Market Trends
BTC has shown remarkable resilience recently, oscillating at high levels. It is worth noting that MicroStrategy has made a significant purchase of 7,000 BTC, providing some reassurance to the market. However, the overall market remains relatively subdued, and there have not yet been any particularly bright spots. The US stock market is also experiencing fluctuations, and the Federal Reserve has clearly stated that it will not consider interest rate cuts before September, which does put some pressure on market sentiment.
Hotspot Tracking
1. Airdrop Expectations: bn alpha's soon and xterio have been gaining some popularity recently. Soon is a rollup project based on SVM, while xterio focuses on the development and operation of chain games. However, at this point, the potential seems limited, and the participation value is average.
2. RWA Track: Collat has recently performed exceptionally well, breaking through previous highs after a correction. This project plans to build an RWA capital market on the Solana chain, and it seems the market is quite optimistic about its future plans.
3. Speculative Stocks: The hottest recently has to be Dino, which has increased by over a hundred times since the beginning of the year, making it a phenomenon. However, there are rumors that there is capital manipulation behind it, and such 'speculative stocks' are highly volatile and risky. It’s best to just observe the excitement, and participation should be cautious.
