Bitcoin Dips Below $110K and Other Crypto Market Updates on Sept. 26

Updated on Sep 26, 2025 at 9:11 pm UTC by · 1 min read

Let’s explore the key crypto updates shaping market sentiment on Sept. 26.

Heavy selling across major cryptocurrencies pushed the global crypto market capitalization lower. Over the last 24 hours, it lost nearly 2% and is currently at the level of $3.75 trillion. What else is shaping the crypto industry on Sept. 26?
Marco T. Lanz

Plasma (XPL), the Bitfinex-backed Layer 1 blockchain, surged 35% to $1.43 following its explosive launch that attracted $3.14 billion in Total Value Locked within just 24 hours on September 25.

The price rally was fueled by strategic exchange partnerships, particularly with Bybit, which announced zero-fee USDT transfers through Plasma and launched a 9 million XPL rewards program called “XPL Tokensplash.”

Read more details here.

Marco T. Lanz

Amsterdam-based Theta Capital Management is seeking to raise $200 million for its fifth blockchain venture fund, targeting investments across 15 specialized digital asset venture capital firms.

The “fund-of-funds” approach aims for a 25% net internal rate of return as institutional interest in cryptocurrency investments continues to surge in 2025.

Read more details here.

Marco T. Lanz

Leaked messages from Bitcoin Knots developer Luke Dashjr have intensified the ongoing divide within the Bitcoin community, suggesting potential hardfork plans to address concerns over the upcoming Bitcoin Core v30 upgrade.

The controversial upgrade will increase data storage capacity from 80 bytes to 100,000 bytes through OP_RETURN, which Dashjr’s faction fears could enable harmful content storage on the network.

Read more details here.

Hamza Tariq

Pi coin has dropped 25% over the past week, trading near $0.263 with $0.260 as critical support. Analysts warn a breakdown could push it toward $0.230.

Despite the decline, weighted sentiment has spiked to a two-month high, suggesting some investors are positioning for a potential recovery. The Pi Core Team is urged to address the ongoing GCV debate to stabilize market confidence.

Binance revealed that it will host a ‘HODLer Airdrop’ for Falcon Finance, a project building collateralization infrastructure.

Eligible users holding BNB in Simple Earn (Flexible or Locked) or On-Chain Yields products will receive FF tokens. Allocations will be determined by random snapshots of balances taken between Sept. 14–16, 2025.

Following the airdrop, Binance plans to list Falcon Finance for trading on Sept. 29 at 13:00 UTC.

More info is available here.

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