Latest Cryptocurrency News

Is Shiba Inu (SHIB) Still Worth Holding in September? History Offers Two Different Signals - Shiba Inu ($SHIB) ended August at about $0.00000504, locking in a 20.4% gain for the quarter. That sounds promising, but as September starts, holders are left wondering—do they stick it out, or should they brace for another dip? The answer isn’t simple. History sends mixed signals. If you’re short-term minded, September has usually been tough. CryptoRank data shows September is SHIB’s weakest month, with an average loss of about 2.7% and a median drop just under 3%. SHIB managed to finish September in the green only twice—so, not a great track record. It’s reasonable to expect some bumps or even a drop as traders navigate the new month. The technicals don’t exactly scream “bullish” either. Looking at the daily chart, SHIB is still stuck below the 200-day moving average at $0.00000537. When the token tried to break through that level in August, sellers pushed it back down. Right now, the RSI sits around 51.5—smack in the middle—so there’s no strong buying momentum carrying SHIB higher yet. Until the price moves past $0.00000537, it’s probably going to keep struggling. Third quarter paints a different picture Still, zoom out a bit and things look brighter for SHIB going into the rest of 2026. The token’s up over 20% for the third quarter, smashing its usual Q3 average of just 2.4%. So SHIB isn’t limping into September—it’s got more momentum than usual. If you’re thinking longer term, this might make holding SHIB through September more appealing. Even if things get choppy, it doesn’t necessarily derail the bigger uptrend, as long as key support levels hold. Support levels to watch SHIB isn’t defenseless on the downside. The 23-day moving average is around $0.00000492, and the 50-day sits near $0.00000471. Both have started trending up and could catch the price if selling picks up. That sets the stage for a pretty clear trading range: bulls will want to defend $0.00000470, while the next big test for any upward move is the $0.00000537 resistance. A clear break one way or the other could set the tone for what’s next. Is Shiba Inu (SHIB) Still Worth Holding in September? History Offers Two Different Signals There’s another angle. Historically, Q4 has been one of SHIB’s best stretches. CryptoRank shows an average Q4 return of about 71%, with October alone sometimes pulling off wild gains—over 160% on average. Of course, past performance isn’t a guarantee. SHIB’s big moves happened in very different market environments, and whatever Bitcoin and the rest of crypto are doing will still shape the outcome. Even so, maybe a choppy September sets the table for the kind of strong finish SHIB’s seen before, rather than marking the start of something worse. So heading into September, SHIB has one foot in both camps. History says trouble’s brewing, and the 200-day moving average hasn’t budged. But the third quarter outperformed, technicals are improving, and Q4 has often been a winner. For now, the $0.00000470–$0.00000537 zone is where the fight’s happening. If the price breaks below support, the bears probably take over. But if SHIB finally clears that stubborn 200-day average, things could flip quickly and spark the next rally. Bottom line, September isn’t likely to be a quiet ride for SHIB holders. Whether it marks another pullback or just a breather before a strong year-end run, all eyes will be on which side of the current trading range gives way first. Related Reading : https://www.topcoinindex.com/id/news/polygon-deploys-two-emergency-hard-forks-to-patch-security-issues-across-its-pos-network

Polygon Deploys Two Emergency Hard Forks to Patch Security Issues Across Its PoS Network - Polygon Labs just launched two hard forks aimed at tightening up the security of its proof-of-stake network. They’re called Kyoto and Austin. Polygon revealed both updates in a forum post, but only after quietly pushing them live. Anyone running a node on Polygon has to upgrade their software if they want to stay part of the network’s main consensus. Each fork tackles its own set of issues. Kyoto focuses on Heimdall, the part of Polygon that coordinates validators. Austin, on the other hand, deals with Bor, which handles transaction execution. So, what went wrong with Heimdall? According to Polygon, the problem was in the way it processed transaction data. The software uses a structure called google.protobuf.Any, which lets you wrap data—and even nest those wrappers inside each other. The trouble: the old version didn’t limit how deep these nests could go. This made it easy for someone to launch a denial-of-service attack. An attacker could pack a transaction with an absurd number of nested wrappers, barely spending anything in the process. But validators would have to chew through all that complexity, burning up CPU power. Polygon described the flaw as a kind of permissionless exploit—anyone could have forced validators to waste resources all at once. The Kyoto hard fork rolled out Heimdall v0.11.0 to stop this. Now, the software does a quick byte-level check. If a transaction nests too deep, it gets kicked out right away. This validation happens in two places: first, when the transaction hits the mempool (that’s CheckTx), and again when validators run through proposed blocks (that’s ProcessProposal). Double-checking makes it tough for any bad transaction to sneak through. Meanwhile, the Austin fork targeted Bor. There were actually two separate denial-of-service risks