Weekly Recap | Market Rebounds as Solana ETF Approved and Global Policy Momentum Builds
2025.10.27
Week in Review (October 20 – October 26)
Last week, the crypto market entered a consolidation and recovery phase following massive liquidations, closing the week with a strong rebound. The global crypto market capitalization reached $3.97 trillion, marking a 2.06% increase for the week.
The rally was largely driven by renewed optimism over U.S.–China tariff negotiations, which boosted overall market sentiment. However, despite the rebound, fresh capital inflows remain limited, suggesting the trend has yet to decisively reverse.
This week, markets will focus on the upcoming U.S. Federal Reserve rate decision, which could be a key driver of short-term volatility.
This recap highlights last week’s major crypto developments and previews key events to watch in the coming week.
Market Pulse
Benson confirms the U.S. will not proceed with 100% tariffs on China
Michael Saylor hints at new Bitcoin purchases, with disclosure expected next week
U.S. September Core CPI MoM at 0.2%, YoY at 3%
Monetary Authority of Singapore investigates DW Capital Holdings under “Prince Group” founder Chen Zhi
Bloomberg reports JPMorgan to allow Bitcoin and Ethereum as collateral in crypto-related deals
Goldman Sachs maintains gold price target at $4,900 by end-2025
Funding & M&A
Last week recorded 18 funding deals totaling over $160 million, mainly in DeFi, AI, and infrastructure:
Bluwhale, an AI Web3 startup, raised $10 million in Series A led by UOB Venture Management
StraitsX, a stablecoin payment platform, secured $10 million in funding with participation from NTT DOCOMO
BitcoinOS raised $10 million to expand institutional BTCFi infrastructure
Cybrid, a stablecoin payment provider, closed a $10 million Series A round
Prediction platform Limitless raised $10 million in a seed round led by 1confirmation
Programmable banking platform Pave Bank raised $39 million in Series A funding from Tether and others
Policy & Compliance
Ghana’s central bank to release crypto regulatory framework by year-end
Japan’s FSA considers allowing bank-affiliated securities firms to offer crypto trading services
Thailand regulators raided iris-scanning sites linked to the World ID project
Russia’s finance ministry and central bank agree to legalize crypto for cross-border trade
Hong Kong approves its first Solana ETF — ChinaAMC Solana ETF
Standard Chartered Hong Kong to launch virtual asset ETF trading services in November
Echobit Highlights
Echobit launches the RWA Ecosystem Program
Echobit partners with Aidica for a joint giveaway campaign
Echobit lists $YB/USDT spot pair with a 10,000 USDT reward pool
Trade ENSOUSDT futures to share 20,000 USDT in double rewards
Echobit RWA Month Round 1 kicks off with $38,888 in trading rewards
Week Ahead (October 27 – November 2)
ChinaAMC Solana ETF set to debut on the Hong Kong Stock Exchange on October 27
MegaETH to launch public sale of MEGA tokens on October 27 with an initial FDV of $1 million
X Layer mainnet upgrade scheduled for October 27
Ethereum developers to conduct the final Fusaka testnet upgrade rehearsal on October 28
U.S. Federal Reserve to announce its rate decision on October 30, followed by Powell’s press conference
SEC extends review of Nasdaq’s Ethereum trust staking proposal to October 30
Strategy to release Q3 earnings report on October 30
Brazil’s new foreign exchange rule proposals may affect crypto exchanges; public comment open until November 2
Nasdaq applies to add XRP, SOL, ADA, and XLM to its crypto index; SEC decision expected by November 2
Major token unlocks this week include SUI, GRASS, and EIGEN — with a total value exceeding $100 million
Echobit will continue tracking global crypto trends — from market movements to regulatory updates and investment insights — helping you navigate every cycle with clarity and foresight.