The U.S. Bureau of Labor Statistics (BLS) released the April 2025 consumer price index (CPI) related data at 8:30 AM local time on May 13. In terms of overall CPI, the year-on-year growth rate is 2.3%, which is lower than the market expectation of 2.4%, reaching the lowest level since February 2021, further slowing down compared to March's 2.4% year-on-year growth. On a monthly basis, the overall CPI in April increased by 0.2%, slightly up from the 0.1% decline in March. Looking at the core CPI (excluding food and energy factors), the year-on-year growth rate is 2.8%, in line with expectations and stable compared to March; monthly growth is 0.2%, consistent with market expectations.
After the release of the April 2025 CPI data, there were no signs of rising inflation, further strengthening the market's expectations for a Fed rate cut within the year. As a result, the price of Bitcoin briefly approached the $105,000 mark. Ethereum performed even stronger, breaking through $2,700 in the early session, with a 24-hour increase of more than 8%, and a cumulative weekly increase of 50%, launching an attack towards $3,000. During the same period, the price of SOL broke through $180 in the early session, with a 24-hour increase expanding to 4.79%.
Driven by the rise in Ethereum prices, ETH ecological tokens and past meme popular coins collectively surged. Among them, the staking sector leader Ethfi saw a 24-hour increase of 30%, while Bome followed up on the previous hot token punt, with a concurrent increase of 33%. Additionally, the AI concept sector also experienced significant growth.
The core logic behind Ethereum's rise comes from three major driving forces:
1. Technical Upgrade Empowerment
The Pectra upgrade (launching on May 7) introduces EIP-7702 (account abstraction) to optimize user experience, while raising the validator staking limit from 32ETH to 2048ETH, eliminating technical barriers for institutional participation in staking.
2. Institutional Layout and Compliance Breakthrough
BlackRock and other institutions are expanding Ethereum application scenarios through RWA tokenization, promoting ETH's shift from 'asset' to 'infrastructure'. The market expects the SEC to approve ETH staking ETFs within the year, further strengthening liquidity and compliance.
3. Market Expectations Heat Up
Analyst VirtualBacon predicts that once BTC breaks through $200,000, ETH may launch an attack towards $10,000. This long-term valuation expectation continues to attract new capital into the market.
Siren's growth momentum remains strong, rapidly rising from $100 million yesterday to $138 million today. This sustained growth trend is quite similar to the previously popular token Cheems on BSC. Siren neither relied on celebrity effect hype nor experienced drastic corrections; its steady performance evokes the reputation once enjoyed by Cheems — perhaps, the 'next Cheems' that the market has been searching for is indeed Siren.
Upon reviewing Siren's functionalities, it was found that the project has supported multiple operations through command sets, covering token analysis, creation, and trading. Its token analysis function performed well in practical tests. However, to be fair, these features are not original; the team's tweets show they are still in continuous iteration and development.
This inevitably raises the question of whether Siren is a token controlled by strong whales? From the market value performance, it far exceeds expectations — defeating all competitors when voting for listing, and even compared to projects that have already launched spot trading, it is not inferior, firmly sitting at the top of the meme coin list issued by the fourmeme platform. Currently, Siren has broken through the $100 million market cap, launching an attack towards $150 million.
If more similar projects emerge in the BNB Chain, it will undoubtedly enhance the ecological attractiveness. Instead of envying other chains for producing high market cap tokens, it is better to create a local benchmark for wealth creation; after all, bringing returns to investors is key.
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BONK
The strong increase of HOSICO and Useless reveals that the users of the BONK ecosystem are mostly early deep participants in Solana, who not only have substantial capital reserves but also possess long-term holding power. It has been proven that the rise of high-value projects cannot be separated from the continued support of core investors, and BONK users are demonstrating this cohesion through their actions. In the competition within the Solana ecosystem, BONK may become the most powerful meme value reshaper.
As a consensus gathering place for seasoned Solana players, BONK carries the potential to revitalize meme culture. Currently, while Solana chain projects have shown vitality, there is still greater room for development compared to BONK's ecological vision. BONK has now broken through a key resistance level, and it is recommended to seize the opportunity to go long: entry price reference is the current market price, take profit point will be announced by the community, and stop-loss price is set at 0.00002.
