Market Trends
Currently, BTC is in a consolidation phase, while the altcoin market is performing actively, ushering in a bullish trend. Among them, Ethereum (ETH) ecosystem-related tokens have become the main focus of market capital. Meanwhile, the U.S. stock market is also showing an upward trend, primarily driven by strong employment data performance.
Market Highlights
① The popularity of stablecoins is rising, with the prices of stablecoin protocol tokens such as MKR, ENA, and LQTY increasing. Notably, stablecoin USDC has made significant news, planning to enter the U.S. stock market with a market value of $7 billion, drawing high attention from the industry.
② The Meme concept sector on the BSC chain is performing brightly, with tokens represented by BOB seeing significant price increases. BN Alpha's volume operations on the BSC chain have significantly improved its liquidity, driving a collective rise in Meme tokens across the entire BSC chain, making it one of the market focuses.
③ In stark contrast to the BSC chain, Meme tokens on the SOL chain are generally declining. It is reported that the launch platform PumpFun plans to initiate financing and issue tokens with a valuation of $4 billion, which has caused a noticeable siphoning effect on the liquidity of the SOL chain.
④ New projects ZRC, BDXN, LA, and others have been launched on the BN Alpha platform on the BSC chain. Among them, Zircuit (ZRC) is an EVM-compatible ZK Rollup solution; Bondex (BDXN) focuses on building an on-chain talent market; Lagrange (LA) is dedicated to the field of zero-knowledge proof processing protocols, with each project attracting market attention through differentiated positioning.
