The Midnight Foundation launched the Scavenger Mine phase for NIGHT token distribution on October 29, 2025, enabling users to mine through web browsers. CTO Sebastien Guillemot confirmed the activation on October 30, 2025. The system requires only a Cardano wallet address and an open browser tab, eliminating the need for specialized hardware or blockchain expertise.

Fight Fight Fight LLC is negotiating to acquire Republic.com's US business to integrate the Trump-linked memecoin into startup crowdfunding platforms. The Trump token currently maintains a market capitalization of approximately $1.6 billion, down from a peak of nearly $9 billion. The acquisition would allow the company to facilitate transactions and grant distributions using the cryptocurrency under evolving regulatory frameworks.

XRP Ledger's tokenized real-world assets reached a market capitalization of $364.2 million at the end of Q3 2025, marking a 215% increase from the previous quarter, according to Messari's State of XRP Ledger Report. Growth was driven by institutional tokenization projects launched in Q2, including Ondo's OUSG U.S. Treasury fund, Guggenheim's Digital Commercial Paper, and Ctrl Alt's real estate tokens.

Maple Finance's SYRUP token gained 12% over 24 hours to $0.45, supported by $76.4 million in trading volume. The rally followed the protocol's record monthly revenue of $2.16 million in October 2025. Revenue growth stems from expanded lending and asset management services targeting institutional clients.

Bybit has partnered with Anchorage Digital to provide institutional custody for bbSOL, its liquid staking token for Solana. The collaboration offers regulated entities bank-level security under federal oversight. Solana currently trades at $194.73 with a market cap above $107 billion.

Grayscale Investments began trading its Solana-focused ETF on NYSE Arca under ticker GSOL on Wednesday, October 29, 2025. The product, converted from a closed-end trust launched in 2021, incorporates a staking mechanism that distributes network rewards to holders. The launch positions Grayscale among the largest Solana ETF managers in the United States by assets under management, according to the firm.

Seven Democratic senators have formally requested clarification from Attorney General Pam Bondi and the Department of Justice regarding President Donald Trump's pardon of Binance founder Changpeng Zhao. The lawmakers expressed concerns that the pardon may signal leniency toward white-collar crime in the cryptocurrency sector. The inquiry asks how the pardon might impact enforcement efforts against potential criminal conduct in the digital asset space.

Bitwise launched the Bitwise Solana Staking ETF (BSOL), the first U.S. exchange-traded fund offering direct Solana exposure with staking rewards. The fund accumulated approximately $222.8 million in assets within its initial trading days, according to Bloomberg Intelligence senior ETF analyst Eric Balchunas. BSOL provides investors access to Solana's staking yield, which averages above 7%, following SEC regulatory clarity on proof-of-stake mechanisms.