Featured News
1. BNB briefly breaks through $865, setting a new historical high
2. Today, Ethereum Layer 2 tokens surged, with ARB and ZK rising over 16%
3. Upbit's trading volume has fallen by 15.6% in the last 24 hours: XRP, ETH, and BTC occupy the top three spots
4. Pudgy Penguins CEO: The brand will collaborate with the Global Top 100 companies, announcing six major partnerships this year
5. Binance Wallet announces new TGE REVA participation threshold: at least 224 Alpha points
Trending Topics
Source: Overheard on CT (tg: @overheardonct), Kaito
OKB: Driven by OKX's announcement of significant tokenomics upgrades, the discussion and price of OKB have surged. The upgrade includes a one-time burn of over 65 million tokens, reducing the total supply to 21 million. This strategic move has caused the price of OKB to increase by over 100% in a short period. The upgrade also involves retiring OKTChain and positioning OKB as the only Gas and native token for the new X Layer public chain, which focuses on DeFi, payments, and real-world assets. Market response has been positive, with many users expressing anticipation for the long-term potential of these changes.
BNB: BNB has become a hot topic due to significant price volatility and community enthusiasm. Main discussions include BNB regaining the $850 mark, sparking speculation about new historical highs, and its role in the BNB Chain 2025 Annual Awards. The market is also focused on its potential to reach the $1200–1500 range in the next 4–8 months and its strategic position in the crypto ecosystem. Institutional buying has pushed its price up by 4%, and BNB is also being incorporated into various financial strategies and platforms.
POL: Today's discussions around Polygon (POL) focus on its significant advancements and ecosystem integration, including its dominance in the micro-payment sector, its association with Hyperbridge, and its role in cross-chain exchanges. The market is also paying attention to Polygon's integration with various ecosystems and its scalability, particularly its influence in Latin American and Asian markets. Its strong net fund flow and strategic partnerships are expected to drive further growth.
DOGE: Dogecoin (DOGE) has gained significant attention and positive sentiment on Twitter, primarily driven by discussions of a potential significant price increase and institutional interest. Highlights include predictions that if Bitcoin reaches a new high, DOGE could break through $0.27 and experience a 'God Candle'. The coin has recently risen by 25.5%, reflecting a trend of funds shifting from Bitcoin to altcoins. Additionally, DOGE's status as a leading meme coin and its integration with platforms like DogeOS are also driving market enthusiasm.
Featured Articles
1. (This DEX that hasn't issued tokens has outperformed Uniswap in revenue)
A low-key dark horse Perp DEX, which has only been operational for a year, has surpassed Ethereum, Base, and other leading public chains in 24-hour revenue. Extending the timeframe to 7 days, it has outperformed established DeFi players like Uniswap, Jupiter, AAVE, and Lido. It is not only one of the few projects in the top 15 by daily revenue that hasn't issued tokens, but it also boasts the best liquidity depth for buying BTC and ETH within a 0.01% price range. This new 'monster' of revenue curves is called edgeX.
2. (Reflecting on the platform token war four years ago, is there still a tenfold space?)
Bitcoin hits a new high, and Ethereum's continuous rise seems to signal the beginning of an altcoin season. Platform tokens are leading the charge, with OKB hitting a historical high yesterday, and BNB following suit, breaking through $865 with a high market cap, setting a new record. Despite Binance undergoing several months of adjustments after CZ stepped down as CEO, the launch of Binance Alpha this year has successfully gained traction, strongly entering the Web3 wallet space. The frequency of Launchpool and Launchpad projects has decreased, but BNB holders can still enjoy exclusive airdrop benefits. Additionally, with the rise of the 'Treasury' concept in the US stock market, BNB has quickly laid out plans in related sectors, further driving up its price and demonstrating strong market momentum.
On-chain data
On-chain fund flow situation on August 14
