GM20250526
1) Market Trends
BTC is fluctuating at high levels, with altcoins lacking independent trends. The market's main focus is on meme.
The US stock market is closed on Monday, and the US-EU tariff war is temporarily on hold.
2) Market Highlights:
1. The on-chain contract platform Hype has surged to a new high, reaching a market capitalization of $40 billion. Hype accounts for 10% of the BN contract business, with an annual revenue of approximately $1 billion, and 40% of the chips are highly concentrated. The meme on the Hype chain, Purr, has skyrocketed several times.
2. Concepts like USDI, B, and Lista are rising. B has surged to a market capitalization of $400 million and is the meme for Trump's stablecoin USD1, with WLFI as the main player.
3. Memes like Moodeng, Neiro, Launchcoin, and Labubu are on the rise. Labubu has reached a new high after adjustment and is a global IP, with similar internet popularity to Moodeng and Chillguy.
4. The BN Launchpool will list Huma Finance today, which is RWA and PayFi, akin to an on-chain version of P2P finance.