$ETH Ether is finally going to rise #以太坊走势 1) Market Trends
1) BTC hits an all-time high, altcoins lag behind.
U.S. stocks are volatile, and the U.S. deficit is out of control.
2) Market Highlights:
1. The on-chain contract platform Hype has surged significantly, with a market cap of $33 billion entering the top 10, potentially rising to a market cap of $50 billion in the future, which is half of BN's valuation. Hype's chips are highly concentrated, with total contract holdings reaching an all-time high, generating approximately 500,000 in automatic buybacks daily; large whales prefer to use Hype.
2. Meme coins like Fartcoin, Moodeng, and Labubu have surged. Moodeng is on U.S. Robinhood. Labubu rebounded to a new high after crashing to zero; it is the global IP of Bubble Mart, similar to Chillguy.
3. The WLFI concept tokens B and Lista have surged. B is the meme token for WLFI's stablecoin USD1, while Lista is in partnership with WLFI. The market expects WLFI, linked to Trump, to issue tokens at the market peak in October, which will quickly reach BN.
4. AI tokens WLD and Cookie have surged. A16Z fund purchased $130 million in WLD. Cookie aims to create a Kaito-like InfoFi business, with a market cap lower than Kaito.
5. The largest DEX platform in the Sui ecosystem, Cetus, was hacked and dropped significantly, causing meme tokens on the Sui chain to collectively plummet. The ETH chain has recently been used for money laundering.
6. On the BN launchpool, Huma, Huma Finance focuses on RWA and PayFi, with a business model similar to a Web3 version of P2P lending.