PANews reported on October 25th that on-chain analyst Yu Jin has recently increased their SOL purchases, having purchased 249,500 SOL (US$46.78 million) through the FalconX and Wintermute platforms in the past four days alone. This brings the total amount of SOL purchased and staked to 827,000 (US$146 million) over the six months since the end of April, all at an average price of US$177.

Smaller Bitcoin miners surge in hashrate and debt as competition intensifies post-halving, reshaping the industry’s balance of power. The Bitcoin mining industry is becoming increasingly competitive, with so-called tier-2 operators closing the gap on established leaders in realized hashrate — a sign of a more level playing field following the 2024 halving.According to The Miner Mag, companies such as Cipher Mining, Bitdeer and HIVE Digital have rapidly expanded their realized hashrate after several years of infrastructure growth, narrowing the distance to top players like MARA Holdings, CleanSpark and Cango.“Their ascent highlights how the middle tier of public miners — once trailing far behind — has rapidly scaled production since the 2024 halving,” The Miner Mag wrote in its latest Miner Weekly newsletter. Read more

