Category: Business

  • Inside the online grooming of children as young as 12 into terrorism as baby-faced ‘hitman’ is locked up

    Inside the online grooming of children as young as 12 into terrorism as baby-faced ‘hitman’ is locked up

    Warning: This article contains descriptions of violence and abuse some readers may find distressing.

    Children as young as 12 are being reeled into terrorism and a world of organised crime after being targeted online, LADbible can reveal.

    Vulnerable youths are being targeted on gaming sites, social media and encrypted messaging services by big players in organised criminality with the tempting promise of large sums of money that are never actually paid.

    Starting out with small tasks, predators effectively ‘test’ children online, typically young boys, before handpicking victims who they put up to cold-blooded murder or other state-threat or terror-related offences in the UK.

    The shocking revelations come after a babyfaced ‘hitman’, who was just 17 when he was first contacted and recruited to come to the UK to carry out a contracted hit on an unknown target, was finally locked up.

    Johannes Natland had been promised the hefty sum of 25,000 euros and flew over to UK soil from Norway, viewing the task as a ‘crazy mission’ and taking shameless pictures and videos of himself with cash and guns before counter-terror police stopped the suspected Iran-backed plot.

    Johannes Natland flew to the UK (Counter Terrorism Policing)

    Johannes Natland flew to the UK (Counter Terrorism Policing)

    Now, in an exclusive interview with LADbible, Counter Terrorism’s London Commander Helen Flanagan has spoken about the case in detail.

    But in a shocking development, the senior officer explained how the case is far from unique, with younger children, often starting out as vulnerable victims and as young as 12, seen as ‘disposable’ assets and reeled into criminality by major gangs.

    Young people, particularly teenagers, are increasingly targeted and groomed into terrorism and crime online through extremist ideologies. MI5 data shows that 13 percent of people investigated for terrorism in the UK are under 18.

    It is a terrifying ‘business model’ that uses the naivety of young people who are chasing ‘notoriety’ and are willing to push their boundaries to get it.

    Teenagers are being contacted on online platforms (Getty Stock)

    Teenagers are being contacted on online platforms (Getty Stock)

    “They don’t know who’s recruiting them”

    “What we’re seeing both within the crime world and within terrorism, counter-terrorism and counter-state threats, is the use of young people,” she explained during an interview at New Scotland Yard.

    “Some of them are vulnerable, isolated, and perhaps have some neurodiverse issues, and are looking for notoriety.

    “They perhaps don’t have much link to the real world around [them], such as friendships and groups, and some vulnerabilities in their background, but that’s not all.

    “Individuals that are involved in this are particularly young men from as young as 12 and 13 up to 25 years old, who are being targeted online, quite often through gaming platforms but through other social networks too.

    “They won’t know who’s recruiting them and they don’t know who they’re working for. There is probably no ideological motivation, but there is a financial motivation and probably that risk-taking and notoriety and wanting to do something different.

    “What we know is this is a great business model for recruiters and individuals in the criminal and terrorism networks who don’t want to get their hands dirty, who can disassociate from these individuals.

    “These young people are disposable to them. So quite often they’re offered payment, significant payment, but they don’t get that.

    CTP London Commander Helen Flanagan speaks to LADbible (LADbible)

    CTP London Commander Helen Flanagan speaks to LADbible (LADbible)

    “It’s a business model. The net will be cast really widely and they look at individuals perhaps isolated in home, online, and an awful lot and they will start to build up that relationship.

    “It won’t start with a tasking into criminality, it will be a building of trust, a building of a relationship, having conversations, getting to know that individual and they will never meet, they perhaps will never even speak verbally, it will just be contact.”

    Young people ‘enticed’ by promise of thousands

    Criminals behind the schemes, one of which is the well known Iran-backed Foxtrot criminal network, will then slowly build relationships with young people by giving them small tasks to ‘see how far they can push them’.

    But for those who don’t walk away, they are often blackmailed, promised large sums of money that never arrive, and trapped with ‘no way out’. Crimes are extreme and can include plotting murder.

    “Many will drop away from that because they don’t want to take the risk or have seen it as a bit of excitement and then understand the reality of it. But some won’t due to mixed vulnerabilities or issues that mean that they’re more susceptible to engaging in that,” Commander Flanagan told LADbible.

