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XRPL Lending Proposal Adds Closed-Ended Vault Design To Protocol Plans

TL;DR: Technical documentation for the proposed LendingProtocolV1_1 amendment describes closed-ended vaults with defined subscription and redemption dates on the XRP Ledger. XRP Ledger developers have outlined a more structured approach to lending vaults, adding a design that would let some pools run for a fixed period rather than remain permanently open to deposits and withdrawals. The LendingProtocolV1_1 documentation introduces a VaultKind setting in the VaultCreate transaction. An open-ended vault remains the default, while a second value would identify a closed-ended vault with additional dates controlling when new subscriptions close and when redemption can begin. Those fields matter for products that need a predictable investment period. Institutional-style lending arrangements often have subscription windows, capital lockups and maturity schedules that are harder to represent using a continuously open pool. The proposal describes the mechanics of creating such a vault, not...

Hoskinson Says He Is Building A New Cardano Language Around Cryptographic Proofs

TL;DR: Cardano founder Charles Hoskinson says he is personally developing a programming language that combines transaction intents, proof-carrying data and Groth16 proofs. Charles Hoskinson is returning to the keyboard. The Cardano founder says he is working directly on a new programming language with Input Output Global engineer Lucas Rosa, aimed at making complex blockchain actions easier to express and verify. His description brings together three ideas. Transaction intents describe what a user wants to achieve without forcing them to specify every execution step. Proof-carrying data attaches evidence that a computation or action meets certain rules. Groth16 proofs are compact cryptographic proofs that can be checked efficiently. In principle, those pieces could give Cardano developers another way to build applications that coordinate actions and verify results without putting every underlying calculation on-chain . There is a major caveat: Hoskinson has not publicly released ...

Cardano Puts Real-World Usage At The Centre Of New Catalyst Grants

TL;DR: Cardano is highlighting a 12-team Catalyst pilot in which much of the grant funding depends on real adoption rather than merely launching a project. Crypto grant programmes have a familiar problem: it’s easier to count funded ideas than products anyone actually uses. Cardano’s Project Catalyst has been trying a different approach with its 2026 pilot cohort, which is now being highlighted again by the ecosystem. The original selection announcement came on September 24. Twelve teams were chosen from 117 applications, covering areas including stablecoin payments, lending, programmable tokens, identity and supply-chain applications. The pool was designed around roughly two million ADA in grant funding. The more interesting detail is how teams get paid. Catalyst says 40% of an approved grant is released after onboarding, while the rest is linked to adoption targets and continued use. That asks recipients to demonstrate something after deployment, rather than treating...

Solana Counts Down To Alpenglow Upgrade With Faster Finality In Focus

TL;DR: Solana is approaching its planned Alpenglow consensus upgrade, which targets transaction finality of roughly 150 milliseconds — a goal, not a guarantee of live-network performance. Solana’s next big technical change is scheduled for October 21. Alpenglow would replace the network’s existing consensus approach with a redesigned system intended to make transactions final far more quickly. The advertised target is about 150 milliseconds, compared with the multi-second finality associated with the current design. That’s a striking number, but it should be treated as an engineering objective. The real test comes when validators run the software under actual mainnet conditions. Alpenglow also changes the mechanics of voting. It is designed to move much of the validator-vote overhead away from ordinary user transactions, meaning some headline transaction-count metrics could change even when economic activity does not. That distinction matters for anyone trying t...

SkyAI Sells Its Solana Holdings And Launches $201 Million Buyback Offer

TL;DR: SkyAI says it has sold all its SOL and started a cash tender offer that could cost roughly $201.3 million if fully subscribed. SkyAI’s experiment as a Solana treasury company has taken a dramatic turn. Rather than simply holding through market volatility , the Nasdaq-listed firm says it has sold its entire SOL position and is offering to buy back as much as 95% of certain outstanding shares and warrants. An October 19 filing with the Securities and Exchange Commission puts the proposed cash purchase price at $3 per share or warrant. If everyone eligible tenders the maximum amount, the purchase would total approximately $201.3 million. The company disclosed $223.8 million in cash as of October 16 and confirmed that its Solana sales were complete by that point. Consequently, the tender offer is no longer conditional on the price of SOL — a material change from an earlier version of the plan. The decision is noteworthy because many listed cryptocurrency treasury compani...

Cardano Stablecoin Market Tops $70 Million As USDC Dominates Supply

TL;DR: Stablecoins issued or circulating on Cardano reached roughly $70.2 million in DefiLlama’s October 18 snapshot, up about 31% over 30 days. USDC represents nearly two-thirds of that total. Cardano’s stablecoin market has crossed another small but notable threshold. DefiLlama’s October 18 figures put the network’s dollar-pegged token supply at approximately $70.2 million, with 30-day growth of about 31%. USDC accounts for most of the balance. The tracker lists around $44.5 million in USD Coin on Cardano, equivalent to roughly 63.5% of all stablecoins it follows there. Moneta’s USDM contributes about $13.5 million, while RealFi USDrf and Anzens USDA make up smaller portions of the total. For an ecosystem seeking deeper decentralized finance markets, stablecoin supply is an important ingredient. Traders and lenders need liquid assets that can serve as a common dollar unit, and developers often rely on them to support borrowing, payments and settleme...

Aptos Burns 174,000 APT In A Month, Yet Token Supply Keeps Rising

TL;DR: Aptos reports roughly 174,570 APT burned in the past 30 days, but gross staking issuance is about 1.5 million APT a month. Fee burns reduce issuance; they have not made the token deflationary . Burning tokens sounds attractive to investors until the other side of the supply equation comes into view. Aptos provides a useful example. The network’s own supply dashboard shows about 174,570 APT destroyed through transaction fees over a 30-day period. Unlike fees paid out to validators, these tokens are permanently removed from circulation. It is an increasingly visible feature of Aptos’s token economics as the chain handles more activity. But the amount being created is larger. The same dashboard puts gross monthly staking emissions at approximately 1.5 million APT, leaving net new supply of roughly 1.4 million tokens a month after accounting for burns. That is why a rising burn figure should not be described as proof that APT has become deflationary. The dashboard ...