeks of 2025, pulling in $13.48M in revenue. It marks the platform’s best performance since February, signaling a solid rebound after this month’s dip.