    “With long term grooming relationships, quite often it will be small gifts, not just financial rewards, but then it builds up to it. And quite often the rewards are significant.

    “You know, for an 18 year old to have 25,000 euros is a huge amount of money and really enticing.

    “But as we’ve seen in lots of the cases that we’ve dealt with recently those individuals don’t get any payment or they might get small payments and never get the full payment.

    Criminal gangs rarely meet young people they recruit (Getty Stock)

    Criminal gangs rarely meet young people they recruit (Getty Stock)

    “We’ve seen people that have been blackmailed into continuing that behaviour and they feel that they’ve got no alternative and they’ve put themselves in a really difficult position.

    “There is an element of being victims and being groomed into that position and then finding themselves with no way out.

    “And then they’re put under pressure to recruit others. And that’s how that model works.

    “People keep moving upwards and upwards because they find themselves in a really difficult position.”

    Victims targeted on popular platforms as plea issued

    Police confirmed to LADbible that various platforms are used to recruit young individuals. This includes gaming websites and encrypted chat platforms, as well as social media apps.

    Although a social media ban on under 16s is coming into force next year, Counter Terror police urged parents to be vigilant, with support networks available.

    Commander Flanagan continued: “We see encrypted platforms being used, so you look at gaming platforms like Discord, but a lot of contact is then made on Snapchat and then moved on to other platforms, like Signal and Telegram.

    “It’s that kind of development of a relationship. They build trust with those individuals and they think they know them having never met them.

    “Then suddenly they are influenced to go out and carry a crime. Some of it happens slowly over time, and some of it is really quick.

    “I think it’s that feeling of safety and security. Encrypted platforms are legitimate for people that want to be secure. But also it’s a place to hide criminality.

    “We see that across lots of different online spaces and online sort of criminal themes, whether that’s online child sexual abuse, the targeting around violence or drugs, and also within terrorism and state threats.

    “Those platforms are legitimate, but obviously a very good place to hide.

    Helen Flanagan, from Counter Terrorism Policing London (Counter Terrorism Policing)

    Helen Flanagan, from Counter Terrorism Policing London (Counter Terrorism Policing)

    “My plea around this is that we are seeing younger and younger children being brought into this world online. There is a responsibility to know what your child is looking at.

    “You wouldn’t allow your child to go out and meet strangers in the park, would you? And that’s exactly what they’re doing online. We’re opening up the door for strangers to come in and talk to your children, target them and influence them. So you need to be having open conversations with your children.”

    “Obviously we’ve got the Online Safety Act and the social media ban coming in for under 16s next year, but those measures only go so far and it’s really about having those conversations.

    “If people are concerned about behaviours they can either report them into the police or the anti-terrorist hotline and we certainly can pick that up and provide support.”

    Babyfaced ‘hitman’ flies to UK for assassination attempt

    The shocking revelations come after a young man was jailed on Friday (16 October) having flown over to the UK from Norway to carry out a hit.

    Aged just 17 when he was first contacted, Johannes Natland agreed to shoot an unknown target for 25,000 euros (£21,500) in March last year.

    Two days after he arrived in the UK on a flight from his home in Stavanger, armed police arrested him at a hotel in Huddersfield, West Yorkshire, and seized two guns and 12 live bullets.

    Natland sent selfies to friends during the 'mission' (Counter Terrorism Policing)

    Natland sent selfies to friends during the ‘mission’ (Counter Terrorism Policing)

    Natland admitted possessing the firearms and ammunition but claimed he would have shot himself in the foot to get out of the ‘pickle’ he was in.

    He was found guilty of conspiracy to murder and sentenced to 20 years detention for the Iranian-backed plot.

    The court heard how messages he sent showed ‘not only participation but at points excitement’ about what he was planning to do.

    As is often the case, he had been recruited by another teenager referred to as ‘Generalen’ who was working for the proscribed Swedish Foxtrot gang.

    The gang is backed by the Iranian regime and is known for deploying children as young as 13 in drug smuggling and violent crimes.

