Selected News
1. Arthur Hayes: HYPE is expected to have 126 times potential upside.
2. The number of ETH queued to join the Ethereum PoS network has risen to 404,500, while over 840,000 ETH are waiting to exit.
3. Galaxy, Jump, and Multicoin seek to raise $1 billion to purchase SOL.
4. Base's on-chain sports prediction application Football.Fun has surpassed $1.5 million in cumulative revenue.
5. Meme coin balajis briefly surpassed a market cap of $20 million, with a 24-hour increase of 123%.
Featured Articles
1. (Solana Meme makes a strong comeback, what is being speculated on-chain?)
Although the trend towards cryptocurrency compliance has become apparent recently, it seems that all blockchain projects have suddenly been associated with "compliance," "institutions," and "policy trends." However, the boom of on-chain Memecoins and ICM projects seems far from over. As if to seize the "last wave" of on-chain excitement, various platforms have chosen this moment to unveil their "killer moves." Rhythm BlockBeats has compiled several recently outstanding projects for introduction.
2. (The future trillion-dollar stablecoin manufacturers)
One of the world's largest online payment infrastructure companies, Stripe, has launched a stablecoin issuance platform called Bridge, which has co-developed the native stablecoin MetaMask USD (mUSD) for the wallet application MetaMask, which has over 30 million crypto users. Bridge handles the entire issuance process from reserve custody, compliance audits to smart contract deployment, while MetaMask focuses on refining the front-end product interface and user experience. This collaboration model is one of the most representative trends in the current stablecoin industry, with more and more brands choosing to outsource the complex issuance process of stablecoins to professional "manufacturers," just like Apple outsourcing iPhone production to Foxconn.
On-chain Data
On-chain fund flow situation for the week of August 25.
