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Ethereum developers are advancing smart accounts through the Hegota upgrade
Solana ETFs have accumulated $1.5 billion in inflows despite the token falling 57%, while Bitcoin ETFs recently recorded $227 million in daily outflows
Justin Sun settled his SEC lawsuit for $10 million while OKX expands into social trading with a new platform integrated directly into its trading app.
The cryptocurrency market saw major developments today. Institutional participation and changes in regulatory frameworks have reshaped the industry. From Ethereum’s upcoming smart account upgrade and a DeFi exploit affecting Solv Protocol to strong institutional flows into Solana ETFs, let’s take a look at the top crypto news today.
Ethereum may soon introduce smart accounts. This is a major upgrade that could change how users interact with crypto wallets.
Ethereum co-founder Vitalik Buterin said the feature could arrive within a year through the Hegota upgrade and Ethereum Improvement Proposal (EIP)-8141.
Smart accounts are usually to expand the capabilities of traditional wallets as they allow them to function like programmable applications.
The system would support features like recoverable keys, multi-signature authorization, batch transactions, and transaction fees paid in tokens other than Ether.
This model could allow advanced wallet functionality like automated contract interactions, scheduled transactions, and gas payments sponsored by third parties.
Bitcoin-based decentralized finance platform Solv Protocol recently suffered an exploit that led to $2.7 million in losses. In response, the platform offered the attacker a 10% bounty for returning the stolen funds.
The exploit affected one of the protocol’s token vaults and involved approximately 38.05 SolvBTC. This is a Bitcoin-pegged token used within the platform’s ecosystem.
SolvBTC allows users to deposit Bitcoin and receive a tokenized version that can be used across multiple blockchains for lending, borrowing and staking.
The attacker reportedly exploited the bug 22 times and created large amounts of tokens before exchanging them for SolvBTC.
Despite the sharp decline in Solana token price, Solana ETFs still show strong institutional interest.
Solana is currently down roughly 57% since the launch of Solana ETFs in July. Still the funds have accumulated approximately $1.5 billion in inflows.
As per Bloomberg ETF analyst Eric Balchunas, about 50% of the ETF inflows are coming from institutional investors. This signals long-term interest from large capital allocators.
When adjusting for Solana’s market capitalization relative to Bitcoin analysts estimate that the ETF inflows are equivalent to roughly $54 billion in Bitcoin ETF demand at a similar stage.
Solana right now trades around $88, roughly 70% below its January 2025 all-time high of $293.
Also Read: Is Rising ETF Demand a Bullish Signal for Solana?
Tron founder Justin Sun and the US Securities and Exchange Commission have reached a $10 million settlement related to allegations of securities violations.
The penalty will be paid by Rainberry Inc., the company behind BitTorrent protocol and part of the Tron ecosystem since 2018.
In return SEC agreed to drop claims against Sun, the Tron Foundation and the BitTorrent Foundation.
The lawsuit originally accused Sun of selling unregistered securities through TRX and BTT tokens, conducting wash trading, and paying celebrity promoters without proper disclosures.
According to SoSoValue, Bitcoin spot ETFs recorded a net outflow of $227.83 million in a recent trading session.
The only fund posting a net inflow was Valkyrie’s BRRR ETF, which attracted $5.42 million in new capital. BlackRock’s IBIT ETF recorded the largest outflow at $88.74 million.
Total net assets across all funds currently stand at $91.44 billion, representing about 6.42% of Bitcoin’s market capitalization.
Cumulative inflows since launch have reached approximately $55.72 billion.
Also Read: Are Policy Shifts and Global Tensions Affecting Bitcoin Trading in 2026?
Crypto exchange OKX is expanding its ecosystem by launching a built-in social network called Orbit within its trading application.
The feature allows users to share market commentary, host livestream discussions, and create trading communities while displaying verified trading metrics such as portfolio returns and profit-and-loss performance.
The launch follows a strategic investment by Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, which recently valued OKX at $25 billion.
As part of its broader expansion strategy, OKX also plans to introduce tokenized stocks and crypto futures, further integrating traditional financial markets with digital assets.
1. What are Ethereum smart accounts?
Smart accounts are programmable crypto wallets that allow advanced features like multi-signature security, automated transactions, and gas payments in tokens other than ETH.
2. What caused the Solv Protocol exploit?
The $2.7 million exploit reportedly resulted from a smart contract vulnerability that allowed attackers to mint tokens and convert them into Bitcoin-pegged SolvBTC.
3. Why are Solana ETFs still attracting inflows?
Despite Solana’s price decline, institutional investors continue allocating capital, with ETFs accumulating about $1.5 billion in inflows.
4. Why did Bitcoin ETFs see outflows?
Bitcoin spot ETFs recorded $227 million in net outflows due to short-term profit-taking and market volatility.
5. What is OKX Orbit?
OKX Orbit is a new social trading feature that allows users to share market insights, livestream discussions, and verify trading performance within the exchange’s app.
