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Updated: October 26, 2026, 09:30 (UTC+8) | Author: MEXC Headlines Kalshi and Polymarket crypto event contracts hit $2.7 billion in weekly volume Kalshi plans to launch U.S. CPI futures in DecemberUpdated: October 26, 2026, 09:30 (UTC+8) | Author: MEXC Headlines Kalshi and Polymarket crypto event contracts hit $2.7 billion in weekly volume Kalshi plans to launch U.S. CPI futures in December
Learn/Market Insights/Others/MEXC On-Chain Daily Report: Kalshi and Polymarket Crypto Event Contracts Hit Record $2.7 Billion in Weekly Trading Volume

MEXC On-Chain Daily Report: Kalshi and Polymarket Crypto Event Contracts Hit Record $2.7 Billion in Weekly Trading Volume

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Oct 26, 2026MEXC
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Updated: October 26, 2026, 09:30 (UTC+8) | Author: MEXC

Headlines

  • Kalshi and Polymarket crypto event contracts hit $2.7 billion in weekly volume
  • Kalshi plans to launch U.S. CPI futures in December
  • ECB plans to test real digital euro transactions in 2027
  • DeFi price manipulation attacks reach 43 so far this year
  • CoinDCX old-wallet incident causes loss of 15.99 million USDT

Industry Updates

South Korea’s Crypto Income Tax May Be Delayed for a Fourth Time as 2027 Implementation Faces Postponement

According to Odaily Planet Daily, South Korea’s presidential office is leaning toward postponing the virtual asset income tax currently scheduled to take effect on January 1, 2027. If implemented, this would mark the fourth delay. Democratic Party lawmaker Park Min-gyu has proposed an amendment to postpone taxation until 2029, while the opposition People Power Party also supports a delay. Under the current plan, income from virtual asset transfers and lending would be taxed at 22% after a basic exemption of KRW 2.5 million, although the postponement remains under review and has not yet been finalized.

Circle Mints 250 Million USDC on Solana, Worth Approximately $250 Million

According to Odaily Planet Daily, Circle minted 250 million USDC on the Solana network at 01:44 (UTC+8), worth approximately $250 million, and the transaction was successfully confirmed. The new issuance further expands USDC liquidity on Solana and can support on-chain trading, payments, DeFi, and treasury operations. As Solana’s stablecoin ecosystem continues to grow, whether the additional supply moves into trading protocols, payment applications, or institutional settlement use cases will remain an important area to watch.

Latvia Plans to Launch RWA Tokenization Regulatory Framework in H1 2027, Prioritizing Commercial Real Estate and Government Bonds

According to Odaily Planet Daily, Latvia plans to introduce a regulatory framework for real-world asset tokenization in the first half of 2027, with commercial real estate potentially among the first use cases and government bonds also included as a priority area. The Ministry of Economics is currently working with the central bank, Ministry of Finance, and industry representatives on the framework, while legal adjustment assessments remain ongoing. If implemented, the framework could further clarify issuance, trading, and infrastructure access for tokenized real-world assets in Latvia.

UK Receives More Than 10,000 Complaints Over Bank Restrictions on Crypto Transfers in 90 Days, Lloyds Ranks First

According to Odaily Planet Daily, a Stand With Crypto report shows that UK consumers submitted 10,092 complaints regarding bank restrictions on cryptocurrency purchases between May and August this year, involving 9,800 users across all 650 parliamentary constituencies. Lloyds Banking Group received 2,297 complaints, accounting for approximately 23% of the total, while Barclays and NatWest Group received 1,569 and 1,278 complaints, respectively. The report also states that around 40% of transfers to FCA-registered crypto exchanges over the past 12 months were blocked or delayed.

Underdog Plans to Support Crypto and Stablecoin Deposits This Year as Up to $1.3 Billion Acquisition Remains Pending

According to Cointelegraph, prediction market operator Underdog has partnered with zerohash and plans to support cryptocurrency and stablecoin deposits later this year. Eligible users will be able to complete near-instant transfers around the clock directly through the app without managing wallet addresses or selecting blockchain networks. Underdog currently has more than 11 million registered accounts, while IG Group has agreed to acquire the company for up to $1.3 billion. In the 30 days through October 21, platform trading volume reached $1.4 billion, up 133% from the previous period.

Democratic-Proposed Crypto Fundraising Limits Added to CLARITY Act, Yet Democrats Still Vote Against the Rule

According to Odaily Planet Daily, Cynthia Lummis said Democrats had previously requested lowering the annual crypto regulatory fundraising cap from $75 million to $50 million and adding a $200 million lifetime cap. Those provisions were later accepted and incorporated into the CLARITY Act. She said Democratic lawmakers nevertheless voted against the rule after the changes were adopted. The development highlights continued disagreement over U.S. digital asset market structure legislation, with further negotiations expected to shape the bill’s provisions and progress.

