Foresight News report, Multicoin Capital Managing Partner Tushar Jain and Jito Governance Lead Nick Almond jointly released "The Solana Constitution" proposal at the Solana Breakpoint conference, aiming to address the current ambiguity in Solana governance. The core of the proposal introduces the "Staker Override," allowing stakers to overturn their delegated validators' voting decisions on specific proposals, thereby solving the agent problem in representative democracy and granting ultimate sovereignty to stakers. The proposal recommends a dual-track system: SGPs for systemic changes require full network voting, while technical specifications

Foresight News现场报道, Cryptocurrency financial services company Abra CEO Bill Barhydt announced at the Solana Breakpoint conference the launch of AbraFi, a synthetic asset tokenization platform based on Solana. AbraFi will be released to the public in the form of a DAO, not owned by Abra Inc. Governance token AFI holders will receive a majority of the protocol's revenue share and have governance rights over the product mechanism. The first product of AbraFi is a synthetic US dollar.

Foresight News现场报道，Solana ecosystem Prime broker Project 0 founder MacBrennan Peet announced at the Solana Breakpoint conference that Project 0 plans to launch its token in the first quarter of next year. Currently, the Project 0 system holds approximately $300 million in funds, has integrated Kamino, and will integrate Drift in January next year. In the first half of next year, it will also integrate Jupiter Lend. Additionally, MacBrennan Peet announced that the payment product Project 0 will be launched in January next year.

Odaily星球日报讯 美联储保尔森表示，近期降息后，货币政策仍具限制性，美联储将在 1 月 FOMC 会议上掌握更多相关信息，明年通胀有很大几率回落。（金十）

Odaily Planet Daily reported that the S&P 500 Index closed at a new all-time high again on Thursday. While this is not uncommon in 2025, it has been six weeks since the last record was broken. Ed Clissold, Chief US Strategist at Ned Davis Research, said, “Considering that US companies continue to deliver strong earnings reports, and the US economy has proven to be resilient, the current market sentiment is far from euphoric, which means there is still room for further gains by the end of the year and into early next year.” Noticing that investor enthusiasm is not only subdued at Ned Davis Research, even though the stock market is at an all-time high. Barclays’ “Stock Market Euphoria Indicator” has stabilized but remains well below its early October peak, indicating that the market still has “dry gunpowder” to drive potential year-end gains. (Jinshi)

Odaily Planet Daily News: The Federal Reserve signaled this week its openness to continue cutting interest rates in 2026, which was welcomed by investors. The market had previously prepared for the central bank to implement "hawkish rate cuts," i.e., lowering the benchmark federal funds rate, while also strongly indicating a reluctance to make further adjustments. The US stock market rose along with bonds, with the Dow Jones Industrial Average climbing nearly 650 points (1.3%) on Thursday, reaching a new all-time high. Despite internal disagreements within the Fed and the release of complex signals on Wednesday, many still see signs that even a slight further softening of the labor market could prompt the central bank to cut rates again in the coming months. The Fed announced it will expand its balance sheet by purchasing short-term government bonds, an initiative aimed at easing recent pressures in the overnight lending market, which also reassured investors. Investors expect that the Fed will be very different next year, and Trump has already begun to target this week.

BlockBeats News, December 12 — The official Raise Network team announced at the Solana Breakpoint conference that the Raise Smart Cards project has chosen Solana as the infrastructure to build on-chain gift cards and loyalty ecosystems. The on-chain intelligent gift card system will support loyalty rewards for brands such as Uber and Fanatics, leveraging Solana's high-performance advantages.

Foresight News reports that, according to Bloomberg, Tether plans to raise up to $20 billion through a stock issuance and will consider tokenizing the shares after the sale is completed. Sources familiar with the matter revealed that Tether executives are considering various options, including share buybacks, and storing the company's stock in digital form on the blockchain through tokenization after the transaction. The sources also disclosed that at least one existing shareholder previously planned to sell shares at a price significantly below the company's $500 billion valuation, but Tether intervened to prevent this plan. The sources further revealed that Tether's management is concerned that a sell-off by current investors could impact its massive fundraising efforts. Due to the involvement of confidential information, these individuals requested anonymity. One insider stated that the company currently has no plans to allow existing shareholders to sell shares in this round of major financing.

