[Cosmos Community Launches ATOM Revenue-Driven Tokenomics Research] The Cosmos community has announced the initiation of data-driven tokenomics research for ATOM, aiming to build a long-term model based on real fees and promote governance implementation. The research process includes issuing an RFP, selecting research teams, information gathering, public disclosure of results, and governance voting. Key areas of focus include current status assessment, demand and supply-driven analysis, multi-model simulations, and the development of low-risk transition plans. The initiative plans to reduce reliance on inflation and circulation mechanisms through revenue sources such as enterprise-level Cosmos Stack usage fees. Cosmos Labs stated that multiple research institutions will be invited to participate, and feedback will be openly solicited on the forum.

[Franklin Templeton Files Prospectus for Solana Spot ETF with a Fee Rate of 0.19%] Franklin Templeton has submitted a prospectus for a Solana Spot ETF to the U.S. Securities and Exchange Commission, with a fee rate of 0.19%, the lowest among Solana Spot ETFs, and will waive fees for the first $5 billion in assets under management. The ETF is expected to go live today.

Binance Wallet has announced the launch of the BNB DeFi Carnival investment event, providing BNB Chain token holders with more earning opportunities. During the event, users can subscribe to assets through Binance Wallet to participate in Solv, Bouncebit, or Venus-related activity pools and share rewards totaling $1 million. The event will be conducted in phases, with the first phase running from November 27, 2025, 08:00 to January 11, 2026, 07:59 (UTC+8). Users who meet the event requirements and subscribe to designated assets will be eligible for rewards.

With the market adjustment unfolding, the inflow of funds into the exchange has surged. Binance's stablecoin reserves have reached a historic high of $51.1 billion, with BTC and ETH inflows totaling $40 billion this week, mainly from Binance and Coinbase. （CryptoQuant）

The data of major single orders in the past 12 hours shows that the buy order turnover reached $154 million, the sell order turnover was $107 million, and the net inflow of major funds was $46.87 million, with a buy to sell ratio of 1.44:1, indicating a clear willingness of major funds to go long. However, the price continues to be below the EMA24 and EMA52 moving averages, indicating that short-term market selling pressure still exists, forming a divergence signal, and caution should be exercised against potential market volatility risks. The current 1-hour cycle K-line shows that MACD is at a dead cross below the zero axis, RSI has fallen below the 50 line, and the technical outlook is bearish. But the J value has become extremely oversold, coupled with the inflow of main funds, the opportunity for a rebound is looming. Activate membership to unlock major order tracking, accurately capture major fluctuations, and lock in market turning points in advance! The data is sourced from the PRO member's [BTC/USDT Binance 1-hour] candlestick, for reference only, and does not constitute any investment advice.