Solana has declined more than 72% from its January 2025 peak of around $295, with institutional Solana-linked ETFs recording $11.9 million in single-day net outflows and total assets under management falling from above $1.1 billion to under $730 million, Bitcoinsensus reports. Technical analysis shows SOL has completed a macro head-and-shoulders breakdown and continues to post lower highs and lows, trading below the EMA20 near $104.73 with bearish Supertrend and MACD signals. Some analysts warn a move below $40 next month is increasingly plausible, though the measured target of the pattern is near $50, while investors have begun rotating toward projects such as Remittix—which raised over $29.3 million through the sale of more than 710 million tokens at $0.127 each and launched its PayFi platform on Feb. 9 with CertiK verification and support for over 40 cryptocurrencies.

Hong Kong will permit cryptocurrency perpetual contracts to be offered to professional investors. The policy limits participation to professional investors and applies specifically to crypto perpetual contracts.

Hong Kong will expand its digital asset regulatory framework to include margin financing and perpetual contracts in the cryptocurrency market. The move will bring leveraged products such as margin trading and perpetual derivatives under a clearer set of rules for crypto activities in the city.

Machi Big Brother (@machibigbrother) was partially liquidated again, with his account balance now at $92K. Over the past 20 days, he deposited 3.19M USDC into Hyperliquid, which has been fully depleted, bringing his total loss to over $27.5M. He currently holds a long position of 1,689.6 ETH (worth $3.28M) with a liquidation price of $1,929.08.

Ethereum's staking ratio climbed above 30%, reaching an all-time high, Token Terminal data show. The milestone marks the highest level of staking participation recorded on the network to date.

Morgan Creek Capital CEO Mark Yusko said on a recent Altcoin Daily podcast that XRP-related activity could be unfolding quietly 'behind the scenes' even as Ethereum continues to lead visible onchain metrics including developer engagement, transaction volumes and stablecoin usage. He noted Ripple has spent heavily on partnerships and positioning XRP as potential infrastructure for parts of traditional finance, but current onchain data do not show usage on par with Ethereum's ecosystem. Yusko also argued that regulatory initiatives such as the Genius Act appear most advantageous to leading stablecoin issuers like Tether and USDC on Ethereum, while expressing concern that measures tied to the Clarity Act and broader U.S. market structure proposals could steer the industry toward greater centralization and possibly a future CBDC regime. Despite those regulatory worries he reiterated a bullish long-term view on Bitcoin, projecting its next major cycle peak around September 2029 could see prices in the $600,000 to $700,000 range.

A New York federal court dismissed a Bancor-linked patent lawsuit against Uniswap on Feb. 11, BlockBeats reports. The judge ruled the patents claim abstract cryptocurrency exchange-rate calculations and are not patent-eligible, rejecting blockchain-based arguments. The plaintiff has 21 days to amend the complaint.

Bitcoin long-term holders have resumed net accumulation after a period of distribution, raising their combined holdings to about 14.3 million BTC, Bitfinex analysis shows. These holders, typically defined as addresses holding BTC for at least 155 days without major movement, now control roughly 73% of circulating supply, supporting the view that recent volatility reflects a mid-cycle correction rather than a final market top. The exchange notes that accumulation phases by long-term holders in previous bull markets have tended to precede major price rallies by around three to four months.

Ethereum's staking ratio has exceeded 30%, marking an all-time high, Token Terminal data show. The figure represents the highest proportion of ETH staked on the network to date.