BlockBeats News, December 12 – Proph3t, co-founder of MetaDAO, a governance project in the Solana ecosystem, stated at the Solana Breakpoint conference that MetaDAO implements a true ownership mechanism on Solana through "ownership coins," primarily involving two components: Governance/Market Oversight Component: similar to a DAO but less extreme. Proposals are made 2 to 4 times a year, such as issuing new tokens for OTC investment rounds. Users do not vote but participate through trading. Legal Structure Component: to prevent project rug pulls.

Foresight News现场报道，stablecoin payment platform KAST founder and CEO Raagulan Pathy introduced several product updates at the Solana Breakpoint conference, including: now supporting payments via SWIFT to over 125 countries or regions, with no fees for amounts exceeding $5000; plans to expand real-time payments to 55 countries or regions in the coming weeks using local payment channels such as Brazil's Pix and India's UPI; will launch the Savings Vault feature in collaboration with Gauntlet next week, with an approximate yield of 7%, which will support direct consumption and collateralized lending in the future; has opened the enterprise version waiting list; launched KAST.

Foresight News on-site report, Figure co-founder and CEO Mike Cagney stated at the Solana Breakpoint Conference that Figure has recently filed a new S-1 application, planning to issue blockchain-based common stock. Blockchain stocks will be a blockchain-native equity security and will be in Figure

BlockBeats News, December 12 — Cindy, co-founder of Solana ecosystem DeFi protocol Drift, stated at the Solana Breakpoint conference, "We will launch a mobile app in the first quarter of next year. This will be the first native application integrated with a multi-collateral account on mobile, and it will also include: Launch App"

Gate News Bot message, December 12th, according to CoinMarketCap data, as of press time, LUNC (Terra Classic) is trading at $0.00, down 22.56% in the past 24 hours, with a high of $0.000079848 and a low of $0.0000063462. The 24-hour trading volume reached $174 million. The current market capitalization is approximately $255 million, a decrease of about $74.37 million from yesterday. Terra Classic is an open-source decentralized blockchain driven by the Tendermint consensus mechanism and Cosmos SDK, operating independently of the original Terra network. Maintained by a diverse set of validators and one of the most active communities in the crypto space, its block finalization time is about 6 seconds, with transaction fees below 1 cent.

Kamino co-founder Marius Ciubotariu unveils new branding and six new products at the Solana Breakpoint conference, including fixed-rate lending, off-chain collateralized borrowing, private placement lending, decentralized exchanges, and more, aiming to enhance lending services and interest rate discovery.

BlockBeats News, December 12th, at the recently concluded Abu Dhabi BNB Hackathon, CZ and DragonVerse founder Natsuki engaged in a highly aligned and forward-looking in-depth discussion on the immense development potential of culture and IP on the blockchain. CZ expressed strong anticipation for this development direction on-site and stated, "Welcome IPs like Dragon Ball to BNB."

Gate News Bot message, December 12th, according to CoinMarketCap data, BTX (BeatSwap) is currently priced at $0.04, down 2.54% in the last 24 hours, with a high of $0.06 and a low of $0.03. The current market capitalization is approximately $8.6 million, a decrease of $224,381.42 compared to yesterday.

Solana ecosystem platform Metaplex's Chief Design Officer Stephen announced at the Solana Breakpoint conference that the Genesis SDK is officially launched, supporting various application development such as trading platforms and aggregators, and can integrate smart contracts with fair issuance models.

Hyperliquid Strategies announces the launch of a $30 million, 12-month stock repurchase program aimed at boosting the stock price of the company that recently went public and strengthening the value linkage between its stock and the HYPE token. The plan was announced after the company's official listing on NASDAQ, not only to support secondary market performance but also to further expand the company's staked and reserve holdings of HYPE tokens. The establishment of Hyperliquid Strategies stems from the merger of Sonnet BioTherapeutics and Rorschach, a SPAC company under the crypto venture fund Paradigm. The merger was originally scheduled to be completed in November but was finalized on December 2nd, leading to the company's stock beginning trading in early December. As an asset management firm focused on digital assets, Hyperliquid Strategies holds a large amount of HYPE tokens, and this buyback plan will further strengthen its capital position within the token ecosystem.

