GM20250509
1)Market Trends
BTC surges back to $100,000. The altcoin leader ETH rebounds on a weekly level, and altcoins may have relative opportunities in the next 2-3 months.
U.S. stocks rise. U.S. media reports that tariffs on China may be reduced to 50% next week.
2)Market Highlights:
1. The public chain ETH surges, leading projects in the ETH ecosystem rise, including meme projects like Pepe, Neiro, Moodeng, and ecosystems like Eigen, ETHFi, Ena, etc.
2. The public chain Sui surges, being the strongest rising public chain recently.
3. AI projects like Virtual, Fartcoin, etc., surge. Virtual's new staking launch mechanism is a Ponzi flywheel.