here. First, state-sync events. These let Polygon bridge activity from Layer-1 chains over to Layer-2. They can trigger smart contracts just like regular transactions—but before, there was no strict limit on how much gas state-sync operations could use in a block. Austin fixes this by adding a hard gas limit for state-sync activity. Now, nobody can grind the network to a halt with oversized bridge transactions. The second issue? The TxDependency field. Polygon hadn’t set a true size cap on this field, so a malicious actor could stuff it full of data. When nodes tried to process these bloated blocks, they could lag badly or even crash—even though everything else about the block looked normal. Polygon decided to cut the problem at the root: they removed TxDependency from Bor’s data format completely. No Exploits Detected, Quick Upgrade Path for Operators Polygon Deploys Two Emergency Hard Forks to Patch Security Issues Across Its PoS Network Polygon was clear—there’s no sign anyone actually exploited these vulnerabilities. The team says they found and patched the problems before running the hard forks. Austin went live at Bor block 91,949,700. Kyoto followed at Heimdall height 51,533,000. For node runners, the job is straightforward: install Bor v2.10.0 and Heimdall v0.11.0. Anyone still on an old version? They’ve already split from the main chain by now. On the plus side, upgrading doesn’t mean a messy migration. Node operators don’t have to migrate state, tweak the initial network settings, or re-download the entire blockchain. Just update and you’re set. All this came while Polygon’s POL token faced a bit of selling. It hovered around $0.09—down about 9.3% in the past day. Still, it was up over 25% in the past month, if you look back a bit further. Earlier this year, Polygon ran into a separate hiccup: the Heimdall V2 mainnet blinked out for almost an hour in July. For Polygon, these recent updates are another reminder: keeping a proof-of-stake network secure is ongoing work. The team acted before anyone could exploit these loopholes, closing out potential denial-of-service attacks before they became a real headache. Between Kyoto’s fixes for transaction structure in Heimdall and Austin’s tightened block processing in Bor, Polygon closed off a couple key weak spots—without making operators jump through hoops to stay current. Related Reading : https://www.topcoinindex.com/id/news/stablecoin-market-cap-adds-nearly-1b-as-dex-trading-activity-cools

Stablecoin Market Cap Adds Nearly $1B as DEX Trading Activity Cools - The crypto market’s cash flow is acting a little strange right now. More stablecoins keep showing up, but actual trading on decentralized exchanges is sliding the other way. Take a look at the numbers from Lookonchain. Over the last week, the total market value of stablecoins jumped by nearly $987 million. But trading spot volume on DEXs slipped almost 5%, and perpetual futures trading slid by nearly 13% compared to the week before. So, what’s going on here? Fresh money is coming into crypto, but people aren’t in a hurry to use it. More Stablecoins, But Traders Are Sitting Out There’s something about the way stablecoins are piling up that deserves attention. These tokens are like dry powder—they sit around, ready to be put to work whenever investors want. When people trade in their dollars for stablecoins, that money can flow into Bitcoin, altcoins, liquidity pools, or DeFi protocols at any time. Usually, a bigger stablecoin supply means more cash waiting on the sidelines. But right now, that cash isn’t moving much. Spot volume on DEXs dropped about 5%, and the sharper fall in perpetual futures suggests traders have become less eager to speculate. Instead of chasing every price move, folks look like they’re waiting for the market to pick a direction. Investors Are Holding Back Just because trading is down doesn’t mean everyone’s suddenly bearish. Maybe people are just more careful. With all these stablecoins parked on exchanges and in DeFi apps, traders can jump back in quickly if the market heats up. They’re basically keeping their options open—ready to buy Bitcoin, altcoins, or whatever, once something worth chasing appears. Some of that new cash probably isn’t even aimed at trading. Stablecoins earn decent returns in DeFi, so pumping up the supply doesn’t necessarily mean instant buying pressure. That’s why you can’t take stablecoin growth as a surefire sign prices are about to shoot higher. Stablecoin Market Cap Adds Nearly $1B as DEX Trading Activity Cools Right now, the crypto market seems to be in “wait and see” mode. If stablecoin balances keep swelling and trading volume finally picks up, that would be a clear sign investors are ready to get back in. More volume could mean bigger swings and maybe a big move for the entire market. But if DEX trading keeps sliding—even as stablecoin supply rises—it’s a sign people are still cautious and don’t want to take big risks yet. What could change this? Stuff like new regulations, macroeconomic news, changes in interest rates, or big updates to popular blockchains. Any of these could nudge sidelined money into action. Why Stablecoin Flows Matter Stablecoins are a handy way to measure how much liquid capital is floating around in crypto. When stablecoin liquidity picks up, strong market activity sometimes follows—especially if people decide to dump that cash into riskier assets. But it doesn’t always happen right away. Sometimes, a rising stablecoin stash just means people are parking cash, earning yield, or