1）Market Overview：

BTC is down, altcoins are following suit. MicroStrategy bought 5000 BTC last week, but buying power has clearly weakened. US stocks are fluctuating at low levels, while A-shares have directly surged to a 10-year high, gaining momentum.

2）Market Highlights：

1. Binance has launched Plume, which is an RWA public chain and has intricate ties with Trump's USD1.

2. The airdrop of stablecoin public chains is worth paying attention to! Many VCs are pouring money into this space, which may replicate the L2 and ZK myths of previous years.