I genuinely suggest you all start documenting your journey through some form of video content. One thing I regret is barely filming anything during the 2021 Solana nft bull run. I was having the same type of crazy gains you see on fomo leaderboards today, except 5 years ago with solana nfts. Almost none of it exists on video. People can read the stories, but they’ll never truly see what that journey looked and felt like. Many of you are about to have insanely inspirational stories too. So start documenting now. Not after the 100x. Not once you’ve made it. Now. Content is still king. The internet is only getting noisier. Billions of people, infinite content, AI everywhere, brainrot everywhere, everyone fighting for a few seconds of attention. Being smart alone isn’t enough anymore. AI already outsourced a huge part of that. Your story, personality, experiences and perspective are what nobody else can replicate. Document them.

No summer slowdown. August wrapped at $143M in app revenue and 5.2B transactions, and September opened with rails built for AI agents. From SHEIN's listing-day debut to Birkins coming onchain, here's everything that shipped this week: 📰 Headline News - Solana Payment Channels went live for x402 and MPP, enabling 1M agent payments/sec with batched settlement - Solana’s logo ad auction raised $167K for Nepal flood relief via @mallowdotart - @opensea expanded its marketplace to include Solana NFTs 📰 Launches - SHEIN landed on Solana via @xStocksFi the day it listed in Hong Kong - @JupiterExchange deployed Universal Deposit, automating cross-chain routing and swapping directly into Solana USDC - @moonpay introduced PayBox for @grok users to trade, shop and spend through conversation on Solana - @MidasRWA launched solmF-ONE, bringing @FasanaraCapital's asset-backed credit strategy onchain - @gmtrade_xyz enabled 24/7 gold and WTI perps with @chainlink Data Streams - @Beezie partnered with The Luxury Closet to bring authenticated Birkins onchain - Neuberger Securitize High Income Tokenized Fund (HINC) by @Securitize went live as collateral on @Loopscale - $AMC and $GPRO tokenized shares went live on Solana via @sunrise, issued by @Backpack Securities - @arqentrade launched isolated-margin perps across 20 long-tail markets - @colosseum announced the Crypto World’s Fair hackathon running Sept 14-Oct 12 - @solanamobile scheduled the CLOCK IN hackathon with @RadiantsDAO for Sept 8-Oct 8 - @SuperteamAU joined the Buy Australian AI Partnership as a founding partner alongside major national banks - @WSOP returned with the 2026 WSOP Super Circuit Canada Main Event - @M3LEE_LIVE teased social shopping for Solana collectibles 📰 Milestones - Solana hit a record 5.2B non-vote transactions in August - Tokenized equity supply reached a new all-time high of $683M - Solana led August app revenue across chains with $143M, a 38% share - @onrefinance topped $250M, becoming @kamino’s largest RWA market - @jtx_trade passed $100M in cumulative trading volume - Solana's share of x402 transactions rose to 81% in August - Solana crypto card spending hit a record $100M+ in August - @Beezie recorded a new all-time high of $2.2M in daily volume - @fomo achieved a new daily revenue record of $1.2M If you enjoyed this week’s newsletter, please share it with an RT. Artwork by @grizzle_art

🟥 Things I'm looking at today 🟥 Powered by @yeet Subscribe: Strategy buys BTC, Hyperliquid talks US entry, Robinhood teases cat Crypto * BTC: 78,004 (0%) | BTC.D: 59.7% (-0.1%) * ETH: 2,455 (0%) | BNB: 687 (0%) | SOL: 102 (-1%) * Fear & Greed: 70 | 24h Liq: $143m * BTC ETFs: +$217M | ETH ETFs: +$88M * Top Gainers: MARSCOIN, CAG, USELESS, ARB, PONS * Crypto steady, as Strategy buys $370m BTC * HYPE rallies on US entry talks * SOL prints first green month since Sep 2025 * Strive buys $143m BTC * Metaplanet moves $377m BTC to Coinbase * BitMine buys $131m ETH, holds 5.9m of ETH * Solana non-vote txns hit record 191m * PONS, AI continue pump * Robinhood teases 8-bit cat * CME launches altcoin indices * OpenSea now supports Solana NFTs * DeFi Development prices $19.8m CHAD deal * ICE taps tZERO for NYSE tokenised platform * Telegram begins Gram Wallet rollout * Pi Network ships a DEX as market looks away * 1789 Capital to invest $300m+ in Polymarket * Solana AMM Aquifer hit by $2.5m exploit * Crypto hacks rose 67% in Aug