Web3姑姑

The Year of the Horse hasn't truly started running yet,
🔥 the circle has already begun cultivating immortality.
🚀 Secluding oneself, enduring trials, ascending to immortality,
🛫 Though it's said in jest, it's actually a reason for oneself.
🎇 What spreads isn't mysticism, but the fact that the top figure was already there.
🌙 Fire Horse of Bing Wu, go with the flow,
🌞 'One horse 🐴 becomes immortal,' naturally connecting.
🌹 Not seeking ascension,
🐴 Just hoping you take this step and mount the horse yourself.
#一马当仙 #memecoin🚀🚀🚀

Just saw a significant development: Ripple has officially received licensing approval from the UK's Financial Conduct Authority (FCA), allowing it to expand its Ripple Payments licensing business in the UK. This covers the Electronic Money Institution (EMI) license and crypto-asset registration. In short, UK institutions can now use XRP for cross-border payments under a regulated framework.

Such a regulatory approval is no small matter in the crypto industry. On one hand, it adds solid weight to the long-standing 'compliance debate' around XRP — the FCA's review standards are rigorous, and passing such scrutiny signifies that XRP and its payment system have received functional recognition within a traditional financial hub.

On the other hand, it helps clearly position XRP's role from a mere trading asset toward a real payment infrastructure. UK institutional banks and payment service providers can now build cross-border settlement channels within compliant boundaries, theoretically moving beyond pilot programs or sandbox testing.

Of course, market prices may not immediately reflect this on the K-line, but from a long-term structural perspective, the establishment of such regulatory infrastructure helps lower the entry barrier for institutions and strengthens trust in partnerships. The clearer the compliance path, the more conducive it is for large-scale financial entities to participate — rather than solely interpreting XRP's value through speculation.

This FCA approval is not an isolated event, but rather a milestone in the global regulatory trend of integrating XRP into the traditional financial framework — turning 'on-chain liquidity' into a bridge usable for off-chain payments. This is worth understanding and paying attention to. #加密市场观察 #Xrp🔥🔥 $XRP

When discussing Solana's on-chain performance, don't just focus on price fluctuations— it's proving itself through 'real data.' Latest on-chain data shows that, despite the overall market being quiet, Solana's decentralized exchanges (DEXs) and on-chain liquidity have actually strengthened逆势, ranking at the top among all Layer-1 and Layer-2 networks. In recent periods, DEXs have processed transaction volumes totaling nearly $6.7 billion—a significant achievement in a volatile market.

What does this indicate? On one hand, it reflects sustained real-world demand: not driven by hype or short-lived trends, but by genuine user interactions with protocols that drive liquidity retention and conversion. Solana's high throughput and low transaction fees continue to be validated by leading DeFi protocols, market makers, and active traders.

On the other hand, open interest in the derivatives market is also expanding, reaching several billion dollars, indicating that more capital is willing to take on risk rather than just watching from the sidelines.

As an ecosystem momentum signal, Solana's combination of on-chain activity and deep liquidity often speaks louder than mere price movements. When the market cools down, what truly demonstrates value is on-chain user activity and real traffic—not just emotional speculation. Solana's current performance is indeed worth paying closer attention to during periods of market consolidation.
#加密市场观察 #Solana涨势分析 $SOL

Rise to immortality instantly

Ethereum's start to the new year has been much more active than many expected—quiet in terms of price movements, but vibrant in on-chain usage and ecosystem growth, marking a tangible milestone. According to on-chain data, Ethereum's total value locked (TVL) in application layers has broken through the $300 billion threshold. This is not just a number growing—it reflects deep participation of DeFi, staking, and Web3 applications on the ETH network.

What does the rise in TVL indicate? It's not merely an increase in wallet numbers, but real capital flowing into protocols and being actively used, rather than just superficial liquidity activity on trading platforms. This is driven by growing trust in liquid staking and DeFi protocols, as well as sustained momentum from developers continuing to build on Ethereum's mainnet and Layer 2 solutions.

