DoubleZero Co-founder Addresses Solana FUD Amidst Market Activity
DoubleZero (2Z)
Editor:
Eugene Serbin
Lookonchain.com reported that DoubleZero co-founder Austin Federa responded to recent fear, uncertainty, and doubt spread by industry bigwigs in private communications. Federa emphasized that the project remains fully focused on Solana, noting it provides free high-speed connectivity for over 60% of staked assets. Approximately 75% of validators currently use its network, which also offers lower-cost raw shred services.
The firm returns roughly 45% of related revenue to these validators and has more Solana products in the pipeline. In other market news, CZ stated he does not oppose Hyperliquid and welcomes more DEX competition. Bitget CEO formally requested THORChain to deny services to attacker addresses.
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How the market reacted
Whalio's own Binance spot order flow for 2Z, measured when this story was written up on 26 September 2026. Not the outlet's figures.
2Z is trading at $0.05887 with a 24-hour spot volume of $2,270,920 across 26,405 trades. The 24-hour buy ratio stands at 51.1%, while the 1-hour ratio is lower at 47.3% and the 4-hour ratio is 51.4%. Volume delta shows a positive $56,614 over 24 hours, but a negative $40,413 in the last hour, indicating a short-term shift in momentum. The cumulative volume delta for the 24-hour close is +$1,026,351, suggesting net buying pressure over the full day. The buy ratio represents the percentage of volume coming from buy orders versus sell orders. Volume delta measures the net difference between buy and sell volume, showing whether more money is flowing in or out. Buying pressure appears to be building over the longer timeframe but fading slightly in the immediate short term.
The latest daily buy ratio of 45.1% sits at the 3rd percentile of the last 322 days, against a median of 50.9% - among the weakest buying days it has had.
Was that an ordinary day?
The same Binance spot measurements for 2Z, averaged over the days leading up to the story.
Over the preceding week, 2Z saw net buying on all seven days, with a 7-day average buy ratio of 55.3%. The latest day's buy ratio of 51.1% is 4.2 percentage points below this weekly average. Spot volume for the day was 2.06 times the weekly average, indicating significantly higher activity. The price increased by 18.9% over the eight-day period, with a total volume delta of +$865,013. This represents an unusual day characterized by elevated volume and a dip in the buy ratio compared to the consistent weekly trend.