Foresight News: The co-founder of token sales platform Legion, Matt OConnor, stated at the Solana Breakpoint conference that Legion will launch multiple Solana ICO projects within the next 60 days and plans to introduce compliant rights sale features in the first quarter of next year, providing a compliant path from seed rounds to public token issuance. Matt OConnor pointed out that the traditional dual-capital structure of "equity + tokens" has caused approximately $250 billion in value destruction over the past five years, resulting in VC protections for equity holders while token holders suffer. Legion aims to promote "Tokens as Rights"

Gate News Bot Message, December 12th, according to CoinMarketCap data, as of press time, LUNA (Terra) is now trading at $0.18, down 24.30% in the past 24 hours, with a high of $0.25 and a low of $0.10. The 24-hour trading volume reached $453 million. The current market cap is approximately $125 million, down $40.26 million from yesterday. # Recent Important News on LUNA: 1️⃣ **Rwandan Court Sentencing Results Trigger Short-term Correction Pressure** Terraform Labs co-founder Rwandan was sentenced on December 11th at the Manhattan Federal Court, marking a new phase in the legal proceedings of the 2022 TerraUSD collapse. The incident once wiped out about $40 billion in market value and was one of the most significant crises in cryptocurrency history.

Backpack founder Armani Ferrante stated at the Solana Breakpoint conference that Solana is currently the only network capable of achieving large-scale decentralized execution, highlighting its advantages in scalability issues.

Solana yield aggregator Ranger Finance announces the launch of the yield token Ranger USD (rgUSD), designed to help stablecoin holders earn yields automatically. The token's mechanism includes a foundational layer of decentralized deposits into lending markets, and an enhanced layer employing Delta-neutral funding rate strategies. Ranger also plans to conduct an RNGR token sale at MetaDAO.

XRP price trend is entering a critical phase. As the descending triangle pattern tightens further, market concerns about a potential decline are intensifying. At press time, XRP trading price is at $2.03, up slightly by 1% in the past 24 hours, but the overall momentum remains weak. Over the past week, XRP has traded within a range of $1.99 to $2.17, located at the tip of the descending triangle, with space clearly narrowing, indicating an imminent breakout. From a longer-term perspective, XRP has fallen 14% in the past month, retreating about 45% from the July all-time high of $3.65. Trading activity has also decreased, with spot daily trading volume dropping to $3.08 billion, a 26% decrease day-over-day, and the derivatives market showing a similar weakening trend. According to CoinGlass, futures trading volume has declined by 25%, with open interest slightly down to $3.69 billion. When both spot and derivatives volumes decline simultaneously, it often indicates that market participants are avoiding risk and waiting for clear directional signals.

At the Solana Breakpoint conference, co-founder Anatoly Yakovenko stated that decentralization does not mean the absence of leaders, but rather the emergence of diverse leadership, demonstrating the network's maturity and self-evolution. He is proud of the current leadership role of the network.

Gate News Bot Message, December 12th, according to CoinMarketCap data, TAO (Bittensor) is currently priced at $302.14, up 6.44% in the past 24 hours. The highest price reached $314.54, and the lowest dropped to $270.71. The 24-hour trading volume is $132 million. The current market capitalization is approximately $3.166 billion, an increase of $192 million compared to yesterday. # Recent Important News about TAO: 1️⃣ **Grayscale Bittensor Trust GTAO Launches on the Secondary Market, Opening a New Entry Point for Institutional Investors** Grayscale's Bittensor Trust has begun trading on the OTCQX secondary market operated by OTC Markets Group, with the stock ticker GTAO

PANews December 12th News, according to three sources, the Bank of Japan may maintain its commitment to continue raising interest rates next week, but will emphasize that the pace of further hikes will depend on how the economy responds to each increase. BOJ Governor Haruhiko Kuroda has essentially announced in advance that there will be a rate hike in December, and the market has almost fully priced in the possibility of raising rates from 0.5% to 0.75% in December. The market's focus has shifted to how much the BOJ can raise interest rates to a neutral level. Sources say that although the central bank may internally update its estimate of the policy rate relative to what is considered a neutral level, it will not use this estimate as the main communication tool for future rate hike paths due to the difficulty of making precise predictions. Instead, sources say the BOJ will explain that future rate hike decisions will be based on considerations of how past increases have affected bank lending, corporate financing conditions, and other economic activities. One source stated

Gate News Bot Message, December 12th, according to CoinMarketCap data, as of press time, LINK (Chainlink) is trading at $14.08, up 3.64% in the past 24 hours, reaching a high of $14.98 and a low of $13.23. The 24-hour trading volume is $595 million. The current market capitalization is approximately $9.809 billion, an increase of $345 million from yesterday, ranking 13th. Chainlink is the industry-standard oracle platform, dedicated to bringing capital markets on-chain and supporting most decentralized financial applications. As an integrated oracle platform, Chainlink provides key infrastructure for creating cross-chain interactive advanced blockchain applications, including data, compliance, privacy, connectivity, and orchestration features.

