Vitalik Speaks, Floki Jumps, XRP Climbs, and Galaxy Digital Breaks Records

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🔥 Vitalik’s Praise — and Subtle Shade — Hits CZ and Polygon

Vitalik Buterin surprised the crypto world this weekend with a rare, detailed thread highlighting Sandeep Nailwal of Polygon and CZ of Binance — and let’s just say it wasn’t your usual tech commentary.

The post quickly went viral, as Buterin contrasted “builders” versus “holders”, subtly reminding the ecosystem who’s still building the future instead of just speculating on it.

📍 Key Highlights from Vitalik’s Thread:

• Polygon’s Polymarket is now one of the most successful “non-traditional” DeFi apps, breaking beyond standard trading.

• The team’s early bet on ZK-EVM and proof aggregation (AggLayer) is shaping Ethereum’s scalability roadmap.

• Sandeep Nailwal personally funded medical research in India through CryptoRelief and even returned $190M in SHIB to Vitalik for redistribution.

• CZ joined the altruistic ranks with a $10M BNB donation to Vitalik’s Balvi program for pandemic prevention.

💬 “Most whales think it’s cool to care, but they don’t actually do anything.
Sandeep and CZ are exceptions.” — Vitalik Buterin

Buterin’s comments sparked a fresh round of praise — and controversy — inside Ethereum circles.

⚙️ ZK, Evolution, and the Future of Polygon

Vitalik admitted Polygon took a huge risk on ZK tech early, back when it was “raw and experimental.”
Now, with the field mature and multiple Layer-2 ZK teams branching off, he calls it “a healthy evolution.”
He hinted that Polygon’s next step should be to merge its PoS chain with ZK rollups to achieve Ethereum-level security guarantees — a move that could redefine how scaling chains interact with the mainnet.

🧠 Fun fact: The cost of generating a ZK-proof per transaction?
Just $0.0001 — a far cry from the old “too expensive for the masses” myth.
As Vitalik put it: “That’s last decade’s thinking.”

👀 Polygon’s Sandeep Fires Back at Ethereum Culture

Shortly after, Sandeep Nailwal took to social media with a surprisingly candid message — questioning whether Ethereum’s community still reflects its original values.
He warned of “value exhaustion” and hinted that Ethereum’s culture might need a reset.

It’s a rare public rift between two pillars of the same ecosystem — and it could influence how future Layer-2 partnerships evolve.

⚖️ Crypto Lobby Pushes Back Against Big Banks

The Blockchain Association, the Crypto Innovation Council, and leading fintech groups have urged the CFPB to finalize Open Banking rules that return data control to users, not banks.
The message: the era of closed financial infrastructure is ending — and the crypto sector wants to lead that transition.

🐶 Elon’s Floki Joke Moves Markets Again

In a late-night post, Elon Musk declared that his dog, Floki, had “resumed his position as CEO” of X.
Within minutes, FLOKI token surged 10%, and after Musk posted a Grok-generated animation of the dog in an executive chair — it spiked another 30%.
Call it memeconomics 101: Elon tweets, and retail follows.

🚀 XRP Climbs as Gold Slips

As gold corrected this week, Bitcoin and XRP bounced back. XRP gained 3%, supported by institutional demand around Ripple’s $1B treasury expansion.
Traders view XRP as one of the few “regulated exposure” plays left in the current environment.

💰 Slerf Refunds $10M in Burned Presale Tokens

The Slerf team completed the long-promised $10M refund for tokens lost in the 2024 presale burn incident.
The move was praised across X as a rare example of accountability and transparency in the meme sector.

📈 Galaxy Digital Hits All-Time High

Galaxy Digital (GLXY) shares rocketed 10% after a stellar quarterly report.
Strong AI-related revenue and market optimism pushed the stock to $44.3, up 420% since April — cementing Galaxy’s return as one of crypto’s strongest institutional players.

🔥 Daily Market Recap — October 21, 2025

• Global Market Cap: $4.61T (↑ 2.8%)

• BTC: $119,800 (↑ 1.9%)

• ETH: $4,515 (↑ 2.2%)

• XRP: $2.29 (↑ 3.1%)

• MATIC: $1.52 (↑ 4.7%)

• FLOKI: $0.00041 (↑ 29.6%)

• GLXY: $44.3 (↑ 10.2%)