RaaS #485: Trump's WLFI is Live!

El Salvador’s Government-Led Bitcoin Conference, September’s Token Unlock Wave, and Moar!

It’s September, which means crypto event season in the UAE is officially underway. Three events are happening this week alone, with over 20 more lined up through the next four months.

World Liberty Finance’s USD1 stablecoin is now live on Solana. In under 90 days, it’s hit over $2.6 billion market cap and launches with integrations across Raydium, Kamino, and Bonk, adding fresh stablecoin depth to Solana’s $12B ecosystem.

OKX just launched early access to onchain referrals. It allows you to auto-earn across six different networks with real-time rewards.

A price sheet with 200+ crypto influencers and their wallet addresses was leaked. Out of 160+ who accepted deals, fewer than 5 disclosed the posts as advertisements, highlighting a serious transparency gap in crypto influencer marketing.

September has historically been a rough month for markets, but this cycle feels different: ETF inflows, VC focus on ETH, and niche plays like token buybacks and low-float launches are showing signs of resilience. If you’re prepping for chop, this list of alpha tweets might just save your portfolio from going full haunted house.

This month, over $2.1B worth of tokens are set to unlock, led by SUI ($184M), ENA ($60M), and APT ($48M). Keep an eye out!

Metaplanet is stacking sats and has added 1,009 BTC this week (≈¥302B), bringing its corporate treasury to nearly 20,000 BTC. This makes it Japan’s largest corporate Bitcoin holder, placing it alongside global giants like MicroStrategy.

Solana’s upcoming Alpenglow upgrade is set to slash block finality from 12.8s to 150ms, nearly 100x faster, which could finally bring real-time dApps and ultra-low-latency DeFi to the Solana ecosystem.

wen support?

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While prediction markets are trending, Galxe is testing “prediction” tasks in its quests, letting users interact with market-style mechanics. Outcomes are still updated manually, but this suggests a shift toward on-chain, gamified predictions.

California Governor Gavin Newsom is poking fun at President Trump by teasing a satirical “Trump Corruption Coin.” Ouch.

The U.S. M2 money supply reached an all-time high of $22.12 trillion. Historically, such inflows often find their way into risk assets like crypto.

In the past 24 hours, over $270M in crypto positions were liquidated, wiping out 109,605 traders. ETH led the losses with $68.1M, followed by BTC at $45.9M. The largest single wipeout? A $3.17M ETH long on Binance.

BananaChain’s BANANA just rolled out its Alpenglow fork, hitting 10,000 TPS in a single-node test. Early users can experiment ahead of Solana’s full launch. These Solana-inspired innovations are definitely accelerating ecosystem performance.

The stablecoin sector keeps heating up, adding $3B in 24 hours and reaching a record $283B market cap. While USDT still leads, its dominance is slipping below 60%, with USDC, USDe, DAI, and PYUSD gaining traction. The confidence in stablecoins is growing beyond Tether to a healthier, more competitive DeFi ecosystem.

Top Gainers: COL, ELA, MMX, FUEL, WLFI.

El Salvador is doubling down on its Bitcoin strategy by organizing the country’s first government-backed Bitcoin conference. The event aims to attract global investors, developers, and policymakers, positioning El Salvador as a hub for crypto innovation and signaling ongoing state support for BTC adoption.

Hiring activity in crypto surged in August, with major leadership moves at Coinbase, Grayscale, and CoinGecko. Strategic hires and advisory appointments, like Arthur Hayes and Peter Smith joining boards, show market expertise in preparation for the next cycle.

OKX and Hyperliquid just opened the doors for pre-market perpetuals on $LINEA, before the token’s official launch. Traders can now speculate on price action with up to 20x leverage on OKX or 3x on Hyperliquid.

The Trump-backed WLFI token is officially tradable. Within hours of launch, it reached a market cap of over $6.5 billion. Are you touching this one, anon?

That’s all for today, happy Monday!