Gate News Bot Message, December 12 - According to CoinMarketCap data, as of press time, US (Talus Network) is trading at $0.02, up 33.96% in the past 24 hours, with a high of $0.03 and a low of $0.01. The current market cap is approximately $45.2 million, an increase of $11.4 million from yesterday. Talus Network is an ecosystem of blockchain infrastructure and AI agent platforms, offering services including the Nexus framework, IDOL.fun Agent vs Agent gaming platform, AI Agent launchpad and tokenization platform, Talus Vision no-code agent builder, and more. It aims to promote the development and application of decentralized AI agents.

Crypto analyst Murphy stated that institutional traders believe that there is capital betting on short-term support at 90,000, while 85,000 is seen as a pullback buying point. Market participants are also buying options in preparation for future large fluctuations.

BlockBeats News, December 12 — Brennan Watt, Vice President of Core Engineering at Solana research and development company Anza, stated at the Solana Breakpoint conference that proposal SIMD-0389 could reduce Solana account creation rent by 10 times, potentially scalable to a 100-fold reduction. Note: In the Solana network, Account Rent refers to the "storage fee" mechanism required for an account to permanently store data on the chain. According to Anza's analysis of the security slowdown mechanism, this change was discussed at the recent SolanaConf and may involve reclaiming hundreds of millions of dormant accounts.

In Q4 2025, the pace at which companies are purchasing Bitcoin (BTC) has significantly slowed, with 65% of listed companies currently holding Bitcoin at a price below their cost basis, resulting in unrealized losses. Against the backdrop of more cautious corporate fund management, Bitcoin miners are gradually becoming the most stable accumulation force in the public market, laying the foundation for corporate adoption in the next stage. Entering November, Bitcoin's price recorded the largest monthly decline of the year, dropping 17.67%, causing many corporate investors who built positions during 2025 to incur losses. According to the latest Bitcoin Treasuries report, more than two-thirds of the 100 listed companies in the sample are holding positions with unrealized losses, leading to a cooling market demand.

ChainCatcher 消息，据金十报道，第一阿布扎比银行分析师在报告中表示，美国未来几个月的利率前景已处于关键拐点。他们指出，全球市场需要为各种可能的结果做好准备。该行预计，美联储在 2026 年的额外降息幅度不会超过 50 个基点，全年利率走势将主要取决于通胀走向、劳动力市场表现，以及内外部政策风险的发展情况。

Gate News Bot message, December 12th, according to CoinMarketCap data, as of press time, USUAL (Usual) is currently priced at $0.03, up 16.19% in the last 24 hours, with a high of $0.03 and a low of $0.02. The current market capitalization is approximately $43.2 million, an increase of $6.02 million from yesterday. Usual is a decentralized protocol dedicated to building a distributed banking system. Its issuance of fiat-backed stablecoins supported by real assets (RWA) combines the security of real assets with the composability and liquidity of DeFi. The protocol returns ownership and governance rights to users through the USUAL token. Usual's core products include USD0 stablecoin—a RWA stablecoin fully backed by US short-term government bonds—and USD0++—the liquid staking version of USD0, which provides

Crypto KOL @0xSammy revealed on X that Circle co-founder and CEO Jeremy Allaire stated at the Solana Breakpoint conference: "In the future, hundreds of millions or even billions of agents will continuously serve individuals and institutions... and some institutions will be operated entirely by artificial intelligence."

Gate News Bot Message, December 12 — According to CoinMarketCap data, as of press time, ICNT (Impossible Cloud Network) is trading at $0.35, up 39.07% in the past 24 hours. The highest reached $0.36, and the lowest dropped to $0.23. The 24-hour trading volume is $11.4 million. The current market capitalization is approximately $59.3 million, an increase of $1.67 million from yesterday. Impossible Cloud Network (ICN) is a global bare-metal AI infrastructure network dedicated to providing high-performance, low-cost cloud computing solutions for enterprise AI applications. The network has been deployed in key global markets including Europe, the US, and Asia, offering instant access to enterprise-ready AI infrastructure. ICN's ecosystem generates an annual revenue of $7 million and provides

Gate News Bot Message, December 12th, according to CoinMarketCap data, as of press time, SOL (Solana) is trading at $136.84, up 4.28% in the past 24 hours, with a high of $144.74 and a low of $128.29. The 24-hour trading volume reached $4.843 billion. The current market cap is approximately $76.872 billion, an increase of $3.156 billion from yesterday. Solana is a high-performance public chain providing global financial infrastructure for the masses. The Solana network is known for its high speed, low fees, and scalability, with a block time of only 400 milliseconds, capable of processing thousands of transactions per second, while maintaining transaction fees below $0.0025. The network is supported by thousands of independent validating nodes, ensuring data security and censorship resistance. Solana has processed over 340 million NFTs.

