Recent Market Hotspot Summary

BSC Chain Projects Surge, Binance Launches Voting for Token Listings

Projects on the BSC chain, such as TUT and Broccili, have performed strongly recently, with significant price increases.

Binance (BN) has launched its first voting for token listings, initially limited to BSC chain projects, with plans to expand to the entire Alpha ecosystem in the future. This initiative has brought more attention and capital inflow to BSC chain projects.

Veteran Token XRP Makes a Strong Comeback, SEC Abandons Lawsuit

XRP has seen an increase recently, re-entering the top three by market capitalization in cryptocurrency.

The U.S. Securities and Exchange Commission (SEC) has abandoned its appeal against Ripple, paving the way for XRP's future. The market expects XRP may welcome significant benefits such as an IPO and ETF.

Small Token AUCTION Surges Due to Short Squeeze, Transitions to AI Launch Platform

AUCTION has recently surged significantly due to a short squeeze and is transitioning to an AI project launch platform, attracting a lot of attention.

Large Holders Cause Shorting Rates to Soar to Annualized -150%, Market Sentiment Extremely Bullish.

On-chain Exchange Hype Recovers, Token Empowerment and Staking Fee Waivers

The price of the on-chain exchange Hype has rebounded recently, attracting more users and capital participation by empowering tokens and launching staking fee waivers.