    Counter-terror police became involved in the probe due to the apparent foreign threat to the UK, as they do in other similar cases.

    Natland was controlled by an English-speaking boss called Agent 47, in an apparent reference to the Hitman gaming and film franchise.

    Under Agent 47’s close direction, Natland took a flight from Stavanger to Manchester Airport on a temporary passport on March 17 last year.

    He was stopped by Border Force officials in Manchester who bailed him to return to the airport to catch the next direct flight home.

    Instead, he took a taxi to Huddersfield where he picked up £2,000 in cash, two guns and bullets and was directed to a stolen Nissan with false plates to be used in the killing.

    Johannes took videos holding a gun (Counter Terrorism Policing)

    Johannes took videos holding a gun (Counter Terrorism Policing)

    From his room at the Briar Court Hotel, Natland bragged to his girlfriend he had the ‘bangs in the bag’ and took selfies with the guns and cash spread on his bed – but ultimately his girlfriend went on to give evidence against him.

    At 5.15am the next day armed police banged on the teenager’s hotel room door to arrest him. A smiling Natland emerged wearing only a pair of boxer shorts and pretended to shoot one of the officers with his empty hands.

    Johannes Kongsnes Natland imitated pointing a gun at officers (Counter Terrorism Police)

    Johannes Kongsnes Natland imitated pointing a gun at officers (Counter Terrorism Police)

    In a search of his room, police seized a semi-automatic pistol, a revolver, 12 rounds of live ammunition, gloves and £2,000 in cash.

    “Now I can finally kill someone and I get money to do it”

    At his trial, one of Natland’s footballer friends recalled him talking about the ‘Swedish Foxes’ and telling him: “I’m going to get a lot of money and somebody is going to die.”

    Natland had also confided in his girlfriend before leaving for the UK, saying in a message: “I’m going on crazy mission.”

    According to her, he said: “Now I can finally kill someone and it’s perfect as I get money to do it. I can kill someone and life will be wonderful.”

    Giving evidence, Natland said he wanted to look ‘cool’ to his peers but it was just ‘bravado’ and inside he was ‘terrified’.

    Discussing the case in the interview with LADbible, Commander Flanagan explained: “He was 17 at the time of being recruited by the criminal network, the Foxtrot network in Norway.

    “He was recruited online in his bedroom. By the time he’d just turned 18, he came over to the UK with a mission to assassinate an individual within the UK. And he was intent at carrying out that attack.

    “He didn’t know who he was working for, what the purpose was or who the individual he was going to murder.

    “But he travelled over. And within a week of that task, he arrived in the UK and then picked up some firearms. And luckily we were able, with the support of other law enforcement and intelligence services, we were able to identify Natland in his hotel room and prevent him from carrying out that horrific attack.”

    Johannes Natland has been locked up (Counter Terrorism Policing)

    Johannes Natland has been locked up (Counter Terrorism Policing)

    After being stopped by Border Force officers at Manchester Airport and bailed to return to Norway, Natland ignored those legal instructions and proceeded to travel to Huddersfield along with clear instructions and pictures of where weapons and money had been left for him.

    “He was determined,” Flanagan explained. “He arrived into the UK and he was intercepted, spoken to by border officers and bailed but obviously then he was intent on carrying out this attack and so went to the hotel room and carried out the instructions he was given.

    “In reality he absolutely understood, hence why he’s been found guilty of conspiracy to murder. He picked up those firearms and he was carrying that attack through and the attack planning through.

    “However, I think he did have a gaming mentality. That shows the vulnerability of young people, and how they’re groomed online, and how they’re pulled into this criminal activity.

    “Some of the language he used – he talked about a crazy mission and some of the chats were references to gaming with Agent 47 who was the recruiter of Natland.

    Natland at the airport before entering the UK (Counter Terrorism Policing)

    Natland at the airport before entering the UK (Counter Terrorism Policing)

    “There definitely was an element of gaming but it was a reality, and Natland clearly knew that he was involved in a serious criminal offence.”

    Despite having supportive parents, his life went downhill after he became addicted to drugs and he was placed in rehab and a care home, the court was told.

    Natland’s recruiter, just 17, was convicted in Norway of attempting to ‘contribute to murder’ in May last year. Police never found the intended victim.

