Odaily Planet Daily reports that GOLD, a Solana-based meme coin, has posted an extraordinary intraday rally of more than 920-fold. According to GMGN market data, the token's market capitalization quickly broke through $41 million and now stands at approximately $47.8 million, reflecting a dramatic move within a single trading session. The project's official introduction describes GOLD as operating under the 'Trump Digital Gold' narrative, claiming to be a crypto project launched by the Trump Foundation. It merges gold's value-based storytelling with blockchain concepts, although no further details have been disclosed. Odaily emphasized that the actual connection between the project and Trump or his affiliated organizations still requires confirmation. The outlet also cautioned that meme coin prices tend to fluctuate sharply, and the authenticity of the narrative has yet to be verified. Investors are advised to pay close attention to trading risks and treat the token with caution until more information emerges.

TradingBeats, formerly Hyperinsight, said on Aug. 24 that Loracle sub-address 0xefe4...194b currently ranks first on Hyperliquid’s xyz:GOLD position leaderboard. The address is holding roughly 12,801.96 gold long contracts with a position value of about $59.8953 million and an unrealized profit of around $6.3510 million. The same address is also running a short position in xyz:SNDK. According to the monitoring data, it holds about 15,567.34 SNDK shorts worth roughly $22.5929 million, with current unrealized profit at about $370,300. Taken together, the two positions are valued at about $82.4881 million, while combined unrealized profit stands near $6.7213 million. The figures were cited by BlockBeats from TradingBeats monitoring data. The update places the address at the top of Hyperliquid’s gold long rankings at the time of publication.

Major U.S. stock indexes closed slightly higher, extending their gains for August. The Dow Jones Industrial Average rose 0.22% on the day and is up 0.54% for the month. The S&P 500 added 0.21%, bringing its August gain to 1.41%, while the Nasdaq Composite climbed 0.16% and is now up 1.61% for the month. Precious metals names posted much stronger moves. SPDR Gold Shares (GLD) gained 3.83% and iShares Silver Trust (SLV) rose 4.47%. Among mining stocks and related funds, Newmont (NEM) advanced 7.86%, Barrick Gold (GOLD) rose 8.94%, VanEck Gold Miners ETF (GDX) gained 9.40%, First Majestic Silver (AG) climbed 12.72%, and Coeur Mining (CDE) jumped 13.05%. Crypto-linked stocks were mixed. Bit Brother (BTBT), Cipher Mining (CIFR), and CleanSpark (CLSK) closed lower, while Hut 8 (HUT), Riot Platforms (RIOT), MARA Holdings (MARA), Coinbase (COIN), Circle (CRCL), Bitmine (BMNR), and Strategy (MSTR) finished in positive territory. Strategy led the group with a 12.68% gain, followed by Bitmine at 10.61%, Circle at 9.56%, and Coinbase at 9.55%.

Wall Street ended higher as the Nasdaq outperformed, while gold and silver stocks tumbled and crypto-related shares traded mixed. The Dow rose 0.13%, the S&P 500 gained 0.65%, and the Nasdaq advanced 0.81%. For the month of August, the Dow has gained 1.24%, the S&P 500 is up 2.61%, and the Nasdaq has climbed 3.43%. Precious metals miners came under heavy selling pressure. Newmont Mining (NEM) dropped more than 3%, the VanEck Gold Miners ETF (GDX) fell nearly 3%, and First Majestic Silver (AG) lost over 2%. Barrick Gold (GOLD) and Coeur Mining (CDE) each declined nearly 2%, and the iShares Silver Trust (SLV) was down 1.52%. Crypto-linked stocks were split. Hut 8 (HUT) slid over 8%, Cipher Mining (CIFR) declined close to 7%, Riot Platforms (RIOT) and CleanSpark (CLSK) fell more than 5%, and MARA Holdings (MARA) dropped over 4%. On the gainers side, Circle (CRCL) advanced more than 5%, Coinbase (COIN) rose over 3%, Strategy (MSTR) added more than 2%, and Bitmine (BMNR) and Bit Brother (BTBT) both gained over 2%.

