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Crypto

Institutional money shifts from bitcoin to XRP and Solana, Wintermute says altcoin rotation clear

Institutional money is shifting from bitcoin into XRP and Solana while bitcoin trades sideways, market maker Wintermute said. It said the crypto market held firm despite hawkish comments by the Federal Reserve chair and a drop in U.S. tech stocks, and that large funds are rotating into altcoins. ETF inflows into XRP and Solana hit 2026 highs, while bitcoin and ethereum spot ETFs also drew substantial inflows. Wintermute said U.S. jobs data could shape near-term direction.

Crypto

Grayscale says Zcash has potential to challenge Bitcoin

Asset manager Grayscale said privacy coin Zcash (ZEC) could have the potential to counter Bitcoin’s network effects. Grayscale Research said in a report released on Aug. 25 that Zcash has room to compete in the cryptocurrency currency segment. The report coincided with the launch of a spot Zcash ETF, as Grayscale converted its Zcash Investment Trust into the ZCSH spot ETF and listed it on NYSE Arca. Grayscale said ZCSH has a 2.5 percent fee.

Crypto

Stellar jumps 22 percent, closes in on XRP as mid-term trend turn faces test

Stellar\'s XLM token has risen more than 22 percent over the past week, testing a key technical threshold for a mid-term uptrend. XRP gained more than 40 percent over the same period and is trading around $1.51, while XLM is holding above $0.1990. Drivers differ, with XRP tied to issues around Ripple CEO Brad Garlinghouse and the Clarity bill, and Stellar linked to growth in real-world asset tokenisation and planned network upgrades.