Gold prices surged past $2,710 per ounce, reaching a record high due to increasing global demand for safe-haven assets and expectations of further interest rate cuts from major central banks, particularly following the European Central Bank's third rate cut this year to 3.25%. The price was also bolstered by heightened tensions in the Middle East after the Israeli military confirmed the death of Hamas leader Yahya Sinwar, intensifying fears of regional conflict. Additionally, investors moved away from riskier assets due to disappointing fiscal responses to China's property crisis and uncertainties in the US presidential election. However, strong US economic data tempered gold's rise by suggesting a potential shift towards a less dovish Federal Reserve.

Tron's memecoin frenzy, fueled by its new launchpad SunPump, resulted in a record quarterly revenue of $151.2 million for Q3, a significant 30% increase from the previous quarter. This surge in revenue was largely driven by the launch of over 89,000 tokens and a remarkable 487% increase in decentralized finance transactions. Additionally, Tron demonstrated deflationary trends with a substantial net burn of tokens while its total value locked in DeFi protocols experienced a decline from its all-time high.