Market Overview

- BTC adjustment, altcoins broadly decline, but the crypto market saw a net inflow of 9 billion USD in the past week, while US stocks experienced a volatile rebound.

Market Highlights

- Project Updates: BN will launch ethsign, a project invested by BN labs, which is a decentralized electronic protocol signing platform that can be used for notarization.

- Public Chain Unlocking and Ecological Development: The public chain Sui unlocked 270 million USD this week, and its ecological project wal reached a new high; it is permanent storage.

BN Alpha will airdrop the staking protocol haedal on Sui.

- Meme Coin Performance: The meme coin house surged significantly, with a market cap of nearly 100 million USD, as whales like ansem and him bought in and promoted it.

In this round, on-chain AI coins generally performed worse than conspiracy group coins.