April 17 Market Trends

1) Overall Market Trends

BTC fluctuates, altcoins decline. The market's main focus is on the SOL ecosystem.

US stocks plummet. Fed Chairman Powell makes hawkish remarks but slows down the balance sheet reduction.

2) Market Highlights:

1. New coin WCT experiences significant fluctuations on South Korea's Upbit.

2. Public chain SOL rebounds, with ecosystem projects Layer and Ray following suit. Layer is a speculative stock reaching new highs, a hardware-accelerated blockchain that previously staked on the SOL chain and has now launched the PayFi business. DEX's Ray introduces a meme launching platform, with 25% of transaction fees allocated for Ray buybacks.

3. On the SOL chain, Fartcoin, Dark, and others are rising. Dark combines AI and GameFi, using the MCP open-source framework, with market rumors suggesting it is a conspiracy group. #币安LaunchpoolINIT