Daily Market Roundup: Key Highlights from August 31

Here’s a recap of the top events shaping the crypto market today: Ethereum saw record-breaking DEX volume, exceeding $135 billion in August 2025. The Federal Reserve has implemented blackout periods for FOMC meeting discussions to protect policy integrity. Institutional investors are showing significant interest in tokenized funds on Ethereum, with a surge of 47% reported Q2 2025. Grayscale filed S-1 forms for Polkadot and Cardano ETFs, aiming to gain SEC approval. Japan is working towards launching its first yen-backed stablecoin, while Pump.fun has reversed its token’s downward trend through a buyback strategy.