Standard Chartered Bank: Raises Year-End Ethereum Price Outlook to $7500

Crypto trader Ansem stated in a post that Solana ecosystem meme coin ZCAT has caught his attention, and can be seen as an alternative way to gain exposure to ZEC’s market. ZCAT forms a trading pair with ZEC, and funds its reward mechanism through a 3% token transfer tax. The corresponding ZEC rewards are distributed directly to eligible ZCAT holders, enabling on-chain speculators to gain exposure to the Zcash narrative. Ansem also pointed out that the transfer tax increases transaction friction, which is the main trade-off of this mechanism; he considers the design interesting, but it is a high-risk spot trade.

According to CoinGlass data, Ethereum (ETH) has rallied 60.62% cumulatively so far in Q3 2026, marking the second-best third-quarter performance in ETH’s history—only trailing the 66.55% gain recorded in Q3 2025. The 59.5% return from Q3 2020 ranks third. Historical data shows ETH’s average third-quarter return across years stands at 12.28%, with a median of 9.87%. ETH fell 29.26% in Q1 and 25.28% in Q2 this year, with a notable rebound in Q3 so far. However, the quarter is not yet complete, so the final quarterly return may still change.

Uniswap stated in a post that its protocol has processed over $70 billion in trading volume over the past month, surpassing the combined total of the three DEXs ranked after it in trading volume for the same period.

According to a Financial Times report, low-profile venture capital firm Vy Capital currently holds SpaceX shares worth roughly $40 billion, representing approximately a 3.4% stake. Per Bloomberg data, the firm is now SpaceX’s fifth-largest shareholder, with disclosed holdings exceeding those of Silicon Valley peers including Sequoia Capital and Andreessen Horowitz. Vy Capital first invested in SpaceX in 2016, when the company was valued at around $15 billion. Following SpaceX’s public listing this year at a valuation of roughly $1.75 trillion, the value of its stake has grown significantly. Vy Capital is also the largest external investor in Elon Musk’s tunnel construction firm The Boring Company and brain-computer interface firm Neuralink, and committed $7 billion toward Musk’s 2022 acquisition of Twitter. The firm’s leader, John Hering, has a close relationship with Musk. Shortly after a Falcon 9 rocket launch failure in 2016, he invested over $100 million in SpaceX. Since 2019, he has contributed to Starlink’s early operations, including hiring staff and building financial models, and once held SpaceX employee credentials. Hering currently serves as a director of The Boring Company, and Vy Capital also participated in the firm’s recent $30 billion funding round. Vy Capital’s assets under management (AUM) rose from $27 billion at the end of last year to $50 billion as of June this year. In its investor letter, the firm noted that since its founding in 2014, it has delivered a total internal rate of return (IRR) of 41% and distributed $46 billion to investors. Vy Capital projects that if its investment thesis holds true, SpaceX’s valuation will exceed $10 trillion over the next five to seven years. The firm currently has just dozens of employees, with a core investment team of four, and stopped accepting external investors last year.

According to Defimon Alerts monitoring, a suspicious Proposal #54 has emerged in Ampleforth’s Governor Bravo governance system, involving approximately $2.5 million in treasury funds. The alert categorizes the incident as an access control risk and a "malicious governance proposal"; the relevant funds have not yet been transferred out. Ampleforth’s timelock contract currently holds around 2.538 million USDC, meaning the proposal involves almost all of the treasury assets. The proposer disclosed that they drafted the proposal themselves and plan to vote via a delegated address holding 87,238 FORTH tokens, accounting for roughly 0.57% of the total supply—slightly above the proposal threshold of 75,000 FORTH. The proposal’s quorum requirement is 600,000 FORTH, valued at approximately $132,000 based on FORTH’s current price of $0.22.

According to GMGN data, the crypto-stock meme project MEME on Robinhood Chain has surpassed a $57 million market cap, with a more than 40% 24-hour price jump. In related news, AMC CEO Adam Aron once again publicly criticized Robinhood’s stock token business. Responding to Robinhood CEO Vlad Tenev and Dan Gallagher’s recent public defense of stock tokens over the past week, Aron called the move “repugnant” and said it deviates from the core concept of stock ownership. He also questioned that stock token buyers hold fewer rights than actual shareholders, which could confuse investors, and raised doubts about whether the tokens can still be considered truly 1:1 backed if the underlying real stocks are lent out to short sellers. Aron described stock tokens as “unregulated, derivative, synthetic or debt-backed securities,” stating that they merely mimic real stocks. MEME leverages Robinhood’s stock trading platform, pairing with tokenized U.S. stocks of AMC Entertainment (the U.S. theater chain with ticker AMC) as its liquidity pool, and uses the MEME/AMC trading pair to provide liquidity. BlockBeats Note: Stock Meme is an emerging concept that combines traditional meme coins with tokenized U.S. stocks: instead of pairing with USDT or ETH, meme coins are directly paired with on-chain U.S. stock tokens (such as NVDA, TSLA, AAPL, etc.) as trading pairs. This model retains the high volatility and community-driven speculative nature of meme coins, while also tying into the popularity and narrative of real stocks. A portion of transaction fees often flows back to the community treasury to accumulate the corresponding U.S. stock tokens, forming a dual-driven model of “sentiment speculation + real asset anchoring.” Prices are highly volatile; investors should exercise caution.