waiting out choppy market conditions. That’s why you can’t just look at stablecoin supply; you have to watch it next to trading volume, exchange balances, and what the market mood feels like. Market in a Holding Pattern If you look at the latest Lookonchain numbers, the contrast is clear: almost a billion dollars of stablecoins have landed in the past week, but both spot and perpetual trading have slowed. That tells you money is stacking up, but no one’s rushing in just yet. So, what should you watch next? Look for trading volume to catch up with the new stablecoin supply. If that happens, it’ll mean sidelined cash is finally being put to work—and that’s when you can expect more action. For now, though, it’s a cautious market. There’s money to deploy, but traders are still waiting for the right reason to go big. Related Reading : https://www.topcoinindex.com/id/news/zcash-developers-target-faster-private-transactions-cutting-wallet-processing-to-under-200ms

Zcash Developers Target Faster Private Transactions, Cutting Wallet Processing to Under 200ms - Zcash developers are making private crypto payments a lot faster. Thanks to a new cryptographic software package, the time it takes to build a shielded transaction can drop from over three seconds to under 200 milliseconds in some situations. The technology, called Zakura Common, comes from the team behind Zakura—a new Zcash node they introduced in July to boost the network’s performance. The main idea is to make private payments feel much more practical for regular people. Private Zcash transactions work differently from the ones you see on most blockchains. They hide key information such as who’s sending money, who’s getting it, and how much is moving. That level of privacy comes at a cost: your device has to do some heavy-duty cryptography before you can even send the transaction off. All this happens before the blockchain touches it, so folks are stuck waiting even before the usual network confirmation lag kicks in. But that’s where Zakura Common changes the game. The new software slashes the delay. Now, cryptographic operations can run over 14 times faster on your phone and more than five times faster on desktops. Hashing is also much quicker—over 21 times faster, in fact. Full nodes verify transactions four to eight times faster. Zcash Developers Target Faster Private Transactions, Cutting Wallet Processing to Under 200ms  Here's another key point: wallet developers don’t need a big Zcash network upgrade to use this. Zakura Common is open source, so developers can layer it right into existing wallets. The Zakura node already updated to version 1.3.0 with this technology, and Vizor Wallet is one of the first to adopt the new cryptographic stack. This setup means end users see improvements without waiting for every part of the network to catch up or all agree on a big protocol change. Speeding up transactions isn’t just about quick blocks. Zcash’s bigger vision is to someday support over 50,000 private transactions per second—on par with big payment networks. The current wallet software can handle only about one transaction per second, according to the Zakura developers. So, there’s a ton of ground to cover. That means optimizing everything from transaction verification, data handling, and synchronization, to the time your device takes to put a private transaction together. Zakura Common drills into a key bottleneck most people don’t notice: the work your wallet does before even talking to the blockchain. The team says the new libraries also help wallets sync more quickly, and full nodes can verify transactions faster and waste less energy on orphaned blocks. With Zcash’s next major network upgrade (NU7) on the way—one that cuts block time to 25 seconds—the speed gains become even more important. Zakura developers say the new software stack is already up for the challenge, showing it’s not just a quick fix but a step toward much higher transaction capacity. Of course, there’s still work to do. Turning these improvements into a fast, seamless experience across every wallet and every node will take time. But chopping private transaction build times down to under 200 milliseconds is real progress. If more wallet developers pick it up, Zcash can finally start catching up to the speed and convenience people expect from modern digital payments—without giving up on privacy. Related Reading : https://www.topcoinindex.com/id/news/xrps-rising-price-pushes-ai-wallets-toward-rlusd-creating-a-105-settlement-gap

XRP’s Rising Price Pushes AI Wallets Toward RLUSD, Creating a 105% Settlement Gap - There’s a growing gap between the price of XRP and Ripple’s RLUSD stablecoin, and it’s starting to shape how AI wallets make transactions on the XRP Ledger. If you look at the latest XRPL AI Hub dashboard, you’ll see these autonomous systems are shifting more and more toward using RLUSD, while XRP usage stays pretty low. Just over the past week, AI-powered scripts ran about 554,000 transactions. Out of all that, they only used 209 XRP. In comparison, RLUSD handled around 602 units in the same period. With XRP trading at roughly $1.40, this really stands out when you switch everything to U.S. dollars. The XRP these automated wallets spent adds up to $293.16, while RLUSD hit $602.27. That’s a 105% difference, all favoring RLUSD. Clearly, this isn’t just a quick blip—it looks like AI agents genuinely prefer the dollar-pegged stablecoin right now. Why are they choosing RLUSD over XRP? It mostly comes down to how these autonomous systems like