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Quick Take Summary is AI generated, newsroom reviewed. A top trader opened a $7.6M long on Solana at an average price of $226.90 on Hyperliquid. New $30.53K addition made at $224.47; liquidation set at $55.27. Estimated 4x–5x leverage, holding 33,496 SOL tokens. Solana trades near $219.99, slightly below entry price. Unrealized loss estimated at $232,000 as of 01:21 PM IST.References X Post Reference
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- 10:13Prediction market developer Opinion Labs announces brand and mainnet product upgradeChainCatcher news, prediction market developer Opinion Labs has officially launched its new brand "Opinion" and updated its brand visual identity system with an orange color scheme. On the basis of retaining general prediction markets such as news and sports, the first phase of the Opinion mainnet will focus on the theme of "macroeconomic prediction infrastructure." Users can trade indicators such as CPI, interest rates, and employment from various regions to hedge against economic risks. This marks the upgrade of Opinion from a general prediction market to a global economic and information financial infrastructure.
- 10:02Total revenue of Solana DApps exceeded $18 million in the past 7 daysChainCatcher news, SolanaFloor posted on X that in the past 7 days, DApps on Solana have generated a total revenue of over $18 million. Among them, Pump.fun's revenue exceeded $8.63 million, and Axiom's revenue exceeded $3.23 million.
- 09:55Wall Street warns that overvalued US stocks may trigger a new round of volatilityChainCatcher news, according to Golden Ten Data, Wall Street strategists warn that the US stock market may face more turbulence in the short term. Several institutions believe that under the backdrop of government shutdowns, trade uncertainties, and high valuations, the stock market may experience increased volatility in the near future. Paisley Nardini, Head of Multi-Asset Strategy at Simplify, stated that political and fiscal news, as well as Federal Reserve policy, could trigger greater volatility in the final months of this year. The S&P 500 Index has now gone 97 consecutive trading days without a 5% pullback, indicating the market may be entering a technical correction cycle. Michael Wilson of Morgan Stanley and Andrew Tyler of JPMorgan both cautioned that short-term risks are rising.