XRP Faces Whale Selling Pressure? Analyst Says Break Below $1.26 Could Send Price Toward $0.98

According to Odaily Planet Daily, crypto analyst Ali said $1.26 may represent the lower boundary of XRP’s price channel formed since August. If that level breaks, XRP could potentially test $1.11 and then $0.98. Data shows that the number of wallets holding between 10 million and 100 million XRP recently declined from 351 to 339, while XRP held on exchanges increased from 11.003 billion to approximately 11.05 billion, an increase of about 50 million tokens. These changes are viewed as potential selling-pressure signals, although future price action will still depend on actual capital flows.

Hyperliquid Adjusts Testnet Operation Priority and Adds cDeposit2 Interface Operation Supporting Agent Signatures

According to Odaily Planet Daily, Hyperliquid has adjusted its new testnet operation priority mechanism based on user feedback. noop and scheduleCancel operations will no longer affect the priority of other operations, while certain other operations may reduce the priority of subsequent operations until submission is completed. Hyperliquid has also added the cDeposit2 interface operation with support for agent signatures. The changes are primarily aimed at optimizing testnet transaction and interface execution logic for developers and automated applications.

MEXC Market Heatmap

Data Note: Sourced from MEXC real-time market data before 09:30 (UTC+8). Figures may update later with market fluctuations.
Top 24H Gainers: MTO/USDT (+104.18%), CHOMP/USDT (+34.90%), HDLR/USDT (+11.95%)
Top 24H Trading Volume: BTC/USDT (149.723M), ETH/USDT (85.583M), SOL/USDT (27.842M)
Trending Meme Tokens: TAPEFOUR/USDT, SAPLING/USDT, BEM/USDT
New Listing Announcement: KAMIRAI/USDT, Listing Time: 2026-10-26 18:00:00 (UTC+8)

On-Chain Calendar

High-Risk Token Unlocks

  • Pearl/USDT [10-26 08:00] Unlocks $11.82m USDT, representing 1.74% of circulating supply, medium short-term sell pressure
  • Walrus Protocol/USDT [10-26 15:12] Unlocks $1.12m USDT, representing 1.25% of circulating supply, medium short-term sell pressure
  • AltLayer/USDT [10-26 17:58] Unlocks $1.52m USDT, representing 3.16% of circulating supply, high short-term sell pressure
  • Resolv/USDT [10-27 12:24] Unlocks $299,031 USDT, representing 3.54% of circulating supply, high short-term sell pressure
  • Kinetiq/USDT [10-28 03:19] Unlocks $4.93m USDT, representing 4.09% of circulating supply, high short-term sell pressure
  • Hypha/USDT [10-28 16:20] Unlocks $5,137 USDT, representing 7.84% of circulating supply, high short-term sell pressure
  • B2 Buzz/USDT [10-29 04:42] Unlocks $1.31m USDT, representing 7.64% of circulating supply, high short-term sell pressure

Key Macro Events

  • Oct 26, 05:10 — Australia | Reserve Bank of Australia | Jones Speech [Policy signals may affect AUD rate expectations and capital flows]
  • Oct 26, 14:00 — European Union | European Central Bank | Elderson Speech [Policy stance may influence euro rate pricing and market liquidity]
  • Oct 26, 19:30 — Brazil | BCB | Focus Market Readout [Inflation and rate expectations may affect BRL pricing and capital allocation]

Security Alert

Users should remain alert to crypto investment scams that build trust through social media, phone calls, text messages, or online relationships before directing victims to fraudulent investment platforms. The U.S. Department of Justice recently disclosed a transnational crypto investment fraud case involving 174 U.S. victims, in which the alleged operators used fake trading websites to display fabricated profits, encouraged victims to continue sending funds, and converted part of the proceeds into USDT before transferring them elsewhere. Users should avoid funding opportunities promoted by unknown contacts, refrain from clicking unfamiliar trading-platform links, and not keep adding funds solely because a website displays apparent “profits.” If a withdrawal requires additional taxes, service fees, or account-unlocking payments, users should stop sending funds and preserve transaction and communication records.

The MEXC On-Chain Daily Report is updated daily, providing crypto professionals with timely, professional, and in-depth market insights. Feel free to share and subscribe.
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Risk Disclaimer: This article is for reference only and does not constitute investment advice. The cryptocurrency market is highly volatile. Please make decisions cautiously based on your individual circumstances.
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