🟪 Speed isn’t the flex anymore

Throughput, rallies, and retail heat

🏃‍♀️ Speed isn’t the flex anymore

While blockchain throughput has exponentially increased, raw speed alone is no longer enough to win over global financial markets.

As institutions move onchain, they are demanding the rigorous standards of traditional finance: guaranteed transaction predictability, fair and deterministic sequencing to prevent front-running, and resilient network access free from single-operator bottlenecks. Additionally, pre-execution privacy has emerged as a critical requirement to protect trading intent before execution, even if post-trade data remains fully auditable.

For blockchains to evolve into core market infrastructure, protocol developers must now prioritize these strict reliability, ordering, and confidentiality guarantees over mere transaction volume.

August extended July's reversal, with ETH gaining ~32.6% after the US Treasury announced increased buybacks and triggered the largest short-liquidation month on record.

ETFs took in $1.8 billion, the strongest month since August 2025 and more than the 11 preceding months combined, while total futures OI rose ~31% to over $115 billion.

Nine of 10 ecosystem index constituents finished higher, led by ENA (+85%), CRV (+49%) and ENS (+36%). REV rose 28% to $12.6 million from July's lowest print since April 2020, spot DEX volume gained ~12% to ~$34 billion (but sits ~64% YoY), and treasury-company purchases recovered 62% to ~$265 million.

The 0xResearch crew examined Robinhood Chain's run to $2 million in daily REV, a level that flipped Base on L2 gross profit and now clears more than half of onchain tokenized equity volume, a category Solana held with a 90% share in June.

The panel traced the activity to memecoins paired with tokenized equities, a structure where traders bid onchain HIMS to steep premiums and market makers minted new supply to close the arb. The conversation also covered Uniswap routing over half its total volume through Robinhood Chain, with daily UNI burns crossing 500k after the fee switch went live, plus Ethena's announced basket of buybacks gated on sUSDe yields above 6% and an early investor buyback.

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