    Three more people have been charged by Norwegian police, with a decision yet to be taken by prosecutors whether to “indict” them.

    In September 2025, a 27-year-old man was arrested on suspicion of conspiracy to commit murder and has been released under investigation.

    Two men, aged 30 and 27, were arrested in Bradford on May 20 on suspicion of handling stolen goods relating to a car. They were released on bail.

    The identity and whereabouts of Agent 47 still remains unknown.

    You can access UK counter-terrorism support, reporting tools, and advice by calling the anti-terrorism hotline on 0800 789 321, the ACT Early Support Line on 0800 011 3764 or by submitting information confidentially through the GOV.UK ACT Reporting Tool and Counter Terrorism Policing.

  • Nine Blockchain Groups Unite as Quantum Threat Hangs Over Bitcoin

    Nine Blockchain Groups Unite as Quantum Threat Hangs Over Bitcoin

    Today’s computers cannot realistically work backward from those public keys to discover the corresponding private keys. But sufficiently advanced quantum computers running a mathematical technique called Shor’s algorithm could potentially crack that protection.

    The Quantum Alliance estimates that approximately 6.04 million to 6.4 million $BTC are already exposed in this way, representing roughly 30% of Bitcoin’s total supply. An estimated 1.1 million $BTC associated with Satoshi Nakamoto’s early holdings fall within the broader discussion of potentially vulnerable coins. That doesn’t mean anyone can steal those funds today. The danger depends on quantum computers becoming powerful and reliable enough to break the cryptography.

    Google Research Adds Pressure to the Quantum Countdown

    The heat is on as researchers continue to revise estimates of the computing power needed to threaten Bitcoin. On Thursday, Google Quantum AI revealed a breakthrough using its Willow quantum processor, demonstrating a technique called “magic state cultivation” that reduced errors by a factor of 40. The researchers also achieved 99.99% accuracy in specialized quantum states essential for building powerful, reliable quantum computers. The findings mark another step toward machines capable of eventually threatening Bitcoin’s cryptographic security.

    The Quantum Doom Clock, created by Postquant Labs co-founders Dr. Richard T. Carback III and Colton Dillion, estimates when quantum computers might become powerful enough to break the security protecting Bitcoin, Ethereum, other cryptocurrencies, and cryptographic security found in traditional finance (TradFi).

    The Quantum Alliance’s contributors have also developed a Quantum Doom Clock pointing to March 2028 as an early possible window for a machine capable of breaking existing protections.

    The clock tracks how quickly quantum computers are improving by measuring their qubits, the basic units of quantum computing power. Researchers study past growth, identify the most powerful machines, and use that information to estimate when computers might reach the roughly 856,000 physical qubits their model considers necessary to break today’s cryptocurrency security.

    That date isn’t a prediction of an inevitable attack. Other researchers believe the danger is more likely to emerge during the 2030s. Still, preparing an entire cryptocurrency network for new security technology isn’t as simple as updating a password.

    Nine Organizations Seek Common Security Standards

    The Quantum Alliance includes contributors from Quantus, American Fortress, Intmax, Keystone, Midnight Foundation, Postquant Labs, Abelian, The Vault, and Hacken. Rather than create another blockchain, the group intends to establish publicly available standards for judging whether existing networks are prepared for quantum attacks. Its work covers four areas, including moving existing funds to safer cryptography, evaluating privacy technology, protecting wallets and ensuring security tools work across different blockchains.

    Christopher Smith, founder and CEO of Quantus, explained the ambition. “In the future, ‘post-quantum cryptography’ will just be called ‘cryptography’ and everything else will be in a museum,” Smith remarked. The group is modeled on the Internet Engineering Task Force, where technical proposals are developed openly rather than dictated by a single company.

    The Toughest Problem May Be Bitcoin Nobody Can Move

    Even if Bitcoin adopts stronger cryptography, some coins could remain exposed. Funds held in forgotten wallets, lost accounts, or addresses whose owners never upgrade present a difficult question. Nobody can simply order every Bitcoin holder to move their money. And the problem extends beyond Bitcoin. Stablecoin systems, blockchain bridges, and other cryptocurrency infrastructure also rely on cryptographic protections that future quantum computers might defeat.

