The Settlement Layer Schism: BIS's Tokenized Deposit Counter-Protocol
Jackson Hole, August 2025. The Bank for International Settlements' General...
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Greed
Market Sentiment
Block reward reduced to 3.125 BTC
Team and early investor shares released
92 million ARB released
Raises validator limit and account abstraction
Circulating supply increases by about 2%
Improves data availability sampling efficiency
Independent validator client goes live on mainnet
Block reward halving event
Bitcoin Season
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