Anza Chief Economist Max Resnick: SOL Trading Volume on the Solana Network is Already Triple That of Binance, Competition is Fierce

Dec. 11 – Per The Block, Grayscale’s Bittensor Trust has launched secondary market trading on OTC Markets Group Inc.’s OTCQX platform under the ticker GTAO. Founded in August 2024, the trust was previously private and now opens to a wider investor base via public quoting. Additionally, Bittensor is set for a token halving on Dec. 14, which will cut token issuance to network participants and boost the scarcity of its native token, TAO.

On December 11, Sanctum — Solana’s liquidity staking protocol — announced the launch of its Sanctum App, with waitlist registration now open. Mobile users will be able to earn up to 10% SOL rewards (paid daily) through the app, collect Cloud Pets, and access additional features.

On December 11, on-chain analyst Eye shared on X that the "1011 Insider Whale" recently had its ETH long position details exposed after a series of operations: borrowing over $220 million via Aave and depositing the funds into Binance. The funds are likely intended to back its long position, with sources linked to three addresses starting with 0xF6FD, 0x4116, and 0xF744. Notably, the whale unstaked ETH from its staking pool eight days before opening the ETH long position.

Canaan Technology, a Nasdaq-listed Bitcoin mining company, released its unaudited November operational report on December 11, disclosing it mined 89 BTC last month. Additionally, the firm strategically added 100 BTC to its holdings via open market purchases amid price fluctuations. By month-end, its cryptocurrency inventory on the balance sheet totaled 1,730 BTC and 3,951 ETH. Also, Canaan Technology noted that as of December 10, 2025, it had repurchased approximately 6.59 million American Depositary Shares (ADS) for a total consideration of roughly $4.9 million. (PRNewswire)

December 11th — Official sources confirm HashKey Chain’s new HSK staking program has officially launched. This round features higher returns, a more transparent mechanism, and a more sustainable ecosystem feedback system open to all token holders. Key incentives include a fixed interest rate, loyal user subsidies, and an innovative community incentive pool. Users can earn a 5% fixed annual return, with long-term holders eligible for an additional 1%-3% annual incentive — enhancing the overall on-chain participation experience. This staking program isn’t just a reward for long-term HSK holders and early participants; it’s a major step forward for HashKey Chain’s sustainable ecosystem growth. With more developers, high-quality projects, and institutional-grade assets expected to join the chain, this upgrade is viewed as a critical measure for the ecosystem’s long-term development.

WeEX announced on December 11 that Theoriq (THQ) will list at 15:00 UTC+8 today. THQ opened at $0.07, hitting a high of $0.18739 for a maximum gain of 167.7%.