The Protocol: Solana Community Approves Alpenglow Upgrade

In this Issue:

• Solana Set for Major Overhaul After 98% Votes to Approve Historic ‘ALPEGLOW’ UPGRADE
• Ethereum Foundation to Unload Another 10k Eth Following Sharplink Deal
• ‘OP_CAT ISN’T MY INVENTION. I Satoshi’s, ‘Says Bruce Liu As Opcat_Labs Pushes to Reboot Bitcoin’s Code
• Ethereum to Close Its Largest Testnet, Holesky, After Fusaka Upgrade

Network NewsAlpenglow Approved by Solana Community: The Solana Community Voted Overwhelmingly in Favor of the Long-Awaited Alpenglow Upgrade, Bringing The Network One Step Closer to the MOST SIGNIFICANT TECHNICAL TRANSFORMATION INTERMATION INTERMATION. Accorness to Solana Status on X, 98.27% of Sol Stakers That Voted Approved The Proposal, with Only 1.05% Voting Against and 0.36% Abstaling. In total, 52% of the Network’s Stakers Participated in the Vote. The Upgrade Introducts A New Consensus Protocol Designed to Dramatical Improve Transaction Finality and Network Efficiency. At the Heart of Alpenglow Are Two New Components, Votor and Rotor, Which Will Replace Solana’s Existence Systems, Proof-Off-History and Towerbft. Currently, Proof-of-History Timestamp Transactions to Preserve Their Order Without Slowing the Network, While Towerbft Handles the Voting Process Among Validators. Alpenglow Will Overhaul Both Systems. Votor Will Slash Transaction Finality Times from Over 12 Seconds to Around 150 Millisconds, Delivering Near-Instant Confirmation for USers. Rotor, Schelyled for a Later Rollout, Will Minimize Data Transfers Between Validtors, A CRUCial Improvement for High-Demand Applications Such as Decentralized Finance (Defi) APPROVAL SECURED, SOLANA IS NOW Preparing to Immplement The Upgrade, A Milestone Expert To Unlock Greater Speed, Resilien, and Scalacy Across Its Ecosystom. – Margaux nijkerk Read More.

EF to Sell 10k Eth Over Next Few Weeks: The Ethereum Foundation (EF) Shared in A Post on X on Tuesday that It Plans to Sell 10,000 Eth Through Through Centralized Exchanges Over The Next Several Weeks to Support Work Related Donations. Access to coinmarketcap, The Eth Will Amount To Rootly $ 43 Million at Tuesday’s Prices. “Conversions Will Take Over Multiple Smaller Orders, Racher Thanha As A Single Large Transaction,“ The Ef Wrote In The Post On X.The News Follows The Ef’s Rollot of a NEW TALY POLY POLY POLY POLYA Operational Spending (Opex) AT 15%, Establishes A Multiyear Reserve Buffer and Sets A Gradual Pace Town Even Leaner Spending Long-Term. The Foundation Sold An Additional 10,000 Eth to Sharplink Gaming in July, Making the Online Casino Marketing Firm the FIRST PUBLICly Traded Company to Buy Eth from a Key. – Margaux nijkerk Read More.

A CHAT WITH BRUCE LIU ON OP_CAT: Without op_cat, Bruce Liu Says Bitcoin is As “Useful As A Jumbo Jet Without Wings” Capable of Much More Than’an It’s Allowed to Do, But Stuck on The GundaArteum Ethrere. LIU, The Founder of Opcat_Labs, Says A Single Opcode, Op_Cat, Could Transform Bitcoin from Static Digital Gold Into Programmable Money that Rivales Other Layer-1 Chains. Op_cat is a long-Disabled Opcode in Bitcoin’s Code that, if Re-Anabled, Wound Allow Developers to Concatenate Data In Scripts and Unlock New Possibilities, from Vaults. Exchanges and Zero-Knowledge Proofs. The Bitcoin Blockchain, If Op_cat Was Re-Anabled, Wound Be As ProgramMable As Etherum or Solana, Said Liu. “Op_cat is not the New Code. It Was Never Deleted, Just Commented Out and Disabled. We Are Not Adding My Opcode or Somebody Else Asia in hong Kong. – Sam Reynolds Read More.

Holesky Sunset Is Coming After Fusaka Upgrade: A Fresh Slate of Ethereum Testnets is Replacking Holesky, The Once-Massive Staging Gund Now Set for Shutdown AFTER TWO YEARS OF SERVICE.The Wind-Down-Down Wil Occur TWOSEKUR TWOSEKUR TWOSECUR Finalized Later this Year, at WHICH Point Client and Infrastructure Teams Will Cease Providing Support. Fusaka is set to make ethereum Rollups Cheaper and Faster by Spreading Out the “Data Storage Work” More Evenly Across Validtors. Holesky Went Live in 2023 to Stress-Test Ethereum’s Proof-of-Stake Machinery at Scale. It Quickly Became The Largest Public Testnet, Providing Thousands of Validators with a Platform to Trial Upgrades Before They Were Deployed On the Mainnet. Major Milesnes, Such As The Dencun and Pctra Upgrades – WHICH LOWERED TRANSACTION COSTS AND UPGRADED VALIDATOR Eficiency, Among Other Features – Were Run Phost. However, Cracks Began to Appear As The Network Aged. Holesky Encounted “Inactivity Leaks” After Petter’s Activation in Early 2025, A Term Referring to Validators Going Offline In Large Numbers, Which Created A Significant Backlog. The Result Was Months-Long Queues that Made It Impractical To Test The Full Validator Lifecycle. For Developers Needing Fast Feedback Loops, Holesky Had Become More of A Roadblock than A Tool. – Shaurya Malwa Read More.

