GM20250410 Market Analysis
I. Market Trends
Recently, the financial markets have experienced significant volatility. Bitcoin (BTC) has closely followed the upward trend of U.S. stocks, with prices soaring, leading to a general increase in various altcoins. U.S. stocks have also welcomed a strong surge, with daily gains reaching the highest level in 17 years. From a macro perspective, short-term negative factors seem to have been largely cleared. Trump announced a 90-day suspension of tariff collection but specifically imposed a 125% tariff on China, which undoubtedly has an impact on the related economy and markets.
II. Market Hotspots
1. Public Chains Perform Well: Public chain projects such as Solana (SOL), Ethereum (ETH), and Layer have seen substantial rebounds. Notably, the Trump family fund chose to sell Ethereum (ETH) during this period. The Layer project, which utilizes hardware acceleration technology, has performed exceptionally well, with prices rising continuously to set new historical highs.
2. Rise of Meme Coins on Solana: Meme coins Fartcoin and RFC on the Solana chain have seen significant price increases. Fartcoin has played a key role in this market rebound, acting as a barometer for market trends, and has attracted large whales to buy in, reportedly with a purchase amount reaching $2 million. RFC has also garnered attention, having been reported by CCTV and being associated with the Musk concept, maintaining high popularity.
3. New Coin Launch Updates: BN has launched the Babylon project, a staking protocol based on Bitcoin, providing users with new avenues for cryptocurrency financial operations; OK has introduced Prompt as an important infrastructure on the AI chain, expected to play a significant role in the integration of artificial intelligence and blockchain. #BTC