to pay for things. AI agents often handle tiny payments for APIs, cloud compute, data streams, and other online services. These payments are usually super small—often just a fraction of a cent. For software operating with fixed dollar budgets, a volatile token like XRP is a headache. If the price of XRP jumps or drops, the real value of what they’re spending shifts around, too. That unpredictability makes planning tough. RLUSD, on the other hand, sticks close to the U.S. dollar, which keeps things simple and stable. This all became even more relevant as XRP rallied hard in late August—first spiking above $1.70, then settling between $1.38 and $1.50. For regular investors, that sort of price swing is just par for the course with crypto. But for AI scripts programmed to make precise dollar payments, even small moves can be a pain. XRP’s Rising Price Pushes AI Wallets Toward RLUSD, Creating a 105% Settlement Gap  So, the smart move for these automated systems: keep using RLUSD and dial back on XRP, at least for now. And activity from these machine-driven agents is exploding on the XRP Ledger. This week, AI-attributed transactions have jumped past 2.3 million. Now, the total cash involved isn’t huge—think hundreds of dollars, not millions. But that’s not really the point. What matters is how these habits are shaping up while AI agents get more active. If predictability in settlement costs stays important, it makes sense for them to keep leaning on stablecoins like RLUSD. Does this mean XRP is completely out of the picture? Not at all. XRP still plays a key role as the native asset of the network. But looking at the numbers, it’s clear: when it comes to handling lots of small-value transactions, AI payment systems are starting to put price stability ahead of using XRP itself. That distinction could matter more and more as machine-to-machine payments take off. For now, the 105% activity gap between XRP and RLUSD gives us a pretty good peek at where things are heading. If these trends hold—AI-driven transactions rising, RLUSD anchoring most of the dollar flows—the XRP Ledger could become a place where XRP keeps powering the rails, but RLUSD actually handles most of the heavy lifting for automated payments. It’s early days, but if you’re watching how AI and blockchain connect, this looks like a trend you’ll want to keep an eye on. Related Reading : https://www.topcoinindex.com/id/news/shiba-inu-burn-rate-explodes-1020-as-more-than-20-million-shib-are-destroyed

Shiba Inu Burn Rate Explodes 1,020% as More Than 20 Million SHIB Are Destroyed - Shiba Inu’s token burns just kicked up again after a pretty dull stretch. According to Shibburn, about 20.95 million SHIB went into “dead” wallets in the past 24 hours. That’s a massive bump — burning jumped over 1,020% overnight. Not long ago, things looked sluggish. On August 23, over 40 million SHIB disappeared, but then burns dropped: first to roughly 5 million, then way down to just 2.5 million on August 29. This latest spike stands out, though overall, the burn trend is still weaker than earlier in the month. Over the past week, around 85.48 million SHIB got burned. Even with the daily jump, weekly burns are down 46.20%. Zoom out a bit and you see that nearly 607.34 million SHIB have left circulation in the last 30 days. Since Shiba Inu started tracking burns, a colossal 410.8 trillion SHIB have vanished from its original 1 quadrillion supply, across more than 21,000 transactions. SHIB Price Stuck in the Middle Despite the burn wave, there’s no wild price action. SHIB is up roughly 0.81% in the past day, but that follows a broader crypto slump over the weekend. The market cooled after Jerome Powell (not Kevin Warsh — he’s a former Fed Governor) sounded concerned about inflation at the Fed’s annual meet in Jackson Hole. Powell didn’t lay out any clear road map, leaving traders nervous about interest rates. With odds rising for a September rate hike, riskier assets like crypto got jittery. Shiba Inu Burn Rate Explodes 1,020% as More Than 20 Million SHIB Are Destroyed  Looking at the charts, SHIB is trying to recover, but hasn’t managed a proper breakout. The token popped to about $0.00000623 on August 22, but buyers couldn’t keep it there. SHIB then slipped beneath its 200-day moving average — around $0.00000538 — which now acts as a roadblock for bulls. For SHIB to really bounce back, it needs to grab $0.00000538 again, then push past resistance at $0.00000553 and $0.00000575. The old high near $0.00000623 is another big test. On the other side, $0.000005 is a crucial support zone. If sellers break that level, traders will look toward the 50-day moving average near $0.00000470. Right now, neither buyers nor sellers seem in control. The daily RSI hovers around 54 — basically neutral — so momentum feels balanced. That suggests SHIB could keep trading sideways, hovering between the 50-day and 200-day moving averages. Unless something big happens, the pattern might not change. Sure, the burn surge gets people talking, but burning tokens by itself doesn’t move prices much. What matters most is whether demand keeps up and what the wider crypto market does. SHIB is down about 6.85% on the week, but it’s still up 9.77% for August. That makes two solid months since June. The real question: can buyers turn monthly gains into a breakout, or will SHIB just keep bouncing around while everyone waits for the next big move? Related Reading : https://www.topcoinindex.com/id/news/bitcoin-and-dogecoin-outlook-key-price-levels-traders-are-watching