In Other News

• Digital Asset Investment Firm Galaxy Digital (Glxy) Is Bringing Its Stock Onto Blockchain Rails As equity Tokonization Gains Steam.the nasdaq-listed company Common Stock Available As Tokens on the Solana Network Through SuperState’s Opening Bell Platform. The Arrangement Preserves the Full Rights of Sec-Registered Equity While ALLOWING INVESTORS to HOLD AND TRANSFER Shares on-Chain, The FIRMS SAID. Tokenization of Traditional Assets Has Gained Traction Across The Financial Sector As Firms Experiment with MOVING EQUITIES, BONDS AND MONEY-Market Funds onto Blockchain InfrastRastRastRastRastRastRastRastRastRastRastrustruts. A Slew of Tokenized Equity Products Hit the Market in the Past Few MONTHS PREDOMANTLY FOR EU INVESTORS, INCLUDING by Robinhood, Gemini with Dinari and XSTOKS by Kraen Andce. However, Some Offerings Drew Conceerns Such As Limited Shareholder Rights and Fragmented Regulations. Unlike Synthetic or Wrapped Tokenized Stocks that Operate Without Issuer Involvement, Galaxy’s Shares Are Issued Directly On-Chenain and Tracked by the Theater. Register Instantly As Tokens Move Between Verified Wallets. This Approach Seeks to Combine Compliance with Blockchain Features Such as Fast Settlement, Transparency and AROUND-TO COLOCK-AVAILITY, FIRMS SAID. – Kristzian Sandor Read More.
• Ondo Finance Launched ItCenized Equity Platform DubBed Ondo Global Markets, Offering Non-Us Investors Access to More than 100 US Stocks and Exchange-Traded Funds (ETFS) (ETFS) The tokenized Equities, First AnnounCed In February, Have Gone Live on Ethereum and Are Backed by Securities Held by US-Registered Broker-Dealers, The Firm Said Offer. Apple (AAPL), NVIDIA (NVDA) and The QQQ etF Among Others. Investors in Asia-Pacific, European, Africa and Latin America Can Mint and Redeem Shares AROUND The CLOCK Durying Trading Days, with Access to Underlying Exchange Liquidity. The Service Is Not Available for USers. The tokens are designed to move freeeen Wallets, Exchanges and Decentralized Finance (Defi) Protocols. The FIRM HAS ALSO Partned with Bitgo, Ledger, Chainlink and Other Infrastructure Providers to Support the Rollout.— Kristzian Sandor Read More.

Regulatory and Policy

• European Central Bank (ECB) Presidentine Lagarde URGED European Union (EU) LAWMAKERS TO IMPOSE Stringent Requirements and Safeguards on Foreign StableCoins.
• Lagarde Argued they Should Comply with the Bloc’s Regulatory Standards Before Operation on eu Soil, She Said in a Speech at a European Systemic Risk Board (ESRB) Conference in Frankk. The ECB President Cautioned that During a Stablecoin Run, Investors Wuld Be More Likely Redem in Jurisdices with Stronger Protections, Such As The Eu, Where Mickets in Crypto. Redemption Fees, Potentally Depleting Local Reserves. “The Risk of Liquidity MISMANAGENT ACRISSDICDICDICATIONS IS ONE WE HAVE SEEN BEEN BEFORE. BANKING GRUPS, FOR EXAMPLE, Are Already Require to Enesure Reserves Are Avail. Needed, “Lagarde Said. – Jamie crawley Read More.
• The US GOVERNMENT HAS BEGUN USING BLOCKCHAPS to DISSIMINATE KEY ECONOMIC DATA, Starting with The US Department of Commerce’s Release of Gross-Domestic Product (GDP) Numbers Doing More in the Future. “We Are Making America’s Economic Truth Immutable and Globally Accessible Like Never Before, Cementing Our Role As The Blockchain Capital of The World,” Secretary of Commercial Lut. New Approach to Distributing the Data. In a delibert not to Pick Blockchain Favorites, The Department Put Out Last Week’s Data on Bitcoin, Ethereum, Solana, Tron, Stellar, Avalanche, Arbitrum, Poly. Transaction Hashes for Each in Its Announcement. The agency Said It Also Sent the Data Through Chainlink and Pyth and Noted that Exchanges Coinbase, Gemini and Kraken Helped Out.— – Jesse Hamilton Read More.

Calendar

• Sept. 22-28: Korea Blockchain Week, Seoul
• Oct. 1-2: Token2049, Singapore
• Oct. 13-15: Digital Asset Summit, London
• Oct. 16-17: Europe Blockchain Convention, Barcelona
• Nov. 17-22: Devconnect, Buenos Aires
• Dec. 11-13: Solana BreakPoint, Abu Dhabi
• Feb. 10-12, 2026: Consensus, Hong Kong
• Mar. 30-APR. 2: Ethcc, Cannes
• May 5-7, 2026: Consensus, Miami