Moreover, on-chain activity has reached new highs—daily active addresses and transaction counts are clearly rising, meaning more and more users are actively engaging with the ecosystem, rather than just staring at price charts.

This phase of growth, prioritizing usage over speculation, is a genuine signal of Ethereum's ecosystem health. In recent periods, ETH's price has remained relatively flat, yet the network's fundamentals have quietly strengthened—depth of ecosystem, protocol TVL, and user retention are metrics that matter more than mere price volatility.

In short, Ethereum isn't chasing bubbles—it's focusing on building its ecosystem and locking in capital. True value often begins with such silent accumulation, followed by tangible, sustainable trend development.
#加密市场观察 #ETH巨鲸动向 $ETH

Recently, Bitcoin ATMs have become a focal point of public attention again, but not because of increased usage—rather, due to growing concerns about fraud and regulation. In Missouri, the Attorney General's office has just announced an investigation into several companies operating Bitcoin ATMs, primarily focusing on complaints about hidden fees and misleading charges. Consumers report being 'tricked,' with unclear fund flows after depositing money, and regulatory scrutiny is intensifying.

Even more seriously, according to a recent FBI report, fraud losses related to Bitcoin ATMs in the U.S. alone exceeded $330 million in 2025—double the amount from the previous year. This figure is alarming, and the scams mostly involve social engineering tactics, such as impersonating government officials or technical support, luring victims into operating the machines.

To some extent, the 'popularity' of Bitcoin ATMs reflects two contradictory trends: on one hand, infrastructure coverage is expanding—global numbers of these machines continue to grow, and their convenience is undeniable; on the other hand, security, compliance, and transparency have failed to keep pace with this growth, leading to frequent fraud incidents and regulatory interventions.

Therefore, discussions about Bitcoin ATMs today should not focus solely on how many units exist or how close they are to us, but rather on what role these devices actually play in the real ecosystem: are they financial gateways, or easily exploitable 'cash channels'? Understanding this contradiction is more insightful than merely discussing price fluctuations, as it better captures the current market reality.

#加密市场观察 #美国讨论BTC战略储备 $BTC

You must remember to grab the airdrop tomorrow, or you'll waste your points 😭😭#加密市场观察 #ALPHA

go

$ZTC This is probably the worst TGE ever! #ALPHA #tge $ZTC

Solana has truly started to tell its own story on the path of financialization recently — spot and staking ETFs for Solana launched with a significant surge in trading volume, especially Bitwise's BSOL, which recorded multi-million-dollar trading volumes and net inflows in its initial days, outperforming similar products.

Is this volume surge just 'short-term noise' or the beginning of a 'new normal'? Let's examine the underlying logic:

On one hand, ETFs serve as a bridge for institutional and traditional capital to enter on-chain assets. Solana's ETF isn't just a simple tracker of the SOL price; it includes a 'staking yield' structure, attracting capital that demands returns — a shift from pure speculation in the past.

On the other hand, this explosive trading volume also reflects an 'early exploration' phase. New ETF products typically experience concentrated trading activity at launch, akin to a 'debut effect' — high volume but also high volatility. Whether this can sustain long-term growth depends on institutional allocation patterns and market acceptance.

Moreover, during the same period, capital flows into BTC/ETH ETFs were relatively weak, indicating a structural rotation in the market — investors are seeking risk exposure beyond the major assets.

Therefore, this surge in Solana ETF trading volume may represent both the 'first-time effect' and the early stage of institutional interest, possibly beginning to form a more mature capital channel. Understanding the underlying 'shift in capital structure' is more insightful than merely looking at trading volume numbers.#加密市场观察 #solana $SOL

Support sisters' premiere 👻

🔥It's time to sleep again
🧧Send some 3888 $BTTC
🛫Keep the brothers who are still pushing at their desks going.