Gate News Bot Message, December 12th, according to CoinMarketCap data, as of press time, SAGA (Saga) is currently trading at $0.07, up 10.59% in the past 24 hours, with a high of $0.08 and a low of $0.06. The 24-hour trading volume reached $9.27 million. The current market capitalization is approximately $24.4 million, an increase of $2.33 million from yesterday. Saga is a blockchain infrastructure protocol dedicated to enabling developers to easily and quickly create their own dedicated, scalable, and interoperable Layer-1 chains. The platform provides unlimited horizontal scalability through the Saga protocol, allowing users to launch EVM-compatible Layer-1 blockchains permissionlessly within minutes. Core features of Saga include: unlimited horizontal scalability, zero transaction fees, and no

According to data from blockchain analytics firm Glassnode, whales holding between 10,000 and 100,000 BTC have sold or redistributed approximately 36,500 BTC since December 1, equivalent to about $3.4 billion. This sell-off occurred as Bitcoin struggled to break through the $94,000 resistance level. Currently, BTC is trading at $92,250 in the Asian morning session on Friday, down 0.2%. Institutional custodians or early miners holding large amounts of Bitcoin are reducing risk, shifting market sentiment from accumulation to distribution. This trend contrasts with the still-high buying enthusiasm among retail investors. Meanwhile, the liquidity of stablecoins has declined significantly, with inflows decreasing by 50% since August this year, indicating limited financial support for Bitcoin to break the $100,000 barrier.

Gate News Bot Message, December 12th, according to CoinMarketCap data, as of press time, RSR (Reserve Rights) is trading at $0.003374, up 15.25% in the past 24 hours, with a 24-hour trading volume of $31.7 million. The current market capitalization is approximately $208 million, an increase of $2.76 million from yesterday. Reserve is a decentralized token investment portfolio (DTF) platform, similar to an ETF in the crypto space, allowing users to gain exposure to the entire crypto market, specific sectors, and investment strategies with one click. RSR is the governance token of the platform, and holders can stake RSR to protect the protocol, participate in governance, and earn rewards.

Gate News Bot Message, December 12th, according to CoinMarketCap data, as of press time, BTC (Bitcoin) is currently trading at $92,362.57, up 2.83% in the last 24 hours, with a high of $94,601.57 and a low of $87,799.56. The 24-hour trading volume reached $60.103 billion. The current market cap is approximately $1.84 trillion, an increase of $50.698 billion compared to yesterday. Bitcoin is an innovative payment network and a new type of currency. Bitcoin operates on peer-to-peer technology, without the need for a central authority or bank management. Transaction management and Bitcoin issuance are collectively handled by the network. Bitcoin is open source, with its design publicly available. No one owns or controls Bitcoin, and everyone can participate. Through many unique attributes, Bitcoin provides fast

Gate News Bot Message, December 12th, according to CoinMarketCap data, UAI (UnifAI Network) is currently priced at $0.15, up 17.18% in the past 24 hours, with a high of $0.16 and a low of $0.13. The 24-hour trading volume reached $9.45 million. The current market cap is approximately $36.5 million, an increase of $5.35 million from yesterday. UnifAI Network is an AI-native infrastructure platform designed specifically for the autonomous DeFi era. Users can create, share, copy, and automate trading strategies on its platform.

ChainCatcher Message, according to GMGN data, the top 5 tokens with net inflow by KOL in the past 24 hours are as follows: 1. AI (7ea3....FK2): Net inflow of $9,000, a 17,179.5% increase over the past 24 hours, currently quoted at $0.0008. 2. 1649AC (HSie....ump): Net inflow of $2,000, a 39,009.2% increase over the past 24 hours, currently quoted at $0.0015. 3. Nimbus (831o....ump): Net inflow of $896, a 1,562.6% increase over the past 24 hours, currently quoted at

On-chain analysts have detected a whale repeatedly longing WBTC who has started unwinding leverage. Recently, they sold 150 BTC at an average price of $92,276 on-chain and repaid part of their Aave loan, resulting in a loss of $75,000. Currently, they have collateralized 225.07 WBTC in Aave with a health factor of 1.85.