Fidelity Digital Assets reported that the unrealized profit metric for Bitcoin holders rose to 0.36 last quarter.

Polygon has announced the addition of Solana support to its Open Money Stack (OMS). Businesses can now deposit fiat currency via bank transfers, debit cards, cash, or crypto assets into USDC, USDT, PYUSD, or SOL on Solana through a single integration, storing the funds in a custodial or embedded wallet. The funds can then be routed and exchanged between EVM chains such as Solana, Polygon, Ethereum, Base, and TRON via Polygon Trails, ultimately withdrawing the funds to bank accounts, debit cards, cash outlets, or crypto wallets.

The market has reduced its expectations for interest rate hikes by the European Central Bank, now projecting a cumulative increase of 68 basis points by the end of 2027.

The European Central Bank stated that core inflation remains generally stable and that it has the capacity to cope with a highly uncertain environment.

The European Central Bank kept its deposit facility rate, main refinancing rate, and marginal lending rate unchanged at 2.50%, 2.65%, and 2.90%, respectively, in line with market expectations.

Sky Frontier Foundation released its third-quarter report for the Sky Ecosystem, reporting net revenue of $37.19 million, a 11.8% increase quarter-over-quarter, marking the sixth consecutive quarter of positive growth. Profit margin improved from 31.0% to 37.5%. Total protocol revenue was $99.29 million, a 14.2% year-over-year increase, but a 7.4% decrease from the second quarter. Total expenses decreased by 16.0% to $62.1 million. Protocol collateral size was $11.41 billion, a 25.3% year-over-year increase, but a 7.3% decrease from the second quarter. sUSDS supply was $4.52 billion, a 118% year-over-year increase, but a decrease from $5.52 billion in the second quarter.