Insight: Solana Gears Up for 2026 With RWA Momentum, Institutionalization Trend Heats Up

According to monitoring by OnchainLens, a wallet linked to Ma Ji received six proceeds from OpenSea sales over the past 15 hours, totaling approximately $83,880 from the sale of six Bored Ape Yacht Club (BAYC) NFTs. The latest payment, around $14,570, arrived just minutes ago. The NFTs sold include BAYC #701, #4898, #6072, #250, #1297, and #4942.

The U.S. Office of the Comptroller of the Currency (OCC) has upgraded its conditional approval for Coinbase National Trust to a full national trust bank charter. Coinbase previously obtained conditional OCC approval in April 2026, enabling it to provide federally regulated custody and payment services, though it cannot operate as a full-service bank that accepts deposits and grants loans.

Morgan Stanley's Michael Wilson said the S&P 500 correction may be nearing its end, with U.S. stocks likely positioning for a year-end rally. The U.S. benchmark index is approaching its downside target range of 7,100 to 7,300 points and is expected to rebound from this zone, Wilson noted. "Instead of waiting for a perfect bottom, we recommend increasing exposure to high-quality cyclical stocks in the coming weeks, as these stocks have seen their valuations adjust significantly while delivering strong earnings per share performance," Wilson wrote.

Arkham officially announced in a post that it has added position tags for multiple crypto funds under existing entities, covering roughly $3 billion in Bitcoin and other crypto assets. The newly tagged assets include approximately $1.52 billion in CoinShares’ BITC Bitcoin physical ETP, around $507.2 million in VanEck’s VBTC Bitcoin ETN, about $266.6 million in Invesco’s BTIC Bitcoin physical ETN, and roughly $125.9 million in Grayscale Solana Trust.

According to official announcements, OKX Wallet will be the first to support the Elysium mainnet, with integration set to launch immediately after the Elysium mainnet goes live. Users can manage and transfer Elysium on-chain assets via OKX Wallet in a one-stop manner, and access functions including block explorer, market analysis, trading, and cross-chain operations—completing the entire workflow from asset discovery, market analysis to trading without switching between multiple platforms. It is reported that Elysium is an EVM-compatible Layer 2 network developed by Kinetiq for the Hyperliquid ecosystem, and is scheduled to officially launch its mainnet at 21:00 HKT on November 9.

Stablecoin payments startup Raycash, spun off from privacy protocol Zama, has launched on the Ethereum mainnet and is currently in private beta. Raycash states that over 75,000 people joined its waitlist ahead of the launch; access will be rolled out in batches during private testing, with full public access to follow. Built on the Zama protocol, Raycash uses fully homomorphic encryption (FHE) to encrypt on-chain balances and transaction amounts. Users can wrap stablecoins 1:1 into tokens compliant with the ERC-7984 confidential token standard for payments and receipts, and earn yields via Morpho, with transaction amounts and balances kept private. The underlying stablecoins can be retrieved via permissionless unwrapping. The app initially supports USDC, allowing deposits via bank transfers, debit cards or stablecoins, and withdrawals to bank accounts. Ethereum gas fees are handled by the platform in the background, so users do not need to hold ETH. Raycash adds that its wallet is non-custodial; confidential tokens have no built-in freeze or seizure functionality at the token level, and users can grant view permissions to specific parties like accountants or auditors. Additionally, a Raycard for privacy-focused spending is in development.