Solana Ecosystem Meme Coin NFT Market Cap Hits $40 Million, Surges 40% in 24 Hours

April 13th — GMGN market data shows RAVE’s 24-hour trading volume hit $45.95 million, with its current price at $8.46 (a 201.85% 24-hour gain) and 26,659 on-chain holding addresses. CoinGlass data reveals RAVE saw $38.44 million in liquidations over the past 24 hours — topping Bitcoin to rank first across the entire network. Of that total, $7.15 million was long liquidations and $31.29 million was short liquidations. Prior to this, EmberCN monitoring found RAVE whales controlled the spot price, then used derivatives contracts to "harvest" positions. Recently, they’ve leveraged on-chain activity to mislead users: Over the past 3 days, they transferred 30.58 million RAVE (worth $42 million) to Bitget to attract short sellers. Then, in the last 2 days, they withdrew 31.94 million RAVE from Bitget to on-chain wallets while aggressively pumping RAVE’s spot price on platforms like Bitget.

**Zcash Update: ZODL Unveils Zcash IV Phase, Focus on Post-Quantum Security & Scalability** On April 13, Josh Swihart—founder of the Zcash core dev team Zcash Open Development Lab (ZODL)—shared an update on Zcash’s progress, outlining a strategic focus centered on **post-quantum security, scalability, and user experience**. Drawing an analogy to NASA’s Artemis II lunar mission, he emphasized turning seemingly impossible goals into reality via technical breakthroughs. ZODL announced Zcash is transitioning into the **“Zcash IV” phase**: The team will build infrastructure analogous to a “lunar base” to scale protocol and app security for billions of users, advancing its vision of privacy-focused transactions free from mass financial surveillance. ### Product & Tech Updates - Version 3.3.x of Zcash’s mobile app is now live on iOS and Android, with new features: hardware wallet connection management, SDK updates, and user experience improvements. - Key initiatives in progress:

April 13 — HyperInsight monitoring data reveals that 0xa65, Hyperliquid’s largest crude oil short seller as of late March, closed its crude oil short position at a loss last week. It briefly went long in a bottom-fishing attempt before fully exiting the crude oil market by closing those positions again yesterday. Currently, the address has shifted its focus entirely to the U.S. stock storage sector. It retains only two long positions opened earlier this month: Micron Technology (MU) and SanDisk (SNDK). The total position size is $5.4 million, with current floating profits hitting $1.15 million.

**Bank of Korea Calls for Circuit Breaker-Style Mechanism to Prevent Repeat of Bithumb’s Massive Crypto Error** Per Newsis on April 13, the Bank of Korea (BOK) has proposed a circuit breaker-like system for the virtual asset industry to avoid a recurrence of the "Bithumb Mistake Incident"—a massive bitcoin transfer error involving hundreds of trillions of Korean won. In its annual payment settlement report released the same day, the central bank reviewed a February incident: During a bonus distribution event, Bithumb mistakenly used bitcoin instead of Korean won as the distribution unit due to an employee’s operational error. The exchange intended to distribute bitcoin worth roughly 620,000 won but instead sent 620,000 bitcoins—equivalent to approximately 600 trillion won.

April 13th — Per HyperInsight monitoring data, WTI crude oil futures climbed above $100 per barrel today, posting an intraday gain of nearly 7.7%. Meanwhile, the WTIOIL contract on Hyperliquid saw a smaller rise: it’s currently trading at $98.3, with a 24-hour gain of 4.3%. During the market surge, two crude oil whales on the platform opened WTIOIL positions simultaneously with 20x leverage — each position exceeds $1.5 million, and their entry prices are near $98 but in opposite directions. - **Long Position**: Liquidation price = $95.1; Average entry price = $97.7 - **Short Position**: Liquidation price = $100.4; Average entry price = $98.3 The gap between liquidation price and entry price is roughly $2.5 for both positions. Long Position Address: 0xb322c1b811eaf8b3840133a2fc936f4c7185d51f Short Position Address: 0x0e09b56ef137f417e424f1265425e93bfff77e17

April 13th — Official sources confirm Binance Alpha will be the first platform to list Genius Foundation’s token (GENIUS). Trading for the initial Alpha launch kicks off at 19:00 UTC+8 on April 13, 2026. A first-come, first-served airdrop of 240 GENIUS tokens is available to users holding at least 230 Binance Alpha Points. If the reward pool isn’t fully claimed, the points threshold will drop by 5 every 5 minutes. Claiming the airdrop costs 15 Binance Alpha Points. Users must confirm their claim on the Alpha event page within 24 hours — or they’ll forfeit eligibility.