✨The market may not take off immediately,
🌞but your mindset must not break first.
⭐After all —
🚀How to relieve worries? Just stay alive, and meanwhile wait for a big fortune. 💸
#加密市场反弹 #Crypto Market Watch

$ZTC Damn, the new stock launch today is only $30 or so, just like a surprise drop on old Mao. Just throw it in and see if there's a miracle. #ALPHA #空投

The BNB I bought at the summit 1273 has come in handy again. Last time I sold it for over $160 in the new layout, and what will happen with the new token launch at 4:00 PM today's TGE? Could there be a surprise?
Alpha is still active with 244,623 people. Compared to yesterday's 41,900 departures, did everyone spend 30 minutes领取 BREV yesterday?

Today's new token launch is ZTC (the native token of Zen Chain). Zen Chain itself is a new Layer-1 blockchain, focusing on two directions: cross-chain privacy protection and high scalability. The total supply is 2.1 billion tokens, with 1% released at this TGE. Just keep accumulating points to boost! If you don't have BNB, consider borrowing #ALPHA #airdrop

Just came across an article that I found quite interesting, worth discussing — Arthur Hayes, co-founder of BitMEX, has put Bitcoin together with oil prices/liquidity structure, offering a somewhat different logical framework. The article suggests that changes in oil prices might indirectly influence macro monetary policy and market liquidity, thereby exerting a push on BTC.

He sees it as a chain of events: if oil prices are under pressure, consumers face less spending pressure and inflationary pressure eases. Meanwhile, policymakers (such as governments and central banks) may be more inclined to maintain or expand stimulus and credit expansion. Hayes' view is that the combination of ample liquidity and low energy costs is theoretically more favorable for high-risk assets, as a宽松 macro environment encourages capital to seek returns.

There are two core points worth pondering behind this logic:

First, liquidity is not created out of thin air; it is driven by energy, fiscal, and monetary conditions, especially more pronounced in the context of major power political and economic博弈. Second, Bitcoin, as a scarce asset, is likely to be included in a broader asset allocation framework during periods of liquidity overflow.

Of course, Hayes' framework is not a mechanical prediction of prices, but rather a causal inference within a macro structural context. Given that the market has repeatedly proven the profound impact of traditional liquidity environments on BTC, this perspective is worth understanding and incorporating into one's own decision-making system, rather than relying solely on the intuitive notion that "lower oil prices mean higher BTC prices."
#加密市场观察 #BTC☀️ $BTC

Tonight at 8 PM, Alpha BREV Airdrop - as for the big one, it's already on the contract. Initially, 30 points will be deducted. Are you going to claim? Will the points be reduced to a widespread sunshine? 😂😂 1 minute reduces 5 points. Otherwise, directly claiming 30 points feels a bit unfair, right? 😰😰#ALPHA #空投 $BREV

The latest on-chain activity is worth discussing — BitMine (BMNR) has increased its holdings of Ethereum. In the last week of 2025, the company purchased 32,977 ETH, bringing its holdings to approximately 4,143,502 ETH, which accounts for about 3.4% of the total supply of Ethereum.

At first glance, this seems like a 'whale accumulation' news, but there are actually several more intriguing structural clues behind it:

First, BitMine's actions are not a one-time 'impulsive buy,' but rather part of a strategy that has been accumulating over the years. In the process of continuously increasing its ETH reserves, its assets have expanded to a total level of approximately $14 billion, including crypto positions, cash, and investments. Such a scale is not simple short-term speculation but rather long-term capital allocation.

Second, BitMine is also advancing its staking ecosystem (MAVAN / Made In America Validator Network), using a portion of its ETH to participate in staking and generate returns. This 'holding + output' model is more akin to institutional asset operation than merely hoarding coins.

Third, the market response has been quite direct: pre-market trading activity for BMNR has increased, and investors are interested in this accumulation strategy. Additionally, some market perspectives suggest that this indicates large institutions still have confidence in the future ecosystem and earning potential of Ethereum.

Of course, this large-scale holding also brings duality: on one hand, it reduces circulating supply; on the other hand, it means that the company has very clear pricing expectations for ETH. Regardless, viewing this dynamic as a 'long-term capital allocation rhythm,' rather than merely a price fluctuation signal, will help us better understand the position of major players in the market.
#加密市场观察 #ETH巨鲸动向 #Bitmine $ETH