The market has turned green again.

In the past 24 hours, the global cryptocurrency market cap has increased by 3.7%, currently reaching $2.68 trillion.

The crypto market is witnessing a frenzied rotation of 'policy-driven trading'! XRP has violently reversed in a V-shape, skyrocketing 22% in a single day, while Bitcoin is surging towards $88,000 under the stimulus of Trump’s tariff pause, and Sui has attracted $1.9 billion in funding, aiming to be the 'next Solana'! However, there are dark currents—SEC chairman replacement, and a South Korean court has rejected bankruptcy protection for crypto institutions for the second time, with regulatory threats looming large!

Key Events:

Policy Bomb:

The Trump administration has appointed Paul Atkins to lead the SEC, and the former Goldman Sachs executive has stated that 'crypto compliance is a priority,' with the market betting on accelerated approval for Bitcoin spot ETFs!

A South Korean court has rejected Delio's bankruptcy restructuring for the second time, sending a strong regulatory signal of 'de-leveraging,' and the lending platform collapse may resurface!

Capital Underworld:

The Sui ecosystem has attracted $1.9 billion in a single week, with TVL surging by 45%, as the 'high-performance chain narrative' crushes Ethereum L2!

Binance has launched interest-bearing token LDUSDT, with annualized interest rates soaring to 8.5%, as the exchange's underworld battles shift into the 'weaponization of yields' phase!

Technological Revolution:

Superform CEO predicts that 'DeFi 3.0 will reshape the trillion-dollar stablecoin market,' and high-yield protocols may become the next outbreak point!

TRON's on-chain stablecoin trading volume has exceeded $21 billion, with daily active addresses surging by 37%, expanding Sun Yuchen's ecological empire!