to $136m * South Korea BTC premium back after 15 weeks * Payward to tokenize LSE stocks * Lazarus wallets move $30m via Hyperliquid * Japan moves to cut JPY stablecoin tax rules * Russia opens regulated crypto trading * Singapore proposes 100% reserve stablecoins * Ireland excludes crypto from tax saver accounts * Thai SEC eyes rules for retail crypto derivatives Macro * NASDAQ: $26,370 (-0.1%) | Gold: $4,420 (-0.6%) * S&P 500 posts ATH monthly close * Trump threatens new Iran strikes * Trump rules out nuclear weapon on Iran * Japan 10yr yield hits 2.98%, highest since '96 * Bessent tells BOJ’s Ueda to raise rates * Only way out of debt is to grow: Bessent * Gold worth $5,025 on M2 basis: Fidelity * ExxonMobil going back into Venezuela: Trump * SC allows Trump to build WH ballroom * 51% odds Dems sweep midterms * DHS plans voter fraud crackdown in 9 states * US drops Obama-era truck fuel rules * Russia hammers Kyiv for sixth straight day * Russia seeks AI, digital tie-up with China * Army chief Driscoll quits amid Hegseth row * US Army to install 20 nuclear micro-reactors AI & Tech * Outlook and ChatGPT Work hit by outages * OpenAI is destroying evidence: Apple * Anthropic, Lambda agree $35b compute deal * Sony sues Anthropic over AI music training * Instagram limits undisclosed AI profiles * Groq 3 LPX now in full production: Nvidia * Chinese AI firm API sales surge * Saudi Humain partners Together AI on DCs * Hugging Face’s duck robot selling fast * Tesla adds Cybercabs to Texas robotaxi fleet * FTC sues Amazon over advertiser overcharges @YEET: Crypto's Casino Just passed $3.2B in lifetime volume! gm

Zcash NFTs are starting to look like more than another speculative rotation. The $ZEC rally brought fresh capital and attention into the ecosystem, but the more interesting experiment is what that capital is now funding: NFTs where ownership itself can become private. That is a very different design space from ordinary PFPs. The zkSNARKs auction made the market visible, but the bigger question is whether Zcash can turn privacy from a feature around an NFT into part of the asset layer itself. Here is how that market is taking shape. — ● The ZEC rally created the first wave of demand @Zcash repriced from roughly $200 to around $1,500–$1,650, bringing fresh liquidity and attention into the ecosystem. That capital quickly started rotating into NFTs. The sequence has looked something like this: ZEC rally -> ecosystem attention -> NFT experimentation -> zkSNARKs auction -> CT FOMO -> new collections That is a familiar crypto pattern but Zcash adds something different. The ecosystem can combine speculation with privacy infrastructure, which gives these collections a design space that normal public-chain NFTs do not have. — ● zkSNARKs became the catalyst The @zksnarks_ collection turned Zcash NFTs from a small experiment into a real market event. A total of 16,971 bids competed for 8,000 NFTs. The auction cleared at 1.5 $ZEC, with roughly 25,305 ZEC in total bid volume and around 12,000 ZEC collected, equivalent to roughly $17M at the time. The mechanics were as important as the size. The auction used a blind, uniform-price structure. Bids and bidder identities remained shielded, while successful participants all paid the same clearing price. That meant privacy was not simply part of the branding. It was built into the market mechanism itself. — ● ZADDR pushes the thesis from private bidding to private ownership @zaddrnet takes the idea further. Its 2,800 shielded faces launched at a 0.02 ZEC mint and are testing whether NFT ownership itself can remain confidential. The artwork can remain public but the identity of the holder does not have to be. That creates a very different ownership model from Ethereum or Solana NFTs, where anyone can normally trace: wallet -> token ID -> purchase -> transfer history With shielded ownership, the collectible can be public while the owner remains private. That moves the idea beyond simple PFP speculation. It starts looking like an experiment in privacy-native digital property. — ● BITFOOTS adds a cross-chain dimension @BITFOOTS_ introduces another model. The collection consists of 303 unique 1/1s with a roughly 5 ZEC mint, alongside a free Bitcoin Ordinals version. The structure effectively becomes: Zcash-native collectible -> Bitcoin Ordinal counterpart That