The Blockchain In Daily

August 24, 2025

A new block, a new brief: signal over noise, builders over bluster.

Prices (USD, inline): BTC $112,571 • ETH $4,700.95 • SOL $202.37 • BNB $868.82 • XRP $2.99 • ADA $0.893 • AVAX $25.33 • DOGE $0.227 • DOT $4.06

Quick Index ⚡️
🟣 ETH taps price discovery above $4.9K as BTC ranges
🧱 Stargate DAO greenlights LayerZero takeover after bidding war
⚡️ Miners say “power is the currency” as AI deals deepen
📊 Morgan Stanley survey: crypto interest still trails AI among Gen Z interns
🏛️ K Street vs. Crypto: Wall Street pushes back on GOP-friendly bills
🏯 Bitcoin-treasury firm Metaplanet joins FTSE Japan & All-World indices

Markets

ETH breaks out, BTC hesitates. Ether cleared $4,900 on Sunday, setting fresh highs and entering price discovery even as bitcoin chopped near $113K. Analysts split between a “supply-shock” upside case and a Monday hangover as weekend moves often retrace. (As reported by CoinDesk.) CoinDesk

XRP’s sprint fades near $3. Ripple’s token spiked ~9% into Saturday before a quick pullback, a reminder that rotation remains tactical and headline-sensitive. For traders, liquidity pockets above round numbers can cut both ways. (According to CoinDesk’s market brief.) CoinDesk

Regulation

Policy tug-of-war heats up in DC. Powerful Wall Street trade groups are pressing to slow or reshape pro-crypto legislation advancing under GOP leadership, signaling that even with a friendlier SEC, banks want tighter guardrails before deeper exposure. (As outlined by Politico.) POLITICO

Adoption

Bitcoin treasury play goes mainstream: Metaplanet enters FTSE indices. The Japan-listed BTC treasury company was upgraded into the FTSE Japan Index and, by extension, the FTSE All-World, potentially channeling passive flows toward a corporate that’s explicitly long bitcoin on its balance sheet. (Reported by Cointelegraph.) CointelegraphTradingView

Sentiment check: crypto still “early” for tomorrow’s analysts. A Morgan Stanley intern survey found interest in AI far outpacing crypto exposure among respondents—evidence that retail-adjacent demand may have room to grow even after this year’s rally. (According to CoinDesk.)

Tech & Innovation

DeFi M&A: LayerZero wins Stargate. After a late volley of rival interest, Stargate’s DAO approved LayerZero’s ~$110M token-swap acquisition with ~95% support. Expect consolidation to ripple through cross-chain messaging and bridging, with fee models and token mechanics (STG→ZRO) to follow. (As reported by The Block, with project confirmations on X.)

Mining pivots: “Power is the currency.” Public miners say cheap megawatts—not block rewards—are the real moat, striking AI/data-center deals and retooling fleets to smooth revenue across cycles. That changes capex math and could cap hash-price upside even if BTC breaks out. (According to CoinDesk’s weekend tech feature.)

Make it your edge: The Blockchain In Daily keeps you ahead on prices, policy, adoption and the tech that actually ships—fast, clear and every day. See you on the next block.