VisionSys AI shares collapsed 77% on Wednesday following news of a $12 million direct offering, sending the brain-machine interface company’s stock to $0.29 and marking an 88% decline over five trading days. This catastrophic selloff comes months after the firm announced ambitious plans for a $2 billion Solana treasury, raising serious questions about the company’s financial strategy and future direction amid leadership turmoil and market skepticism.
about VisionSys AI Shares Plunge 77% After $12M Direct OfferingMarinade Finance
0 in Finance and 0 in Crypto last weekSolana Kicks Off ‘Uptober’ With 11% Rally, Eyes New Highs
Solana has launched October with a powerful 7.3% rebound, reclaiming critical support levels as technical analysts signal the cryptocurrency is positioned for a potential new price discovery phase. Currently trading at $219 with an 11.1% monthly gain, SOL’s momentum is being amplified by substantial corporate treasury strategies and growing anticipation around imminent ETF approvals that could unlock institutional capital flows.
about Solana Kicks Off 'Uptober' With 11% Rally, Eyes New HighsVisionSys AI Plunges 57% on $2B Solana Treasury Plan
VisionSys AI shares plummeted up to 57% on Wednesday as the artificial intelligence company announced plans to build a $2 billion Solana treasury, triggering massive investor skepticism. The brain-machine interface firm’s ambitious crypto strategy, executed through a partnership with Marinade Finance, comes despite SEC filings showing only $15 million in cash equivalents, raising serious questions about how the company will fund its massive cryptocurrency acquisition.
about VisionSys AI Plunges 57% on $2B Solana Treasury PlanSOL’s Wyckoff Pattern Signals Final Dip Before Q4 Rally
Solana (SOL) is trading at a critical technical juncture, with analysts identifying what appears to be the final phase of a Wyckoff accumulation pattern. Currently priced at $202 with $11.19 billion in daily turnover, SOL has declined over 15% in the past week but shows signs of completing a structural setup that historically precedes significant breakouts. The convergence of technical indicators pointing to oversold conditions and growing institutional interest through ETF filings creates a pivotal moment for the cryptocurrency.
about SOL's Wyckoff Pattern Signals Final Dip Before Q4 RallySEC Delays Solana ETF Decision to October 16
The U.S. Securities and Exchange Commission (SEC) has invoked its final 60-day extension to delay a decision on Solana ETF proposals from Bitwise and 21Shares, setting a hard deadline of October 16. The delay reflects unresolved concerns around Solana’s regulatory classification, network stability, and market surveillance. Analysts suggest the SEC’s decision could influence future altcoin ETF applications, with traders speculating on Solana’s price ahead of the ruling. While BlackRock has no plans for a Solana ETF, other issuers like ProShares and Grayscale have adjusted filings to meet SEC criteria. Bloomberg analysts predict potential approval by mid-October.
about SEC Delays Solana ETF Decision to October 16Solayer Launches LAYER Token to Revolutionize Blockchain Performance and Scalability
Solayer has introduced the LAYER token, enabling a groundbreaking blockchain capable of processing 1,000,000 transactions per second (TPS) through innovations like InfiniSVM technology and decentralized transaction prioritization. With a total supply of 1 billion tokens, LAYER serves as a governance tool, gas token, and incentive for ecosystem growth, while ensuring security through a multi-signature committee and transparent code updates. Positioned to revolutionize Web3, Solayer aims to become a key player in decentralized finance, gaming, and AI computing by 2025.
about Solayer Launches LAYER Token to Revolutionize Blockchain Performance and Scalability