Core Insights - Gold-linked digital assets are experiencing significant growth as gold prices exceed $4,370 per ounce, leading to the launch of new blockchain-based products that transform gold into on-chain financial instruments [1] - The tokenized gold sector has rapidly expanded in 2025, with total capitalization nearing $3.4 billion, a substantial increase from $500 million earlier this year, driven by institutional demand for stable, asset-backed instruments [2] - Tether has introduced XAUT0, an omnichain gold token, which links Solana to Tether's $175 billion cross-chain liquidity base, allowing each token to represent a fraction of a troy ounce of physical gold held in audited vaults [3] Market Dynamics - Over 7,300 XAUT0 tokens are currently in circulation, processing more than $25 billion in total bridge volume, indicating robust market activity [4] - Daily trading in tokenized gold has surpassed $600 million, reflecting strong demand for physical bullion [6] - Analysts highlight that tokenized gold serves as a bridge between traditional finance and digital liquidity, with tokens settling instantly and integrating into decentralized finance platforms [7] Price Performance - PAX Gold (PAXG) is trading around $4,413, having surged more than 65% year-over-year, while Tether Gold (XAUT) is priced near $4,360, gaining 63% [7] - The combined market capitalization of PAXG and XAUT is approaching $3.0 billion, showcasing the shift of physical value stores onto blockchains [7]

Market Trends & Crypto Performance - Crypto majors experienced declines following Trump's trade war confirmation; Bitcoin decreased by 1% to $111,100, Ethereum decreased by 1% to $4,040, BNB decreased by 1% to $1,170, and SOL decreased by 4% to $195 [1] - Gold increased by 1% to $4,260 [1] - Memecoin leaders mostly declined; DOGE decreased by 2%, Shiba decreased by 2%, PEPE decreased by 4%, PENGU decreased by 4%, BONK decreased by 4%, TRUMP decreased by 3%, SPX decreased by 5%, and FARTCOIN decreased by 4% [3] Regulatory & Institutional Developments - Erebor Bank, backed by Palmer Luckey and Peter Thiel, secured a conditional federal bank charter, aiming to operate as a stablecoin-era crypto bank under the GENIUS framework [1] - Sony Bank applied for a national trust charter to issue USD stablecoins and offer custody services [1] - Kraken acquired Small Exchange for $100 million, gaining a license to offer derivatives trading in the US [1] - The UK moved to repay Chinese victims of a $7 billion Bitcoin fraud [1] Token & Protocol Updates - Launchcoin decreased by 23% to $78 million after Pasternak announced plans to increase the token supply by 33% to 133 billion and a flywheel to buy BELIEVE [3] - MegaETH opened registration for a public ICO, open for 12 days [3] - Jupiter announced changes for its JUP token including scaling down the DAO, dropping unstaking window from 30 days to 7 and voting to burn current JUP buyback [3] - Tether's USDT0 and XAUT0 launched on Solana, powered by LayerZero [3] NFT Market - OpenSea announced that its Wave 1 is locked and Treasure Chests claimable by Oct 17 with $122 million in prizes; Wave 2 runs Oct 15 - Nov 15 with $1 million in tokens added to prize pool [3] - Plush Pepe 7 sold for 25,000 TON ($55,250) on Portals marketplace in Telegram [3] Corporate Treasury & ETF Flows - Bitcoin ETFs experienced $1041 million in net outflows on Wednesday; Ethereum ETFs saw $1696 million in net inflow [1]

Group 1: Market Developments - USDT0, a liquidity unification protocol by Tether, has launched a tokenized gold asset, XAUT0, on the Solana blockchain, coinciding with gold prices reaching an all-time high of $4,200 driven by rate-cut expectations and increased RWA tokenization adoption [1] - Solana has seen a 35.3% increase in tokenized asset value over the last 30 days, now totaling $686.3 million, solidifying its position in the RWA sector [1] - The USDT0 listing provides access to over $170 billion in unified liquidity across more than 12 chains, marking Tether's strategy to diversify beyond stablecoins [2] Group 2: Solana Price Performance - Despite positive developments from Tether's gold tokenization and significant USDT liquidity, Solana's price remained subdued at around $195.8, down 5% daily, with trading volumes decreasing by 31% to $9.9 billion [3] - Concerns over a potential sell-off were raised after an $88,131 SOL transfer (approximately $17.6 million) to Coinbase from Alameda Research-linked wallets, historically associated with price declines for Solana [4] Group 3: Technical Analysis - Solana is currently in a retracement phase after a recovery from sub-$180 levels, remaining within a corrective structure following a recent sell-off [5] - Momentum indicators show a mixed outlook, with the 14-day RSI at 43.7, indicating fading bullish strength but not yet oversold conditions, while the Parabolic SAR suggests a continuation of the downtrend until a reversal is confirmed [6] - If Solana can reclaim and close above $213, bullish traders may target the upper Bollinger band at $244 as the next objective [7]

EXCLUSIVE: Tether-linked USDT0 and XAUT0 launch on Solana via LayerZero tech https://t.co/brPOoOFiYd ...

Listing Information - XAUT0 by @USDT0_to on @ton_blockchain 上线 Bybit 交易所 [1]