1) Market Overview
BTC rises, altcoins surge, the main focus is on the ETH ecosystem. US stocks are up, and expectations for a rate cut in September are increasing.
2) Hot Sectors
1️⃣ ETH surges, ETH/BTC exchange rate continues to rise, institutional holdings 7% vs BTC's 12%, still some room.
2️⃣ ETH ecosystem explodes: ENA, PROVE, ZORA, ZKJ surge.
- ENA's USDe stablecoin surpasses $10 billion in scale
- PROVE: new zero-knowledge proof coin
- ZORA: Base chain SocialFi launch platform, hitting new highs
- ZKJ: Chinese-led version of MYX
3️⃣ Trump WlFi concept: DOLO skyrockets several times, WlFi is highly likely to issue tokens in September, CTO is also a co-founder of DOLO, potential collaboration with USD1 stablecoin.
4️⃣ DeSci sector: BIO surges, needs staking to become a launch platform.
5️⃣ Football fan tokens OG, JUV rise, short-term risks increase.
