BTC prices held above $117,000, ETH rebounded above $4,500, and XRP, BNB, and SOL saw strong gains as cryptocurrency market momentum strengthened. DeFi's total value locked (TVL) approached $159 billion, and DEX trading volume grew 21%. Market optimism was fueled by expectations of a Fed rate cut and institutional inflows. BNB hit a new high of $956, while XRP is expected to receive ETF approval in October.

Odaily Planet Daily News Bybit CEO Ben Zhou posted on the X platform, "Byreal, the first on-chain DEX incubated by Bybit, will be launched at the end of this month. It started from scratch and was born in the Solana ecosystem. The special thing is: 1/ CEX + DEX synergy. Byreal is not just "another DEX". It combines CEX-level liquidity with DeFi native transparency. This is true hybrid finance. More Cex + Dex projects are coming soon in the future. 2/ Unified liquidity and speed adopt RFQ + CLMM routing design. Byreal will provide users with low slippage, MEV-protected Swap transactions at extraordinary speeds."