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What Happened in Crypto Today? – September 30: Solana, Bitcoin, and SWIFT Pushing Back XRP?

What Happened in Crypto Today? – September 30: Solana, Bitcoin, and SWIFT Pushing Back XRP?
  • Solana partnered with Crypto.com to manage a $400M SOL treasury, boosting its institutional credibility.
  • Strategy added 196 BTC worth $22.1M, raising its Bitcoin holdings to 640,031 BTC under its “42/42” plan.
  • Swift teamed up with Consensys and 30 banks to build an Ethereum Layer 2 blockchain ledger for global settlements.

Crypto markets were buzzing over the past 24 hours with major moves in Bitcoin, Solana, and institutional finance. Treasury strategies, corporate balance sheets, and global payment networks all drove the conversation. So, let us take a closer look at what shaped today’s action.

Solana Lands Institutional Push

Solana gained momentum after STSS revealed a partnership with Crypto.com to scale its $400M SOL treasury. STSS, holding more than 2M SOL, will now use Crypto.com for custody, OTC trading, and liquidity services. This move signals a shift in how large treasuries manage digital assets, setting a new benchmark for institutional-grade solutions.

The collaboration is important because it strengthens Solana’s liquidity while bolstering its reputation as a blockchain ready for large-scale adoption. As more institutions seek infrastructure that balances efficiency with security, Solana stands to benefit from the stamp of credibility that comes with high-profile partnerships.

Strategy Continues to DCA

Strategy, formerly MicroStrategy, continued to lean heavily into Bitcoin, adding 196 BTC worth $22.1M. This latest purchase pushed its total stash to 640,031 BTC, valued at nearly $72B. The firm continues to deploy equity offerings and preferred stock programs as part of its expansive “42/42” capital plan, doubling down on a long-term bet against fiat dilution.

Despite a 32% slide in its share price since summer, Strategy trades at a premium to its Bitcoin holdings. This reflects strong market confidence in Michael Saylor’s conviction that corporate balance sheets can evolve into digital asset vaults. For investors tracking institutional adoption of Bitcoin, Strategy remains the prime example.

Swift Moves Toward Blockchain Payments

Global payment powerhouse Swift announced a tie-up with Consensys to create a blockchain ledger for cross-border settlements. The initiative involves over 30 major banks including HSBC and Bank of America, aiming for round-the-clock global payment rails. Ethereum Layer 2 technology is expected to underpin the rollout, providing scalability and efficiency.

This development matters because it signals the financial industry’s most serious embrace yet of decentralized infrastructure. By integrating Ethereum-based solutions into traditional finance, Swift is not just modernizing payments but laying the groundwork for a seamless bridge between banking giants and digital assets.

Final Thoughts

Overall, from Solana’s push into institutional finance to Strategy’s relentless Bitcoin accumulation and Swift’s entry into blockchain payments, the past 24 hours show that crypto’s role in global markets is growing deeper. Momentum is building across infrastructure, adoption, and capital flows, with October shaping up to be a pivotal month for crypto.

The post What Happened in Crypto Today? – September 30: Solana, Bitcoin, and SWIFT Pushing Back XRP? first appeared on BlockNews.

Read the article at BlockNews

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What Happened in Crypto Today? – September 30: Solana, Bitcoin, and SWIFT Pushing Back XRP?

What Happened in Crypto Today? – September 30: Solana, Bitcoin, and SWIFT Pushing Back XRP?
  • Solana partnered with Crypto.com to manage a $400M SOL treasury, boosting its institutional credibility.
  • Strategy added 196 BTC worth $22.1M, raising its Bitcoin holdings to 640,031 BTC under its “42/42” plan.
  • Swift teamed up with Consensys and 30 banks to build an Ethereum Layer 2 blockchain ledger for global settlements.

Crypto markets were buzzing over the past 24 hours with major moves in Bitcoin, Solana, and institutional finance. Treasury strategies, corporate balance sheets, and global payment networks all drove the conversation. So, let us take a closer look at what shaped today’s action.

Solana Lands Institutional Push

Solana gained momentum after STSS revealed a partnership with Crypto.com to scale its $400M SOL treasury. STSS, holding more than 2M SOL, will now use Crypto.com for custody, OTC trading, and liquidity services. This move signals a shift in how large treasuries manage digital assets, setting a new benchmark for institutional-grade solutions.

The collaboration is important because it strengthens Solana’s liquidity while bolstering its reputation as a blockchain ready for large-scale adoption. As more institutions seek infrastructure that balances efficiency with security, Solana stands to benefit from the stamp of credibility that comes with high-profile partnerships.

Strategy Continues to DCA

Strategy, formerly MicroStrategy, continued to lean heavily into Bitcoin, adding 196 BTC worth $22.1M. This latest purchase pushed its total stash to 640,031 BTC, valued at nearly $72B. The firm continues to deploy equity offerings and preferred stock programs as part of its expansive “42/42” capital plan, doubling down on a long-term bet against fiat dilution.

Despite a 32% slide in its share price since summer, Strategy trades at a premium to its Bitcoin holdings. This reflects strong market confidence in Michael Saylor’s conviction that corporate balance sheets can evolve into digital asset vaults. For investors tracking institutional adoption of Bitcoin, Strategy remains the prime example.

Swift Moves Toward Blockchain Payments

Global payment powerhouse Swift announced a tie-up with Consensys to create a blockchain ledger for cross-border settlements. The initiative involves over 30 major banks including HSBC and Bank of America, aiming for round-the-clock global payment rails. Ethereum Layer 2 technology is expected to underpin the rollout, providing scalability and efficiency.

This development matters because it signals the financial industry’s most serious embrace yet of decentralized infrastructure. By integrating Ethereum-based solutions into traditional finance, Swift is not just modernizing payments but laying the groundwork for a seamless bridge between banking giants and digital assets.

Final Thoughts

Overall, from Solana’s push into institutional finance to Strategy’s relentless Bitcoin accumulation and Swift’s entry into blockchain payments, the past 24 hours show that crypto’s role in global markets is growing deeper. Momentum is building across infrastructure, adoption, and capital flows, with October shaping up to be a pivotal month for crypto.

The post What Happened in Crypto Today? – September 30: Solana, Bitcoin, and SWIFT Pushing Back XRP? first appeared on BlockNews.

Read the article at BlockNews

Read More

Why is Crypto Pumping Today? Can Bitcoin and Solana Maintain Momentum in October?

Why is Crypto Pumping Today? Can Bitcoin and Solana Maintain Momentum in October?

The crypto market just shook off one of its roughest months, and October is already s...
Insider Trading Tip of the Day: How to Buy Crypto with High Conviction

Insider Trading Tip of the Day: How to Buy Crypto with High Conviction

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