    The Alliance aims to publish common tests and migration guidelines rather than dictate how individual networks should respond. For now, the industry’s quantum nightmare remains theoretical. The harder question is whether millions of bitcoin can be protected before that changes.

  • ‘Wow, it’s a real discovery’: Claude cracks a 25-year NSA number mystery

    ‘Wow, it’s a real discovery’: Claude cracks a 25-year NSA number mystery

    The secrecy became even harder to dismiss after the Snowden disclosures linked the NSA to efforts to weaken cryptographic standards. NIST later removed that tool, the Dual EC random-number generator, from its recommendations.

    Those starting numbers, called seeds, were public. But the NSA never explained how it chose them, fueling years of suspicion that it had tested many alternatives until it found a curve with a weakness only it knew how to exploit. The tinfoil theory was that the NSA had a backdoor to every system that used it.

    Cryptographers Neal Koblitz and Alfred Menezes examined the controversy in their 2015 paper, “A Riddle Wrapped in an Enigma.” Menezes had helped write the original standard and recalled receiving the seeds from NSA mathematician Jerry Solinas in 1997.

    Security researcher Steve Weis spent years looking for an explanation, including filing public-records requests in 2018. NIST said it had no documentation, while the NSA stopped responding. One promising lead suggested the numbers came from a humorous phrase Solinas had forgotten, sending investigators searching through possible word combinations.

    In 2023, cryptography engineer Filippo Valsorda and other contributors offered a $12,288 bounty for an answer, rising to over $36,000 if the winner donated it to charity. Solinas had died earlier that year, leaving researchers to work through old recollections and the numbers themselves to no outcome.

  • Arbitrum Reaches 7,400+ RWAs as Programmable Economy Gains

    Arbitrum Reaches 7,400+ RWAs as Programmable Economy Gains

    By the Numbers

    Currently, the 24-hour trading volume for Arbitrum stands at $0, reflecting a thin flow in a mixed market. Despite this, the platform’s recent achievements indicate a strong foundation for future growth. As liquidity improves with the introduction of $USDG and other initiatives, traders are likely to watch closely for any shifts in engagement and transaction volume on the platform.

    Arbitrum is a layer-2 scaling solution designed to enhance Ethereum’s functionality by providing faster and cheaper transactions. Its recent developments in RWAs and stablecoin initiatives are crucial for its growth, especially as DeFi continues to evolve and expand across various protocols and platforms.

    What to Watch

    Traders should keep an eye on Arbitrum’s growing transaction volumes and liquidity metrics, especially with the new incentives for $USDG. As the ecosystem continues to expand, potential shifts in user engagement could lead to increased trading activities. Risks include market volatility and competition from other DeFi platforms, which may affect Arbitrum’s growth trajectory.

    This article is for informational purposes only and does not constitute financial advice.

  • XRP Searches Drop 90% on Yearly Scale in Google Trends

    XRP Searches Drop 90% on Yearly Scale in Google Trends

    The published charts clearly illustrate this dynamic. If the historical curve is unrolled from 2012, the phenomenal surge of mid-2025 looks like an isolated peak, before and after which traffic literally sits at zero.

    The statistics for the past 12 months on an annual scale only confirm the trend: search query volume has fallen by exactly half, and the local spike in activity in August–September had faded completely by mid-October.

    People are searching for the coin less, but they are not rushing to sell

    Still, for the crypto market this is classic off-season apathy: search activity for bitcoin is also at multi-year lows right now. In $XRP‘s case, however, the lull in search engines has created a unique paradox: while small traders have stopped clicking links, the price chart stubbornly refuses to fall further.

    The coin’s price is squeezed into a narrow corridor of $1.30–$1.34, holding key support around $1.25.

    Amid the collapse in Google queries, the derivatives market has fully cleared itself of excess leverage and unnecessary froth. The current silence in search engines scares speculators, but prediction platforms and algorithmic models agree that the psychological bottom of retail interest has been found.

    The most likely scenario until the end of October is consolidation in the $1.40–$1.50 corridor. It is premature to expect new records without the mass trader’s return to Google, but it is precisely this calm on an annual scale that may become a solid base for the next long-term cycle.

