The crypto market faced mixed movements, with Solana leading DEX trading at $6.16 billion while AI tokens saw gains and institutional funding rose sharply in Q3 2025.
Solana led decentralized exchange (DEX) activity with $6.16 billion in 24-hour trading volume, the highest among all chains, attributed to a high-leverage liquidation event. Messari reported that newly established crypto funds raised $2.31 billion in Q3 2025, marking a 48% quarter-over-quarter increase. Binance Alpha launched the Astra Nova (RVV) TGE event requiring 256 entry points, while Lighter’s CEO announced spot trading and airdrop details allocating 25–30% to the community. OpenSea will distribute $12.2 million in Wave 1 rewards, with Wave 2 launching on October 15. Meanwhile, Core Scientific’s board urged shareholders to approve CoreWeave’s acquisition proposal. The broader crypto market saw declines except for the AI sector, which rose for the second consecutive day.