April 23, 2025
I. Market Trends
Bitcoin surged, Bitcoin contract rate -0.02%, short-term sentiment hit bottom. Altcoins generally rose, with the market focus on Meme and AI.
U.S. stocks soared, Trump stated that tariffs on China will significantly decrease, and trade conflicts are expected to ease. Safe-haven assets fell, with gold peaking at $3,500 before pulling back.
II. Market Highlights:
1. Binance launched Hyperlane, an interoperability protocol for cross-chain communication. This time, Binance wallet IDO averaged a yield of 200U, and in the past few months, airdropped about 500U from Binance Alpha single accounts.
2. Major public chains like Sui, Solana, and Ethereum surged, with Sui performing the best. The Sui ecosystem's Deep saw significant gains, launching on the Korean exchange Upbit.
3. Meme coins such as Fartcoin and Troll surged, reaching new highs since the market rebound. Fartcoin is the leading rebound token on the Solana chain, entering the top 5 by market cap in Meme coins. Troll is a strong speculation token of a conspiracy group, listed on Binance Alpha and Moonshot.
4. AI concept coins like Dark, Zerebro, Arc, Virtual, AIXBT, and Lumo rebounded. Dark is an MCP concept, and Lumo received funding from NVIDIA.
