Market Highlights:

1. The public chain ETH has surged, and the ETH/BTC exchange rate continues to rise. Institutional holdings of ETH account for 7%, leaving room compared to BTC's 12% institutional holdings.

2. The ETH-related projects ENA, PROVE, ZORA, ZKJ, etc. have risen sharply. ENA's USDE stablecoin has surpassed a scale of 10 billion USD. PROVE is a new coin based on zero-knowledge proof. ZORA is a launch platform for social finance on the Base chain, reaching new highs. ZKJ is controlled by Chinese investors, similar to MYX.

3. The Trump WLFI concept coin DOLO has surged several times, reaching new highs. WLFI is likely to issue tokens in September. The CTO of WLFI is a co-founder of DOLO; therefore, the Trump concept stablecoin USD1 may have a partnership with DOLO.

4. The DESCI project BIO has seen significant growth and requires staking to act as a launch platform.

5. Fan tokens for football teams like OG, JUV, etc. have increased, and the market faces increased short-term risks. $PROVE $ZORA #BTC重返12万 #ETH突破4300