Wu said that according to VanEck's monthly report, ETH/BTC rebounded 38% in July after hitting a five-year low; ETH volatility has dropped to its lowest level since the fall of 2024; Hedera's stablecoin supply reached an all-time high in July, thanks to increased partnerships, network expansion, and institutional recognition of its legitimacy; Hyperliquid generated 35% of blockchain revenue in July; ETH still has the potential to be a better store of value than BTC due to the greater flexibility of ETH reserves.