According to ChainCatcher, crypto exchange WEEX (Weike) kicked off its Global Asset Trading Season on August 13, offering users a share of a $100,000 prize pool for trading gold and stock perpetual contracts. The campaign runs from 16:00 on August 13 to 23:59:59 on August 31 (UTC+8). Under the rules, a user's first spot trade in GOLDXAUT or SPCXX with a volume of at least 50 U brings a 10 USDT bonus, while a stock perpetual contract with at least 100 U in volume adds a 100 USDT position airdrop. Users can stack both rewards by meeting the two conditions. New users who suffer a loss on their first TradFi contract order can claim compensation. For all users, cumulative TradFi contract volume of 100,000 U enables participation in a 50,000 USDT cash pool split, plus VIP2 membership. Higher volume thresholds of 300,000 U and 500,000 U unlock VIP3 and VIP4 benefits respectively.

TRON’s latest weekly industry report, covering Aug. 3 to Aug. 9, 2026, said crypto markets moved in a choppy recovery as traders focused on U.S. macro data, Federal Reserve policy expectations and key technical levels in Bitcoin. The report said BTC rebounded from around $62,500 to the $64,900-$65,100 range during the week, while ETH outperformed and held near $1,900. TRON said risk appetite improved after weaker-than-expected U.S. labor data, though institutional flows and trading activity had yet to show a clear acceleration, leaving Bitcoin near an important resistance zone. Beyond short-term market moves, the report reviewed sector themes and regulation. It said AI+Crypto has shifted from AI tokens toward infrastructure for AI agents, including on-chain execution, authorization and payment rails, while DeFi continues to move toward institutionalized yield management. TRON also highlighted two projects: Sealcoin, a machine economy protocol built around identity, service discovery, negotiation and settlement for devices such as IoT hardware, satellites and AI agents; and STRATO, a Layer1 application chain and overcollateralized stablecoin system designed for enterprise and RWA use cases. The report also tracked policy developments in the U.S., India and the EU, including the delayed CLARITY Act vote in the U.S., expanded tax transparency rules in India and ongoing MiCA implementation in Europe.

A TechFlowPost-translated article examines how yield behind thUSD and thGOLD is tied to a long-standing gold leasing market rather than crypto-native speculation. The piece centers on Singapore retailer Mustafa Centre, which says a single store sells about 1,100 pounds of gold jewelry a month while keeping inventory near one ton, worth more than $100 million at current prices. Even so, the business is structured to avoid taking outright gold price risk, replenishing sold inventory and earning from retail margins instead of directional exposure. The report argues that this operating model creates steady borrowing demand in the physical gold trade, where retailers lease gold instead of tying up large amounts of capital. It also points to Libeara, incubated by SC Ventures of Standard Chartered, and FundBridge Capital’s MG 999 on-chain gold fund, which listed Mustafa Gold as its first borrower when the fund launched in December 2025. In this setup, thUSD and thGOLD are designed to pass leasing income from real-world counterparties to token holders.

Techub News reported that U.S. stocks closed higher on Aug. 7, with all three major indexes posting gains for the session and remaining up for the month. The Dow Jones Industrial Average added 0.28% and was up 1.61% in August, the S&P 500 rose 0.62% with a monthly gain of 2.07%, and the Nasdaq climbed 1.30%, bringing its August gain to 3.00%. Precious metals-linked names also moved sharply higher, with SPDR Gold Shares, iShares Silver Trust, Barrick Gold, First Majestic Silver, VanEck Gold Miners ETF, Newmont, and Coeur Mining all advancing. Crypto-related stocks were mixed but leaned lower overall. Cipher Mining, MARA Holdings, CleanSpark, Riot Platforms, and Hut 8 ended down, while Bit Brother, Bitmine, Strategy, Circle, and Coinbase closed in positive territory.