gives the asset exposure to two very different ecosystems. • Zcash provides the privacy-native environment. • Bitcoin provides the inscription layer and a much larger collectible market. So the thesis expands from private NFTs into cross-chain private collectibles. — ● The market is already moving beyond one successful auction The zkSNARKs sale accelerated a broader wave of experimentation across shielded PFPs, free mints, inscriptions and cross-chain collections. The current ecosystem includes: • @zksnarks_ - 10,000 supply, 8,000 auctioned • @zaddrnet - 2,800 shielded faces • @zecfrogs - 6,969 supply • @ShieldedWizards - 2,100 supply • @zecpunksnft - 1,555 supply • @zec_bit - 3,333 supply • @BITFOOTS_ - 303 unique 1/1s • @Zeccatnft - 3,333 supply • @zecmartonzec - 555 supply • ZECulture - 2,222 supply • ZecFruits - 1,000 supply • Zecutives - 1,111 supply • @zecscription - early inscription experiment There are also several upcoming collections including @CypherSquadZec, @zecvisions, @zkghosts_, @Zdacted, @ZecMap_, @Zcashclub and @zKult_. The breadth matters because it shows that the narrative is no longer dependent on a single collection. An actual NFT ecosystem is beginning to form around privacy. — ● But privacy creates a new verification problem This is where the model becomes more complicated. Public NFTs are easy to audit because ownership history is visible. Anyone can inspect: owner -> token ID -> transfer history -> sale price Shielded ownership breaks that transparency and that protects the holder. But it can also make things such as ownership, floor prices, sales history and liquidity harder to verify independently. The structure can become closer to: Private holder -> marketplace or indexer -> ownership mapping That introduces a trade-off. The same privacy that improves fungibility and user confidentiality can make the market more dependent on indexers, marketplaces and supporting infrastructure. So the challenge is not only making NFTs private but also making them private without making the market opaque or unverifiable. — ● The ecosystem is still transitional Zcash NFTs currently sit across three layers. • The first is the experimental application layer, where collections such as zkSNARKs, ZADDR, ZecBit, ZecPunks, ZecFrogs and Shielded Wizards are testing different forms of ownership and distribution. • The second is infrastructure. Platforms such as @zilkroad_, @ZecMarket, @Zecpad and ZecBit are building marketplaces, launchpads, wallets and indexing tools around these assets. • The third layer is still developing: native shielded assets. That is where ZSA and work around ZIP 226 and ZIP 227 become important. If Zcash can support native shielded assets at the protocol level, private NFTs would no longer need to rely entirely on application-level workarounds. The asset itself could become private by design. — ● That is the real unlock Right now, Zcash NFTs are mostly experiments sitting on top of an ecosystem whose native asset layer is still evolving. The long-term thesis becomes much stronger if native shielded assets mature. Then the model moves from: public asset + privacy features toward: privacy-native asset + selective disclosure That is a much bigger shift and it could affect more than PFPs. Private credentials, memberships, real-world assets, collectibles and tokenized ownership could all potentially use the same underlying design. — The interesting part of Zcash NFTs is therefore not simply that another NFT market is forming. It is that Zcash is testing a different answer to digital ownership. Most chains assume ownership should be public and verifiable by everyone. Zcash is exploring whether ownership can be private to the holder, selectively provable when necessary and still liquid enough to trade. That model still has major problems to solve. • Verification needs to improve. • Indexers cannot become trusted choke points. • Secondary liquidity has to deepen. • And demand needs to survive once the $ZEC-driven speculation cools. But if native shielded assets mature through ZSA and related infrastructure, the thesis becomes much bigger than another NFT cycle. Zcash could move from experimenting with private collectibles to building a privacy-native asset layer. And the real test will be whether privacy, verifiability and liquidity can all coexist in the same market.