  • Why Venice Token’s AI expansion could push VVV price toward $30

    Source: DefiLlama

    Can $VVV defend the $21 support?

    $VVV’s rebound follows repeated tests of the $21 price zone, which has shifted from resistance into a key support zone for the network bulls.

    Remaining above this level will enable the bullish formation to be maintained and also provide the bulls a chance to attack stronger resistance. On the other hand, breaking down below the $21 level will undermine the bullish technical setup.

    But with the token still trading above the 50-day, 100-day, and 200-day MAs, $VVV’s long-term structure still leans on the favor of bulls.

    Source: TradingView

    Is $30 $VVV’s next target?

    The next major barrier for the bulls sits around the $30 resistance level. The price level hosts an unmitigated liquidity cluster worth $31 million that could attract market attention, according to the liquidation heat maps data.

    If $VVV manages to hold the support and buying activity gains momentum, then it could help the coin move towards this area. Revenue growth and AI product development will likely provide support to sentiment, but traders require further confirmation from the price action itself.

    Currently, the focus should be on $21 as breaking below it might complicate the journey towards $30.

    Source: CoinGlass

    Final Summary

    • $VVV rebounded from the $21 support zone after repeated tests, with buyers eyeing resistance near $30.
    • Venice Token’s expanding product lineup and reported revenue growth could strengthen sentiment, while a sustained break below $21 would weaken the bullish setup.
  • 133.9M: USDC Transfer to Aave Sparks Market Interest

    133.9M: USDC Transfer to Aave Sparks Market Interest

    Token Metrics

    Currently, $USDC is trading at a stable price of $0, with no reported volume over the last 24 hours. This stability, combined with the significant whale transfer, suggests that while there is liquidity present, market participants are cautiously observing the developments within the altcoin space. The absence of volume could indicate a period of consolidation as traders await further signals.

    $USDC is a widely used stablecoin, particularly in the DeFi ecosystem, providing liquidity for various platforms, including Aave. Aave is a decentralized lending protocol that allows users to borrow and lend cryptocurrencies, making it a key player in the DeFi space. The jurisdiction of the regulators overseeing these entities is important, as they aim to ensure compliance and stability in the rapidly evolving crypto markets.

    What Traders Are Watching Next

    Traders should keep an eye on Aave’s response to this substantial transfer of $USDC, as it may indicate shifts in liquidity and trading patterns. Furthermore, broader market trends and potential regulatory movements could influence the flow of stablecoins like $USDC. Monitoring upcoming developments in DeFi and potential whale activities will be crucial for understanding market sentiment and possible future price actions.

  • Will APT’s price clear $0.87 after Aptos’s launch of Block-STM v2 upgrade?

    Will APT’s price clear $0.87 after Aptos’s launch of Block-STM v2 upgrade?

    This upgrade has since increased transaction throughput and scalability. In fact, this process was explained by Aptos Labs’ Head of Research Alexander Spiegelman and Near Protocol [NEAR] co-founder Illia Polosukhin.

    Source: Aptos/X

    As a result, the throughput and network activity responded instantly. For instance, the chain’s TPS hit a peak value of 1,308 while the real-time throughput was 174. This revealed that there was a difference between the theoretical and real values.

    Additionally, Daily Active Accounts rose from 46,670 to 49,385, a 5.82% uptick.

    As a result, the monthly total of active accounts hit a peak of 710,712, with still 16 days to go before the end of October. New Accounts Created also grew from 4,098 to 4,395.

    Source: Aptos Labs Explorer

    User transactions also followed suit with a rise of more than 1.335 million in a single day. That is, 9.575 million transactions compared to 10.91 million the following day.

    Why are bulls struggling to break resistance level?

    However, on the 4-hour chart, $APT’s price was rising but facing a huge blockade at $0.8777. Every time the price hit this level, it got rejected and even had a fake breakout five days ago.

    At press time, $APT was trading above $0.8777, with the same faintly flipping the SuperTrend indicator to bullish. Still, it wasn’t confirmation if the altcoin’s bulls can keep it out of this consolidation.

