GM May 26, 2025
1. Market Trends
BTC is fluctuating at a high level, while altcoins lack independent trends. The main theme of the market revolves around memes.
U.S. stock markets are closed on Monday, and the U.S.-Europe tariff war is temporarily paused.
2. Market Highlights:
1. The on-chain contract platform Hype has surged to a new high, reaching a market value of $40 billion. Hype accounts for 10% of the BN contract business, with an annualized revenue of about $1 billion and 40% of the chips staked highly concentrated. The meme of Hype chain, Purr, has surged several times.
2. The USDI concept coins like B and Lista are rising. B has soared to a market value of $400 million, becoming the meme of Trump's stablecoin USD1, with WLFI in control.
3. Memes like Moodeng, Neiro, Launchcoin, and Labubu are on the rise. Labubu has reached a new high after adjustments, representing a global IP with similar online popularity to Moodeng and Chillguy.
4. The BN Launchpool will list Huma Finance today, which is RWA and PayFi, similar to on-chain P2P finance.
