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Solana (SOL) has broken through the key resistance zone at $250. Will this trigger a push toward $300? What does this mean for the broader altcoin market?


A new initiative is gaining community attention: the Fair3 Fairness Foundation. This is an on-chain insurance mechanism established entirely by the community, independent of the project team and the trading platform. It is seeking to address a long-overlooked question: "What can we actually do when the risk truly materializes?"

Brera Holdings announced its transformation into a "Solana treasury" and rebranded as Solmate. After economist Laffer joined the company, Cathie Wood quickly decided to invest, having previously referred to Laffer as her "mentor." Solmate plans to pursue a dual listing in the UAE, leveraging local relationships to enhance its ability to accumulate SOL tokens.

Eric Trump stated that attracting global capital into the U.S. digital asset market could provide new support for the U.S. dollar.
The Bank of Japan kept interest rates unchanged for the fifth consecutive meeting and announced the launch of an ETF selling plan. Additionally, two hawkish members voted against the decision, proposing a 25 basis point rate hike.
- 14:54OpenAI reaches hardware manufacturing agreement with Luxshare Precision, plans to launch first device by late 2026 or early 2027Jinse Finance reported that, according to sources, Luxshare Precision has secured at least one assembly contract for an OpenAI device. In addition, OpenAI has also approached Goertek, the assembler of AirPods, HomePods, and Apple Watch, hoping to source speaker modules and other components for its future products. According to insiders, OpenAI's planned products include a smart speaker without a display, and it is also considering developing products such as glasses, digital voice recorders, and wearable pins. The first batch of devices is scheduled to be released at the end of 2026 or early 2027. OpenAI is making a strong push into the AI hardware sector and accelerating its efforts to poach talent from Apple, having reached a hardware manufacturing agreement with Luxshare Precision and currently in talks for cooperation with Goertek. Furthermore, since the beginning of this year, OpenAI has recruited more than 20 employees from Apple in the consumer hardware field.
- 14:54Powell Pours Cold Water on "Aggressive Rate Cuts," U.S. Treasury Bonds End Winning StreakJinse Finance reported that after Federal Reserve Chairman Powell dampened market expectations for "more aggressive rate cuts," U.S. Treasury bonds experienced their first weekly decline since mid-August. On Friday, yields on U.S. Treasuries across various maturities rose by 1 to 3 basis points, extending the upward momentum that began after the Fed announced a 25 basis point rate cut on Wednesday. The benchmark 10-year U.S. Treasury yield edged up to 4.12%, reaching its highest level in two weeks. At the press conference following the policy decision, Powell stated that policymakers would determine future monetary policy on a "meeting-by-meeting" basis. This statement curbed market expectations for "rapid rate cuts," although the interest rate swap market still tends to believe that the Fed will cut rates two more times this year. Amar Reganti, fixed income strategist at Hartford Funds, said: "Before this Fed meeting, the bond market was extremely optimistic in both sentiment and positioning. The Fed did implement a rate cut, and there may be a few more in the future, but this clearly did not endorse the market's current expectations." Previously, despite inflation remaining above the Fed's target, signs of weakness in the labor market led the market to bet that policymakers would quickly lower borrowing costs, driving U.S. Treasury prices to continue rising; however, the post-meeting sell-off ended this round of gains.
- 14:54Market News: The Republican version of the government funding bill has passed the House of Representatives and will be sent to the Senate for review.Jinse Finance reported, according to market news: the Republican version of the government funding bill has passed the House of Representatives and will be submitted to the Senate for review.