    This may be why the RSI Divergence has been bearish. However, it broke above the neutral level with a reading of 62.41.

    Source: $APT/USDT on TradingView

    Therefore, the sustained $APT uptrend could face rejection at $0.9653, a level that triggered a sharp drop to $0.7620. If buyers keep charging, the altcoin may reclaim $1 now that a network upgrade is in place and is boosting activity.


    Final Summary

    • $APT rallied by over 13% after Aptos Labs announced a network upgrade to Block-STM v2.
    • $APT broke above the $0.8777 resistance level, with bulls now targeting $1.
  • Solana Apps Generate $193M in 30 Days Amid Real-World Assets Surge

    Solana Apps Generate $193M in 30 Days Amid Real-World Assets Surge

    Source: Castle Labs

    Meme Coins Built the Revenue Engine

    Pump.fun remains the standout business. The launchpad generated about $39 million in trailing 30-day revenue, equal to roughly 20% of all Solana application revenue. Its Pumpswap exchange added another $15 million.

    Yet Solana’s consumer economy is becoming less concentrated.

    Weekly consumer-app revenue ranged from $13.5 million to $42.6 million over the past year, with a median of $18.2 million. Eight of the 10 largest apps from late 2025 remained in the top 10 by the third quarter of 2026.

    Meanwhile, the top three applications’ share of consumer revenue fell from 64% to 50.2%, suggesting newer products are taking meaningful market share.

    RWAs Are Becoming Solana’s Second Growth Story

    The bigger structural shift is happening in tokenized real-world assets.

    Solana’s RWA market value climbed more than 600% in one year, from roughly $700 million to $4.37 billion. Ethereum, by comparison, grew from $15.5 billion to $16.6 billion over the same period.

    Tokenized stocks on Solana jumped from $63 million to $455 million, driven by platforms including xStocks and Backpack.

    More than $65 million of tokenized equities are already being used to earn yield, while broader active RWA value in Solana DeFi exceeds $500 million, about 8% of the network’s net value locked.

    Source: Castle Labs

    Solana Is Testing Whether Growth Can Outlast Speculation

    That is the part worth watching.

    Solana still depends heavily on speculative consumer activity. But Castle Labs’ data suggests the ecosystem is adding lending, tokenized credit, equities, and yield-bearing assets around that core.

    The investment case is therefore changing.

    Solana’s next phase will not be judged only by how many meme coins launch. It will be judged by whether those consumer revenues can coexist with deeper lending markets and productive RWAs.

    If that happens, $193 million in monthly app revenue may look less like a cycle peak and more like a base.

  • Wall Street Veterans Unveil DeFi Platform for 77 TradFi Markets

    Wall Street Veterans Unveil DeFi Platform for 77 TradFi Markets

    “Crypto has already demonstrated the demand for perpetual markets, but you cannot simply take the same model and put a stock or commodity ticker on it,” Guo said. “Real-world markets have different trading hours, liquidity conditions, pricing sources, and regulatory considerations. We started DeepSigma with those differences in mind.”

    The paper-trading platform currently supports contracts covering benchmark stock indexes including the S&P 500, Dow Jones Industrial Average, Nasdaq Composite, Russell 2000, and Cboe Volatility Index (VIX). It also supports contracts with commodities such as crude oil, gold, silver, natural gas, and copper.

    Technical Infrastructure and Risk Management

    To address off-hours price movements and liquidity lapses in traditional markets, Deepsigma’s risk engine incorporates multi-source external price feeds, mark-price mechanisms to deter short-term manipulation, circuit breakers, partial liquidations, and an insurance fund. The platform operates on a central limit order book model paired with a clearing layer for margin, collateral, and settlement.

    The interface also features an offchain artificial intelligence (AI) analysis tool designed to generate strategy insights without execution authority over user funds. Unlike fully permissionless crypto venues, Deepsigma is designing its system around U.S. regulatory frameworks.

    The exchange is developing a decentralized identity framework utilizing zero-knowledge proofs. Meanwhile, the underlying Cypherium blockchain utilizes a hybrid proof-of-work and Hotstuff Byzantine Fault Tolerant consensus mechanism, supported by four U.S. patents.