Selected Highlights
1. Mango Network announces MGO token economics: Total supply of 10 billion tokens, with 5% allocated for testnet airdrop
2. Community revelations: Humanity may be a 'domestic project shell', raising privacy concerns regarding fingerprint data collection.
3. Binance: Alpha points reaching 247 will qualify for the first phase of the 250 CARV airdrop
4. Upbit 24-hour trading volume ranking: XRP, BTC, ETH take the top three spots
5. Initia: The time window for the 'Inflation Adjustment and Staking Exit Subsidy' has ended, and subsidies will be distributed before July 7.
Trending Topics
Source: Overheard on CT (tg: @overheardonct), Kaito
HANA: Discussions around HANAHANA today mainly focus on its inclusion in the Kaito Earn program and the launch of the Yapper leaderboard, which allocates 1.5% of the total token supply for reward distribution. HANAHANA is referred to as a 'super casual financial application' and dubbed the 'crypto version of TikTok', incubated by Binance Labs and supported by HyperliquidX. Currently, its TGE early bird sale has begun, featuring a 0% cliff (no lock-up period) and no vesting period, with a fully diluted valuation of $400 million. The community shows strong interest in the potential of HANAHANA to combine entertainment and crypto, as well as its strategic partnerships with several well-known investment institutions.
EIGENLAYER: EigenLayer has gained widespread attention today due to the launch of the EigenCloud platform. EigenCloud is a verifiable cloud platform that combines large-scale programmability with blockchain-level trust assurance, seen as an important step in enabling developers to build complex applications with crypto-level validation capabilities, expanding the application boundaries of blockchain technology. a16z announced a $70 million investment in it, further highlighting its potential profound impact in the crypto ecosystem.
APT: APT has sparked heated discussions today due to several significant developments. The leading South Korean exchange Upbit announced support for USDT on the Aptos network, which is expected to drive liquidity and adoption in the South Korean market. Additionally, Aptos Labs launched the network update 'Baby Raptr', which reduces latency and improves performance; meanwhile, Greg Nazario has been appointed as the head of developer relations at Aptos Labs, reflecting its ongoing strategic direction to deepen community building and innovation. These developments, combined with the expansion and collaboration of the Aptos ecosystem, have contributed to its rising popularity and positive market sentiment.
NANSEN: Nansen officially launches its Season 01 Points Program, becoming today's topic of discussion. The program encourages users to participate in the Nansen ecosystem through subscriptions, staking, and invitations to gain opportunities for future airdrops and exclusive rewards, including discounts and trial rights on partner platforms. This initiative has sparked widespread community interest, with multiple tweets emphasizing the program's appeal and the strategic partnerships Nansen has established to enhance user engagement.
Selected Articles
1. (Stablecoin Weekly | The Capital Narrative of Stablecoins: The 'Monetary Layer' of the Next Generation Internet)
This week, Rhythm BlockBeats observed a key trend: stablecoins are no longer just tools of the crypto industry but are being re-rated by mainstream capital markets, becoming a new asset class and growth narrative. According to Rhythm BlockBeats' latest survey, nearly 300 financial executives globally no longer view stablecoins as a means of 'cost-saving', but rather as a strategic growth engine that drives operational efficiency, accelerates market expansion, and generates new revenue. In their view, 'faster settlement speeds' and 'stronger market entry capabilities' have far surpassed the tactical value represented by 'cheaper'.
2. ('Coin stocks' what are they trading? An overview of the hottest crypto concepts in US stocks)
Crypto enterprise stocks are becoming a special 'crypto hotspot': traditional market investors are beginning to pay attention to companies in the crypto industry, while crypto enthusiasts view the price fluctuations of these stocks as one of the indicators of market changes. This article will outline recent hype surrounding crypto concept stocks in US markets.
On-chain Data
On-chain capital flow situation on June 23
