SLAY's first 24 hours are explosive, how do old friends in the mainland crypto circle see it?
Brothers, SLAY is online on Binance Alpha, and after 24 hours, the crypto group is buzzing with excitement! As a newcomer, I flipped through the SatLayer technical white paper and found that the cross-chain and staking features of this Bitcoin Layer 2 are quite interesting, just like a fisherman discovering big fish in the sea, but has to patiently wait for calm winds. Do the brothers think this gold mine is worth digging? What makes SLAY so awesome SatLayer (SLAY) is not an ordinary project; it uses Bitcoin for staking, securing DeFi, and can collaborate with big players like Sui and Berachain. It feels like giving the Bitcoin ecosystem a strong boost.
When researching a project, the technical breakthroughs of the project itself, its implementation, profit model, and financing are absolutely key elements to focus on. The $55 million financing of succinct labs is a great case study!
Their ZK technology is amazing! The SP1 zkVM has lowered the ZK development threshold to the floor. The SP1 Hypercube relies on parallel algorithms and optimized compilers to boost TPS from 15-20 to over 10,000, with latency as low as milliseconds. Moreover, their lightweight framework has already started to be applied to Google Wallet for ZK age verification.
Most importantly, the profit model of $PROVE has been successfully validated! Rollup and cross-chain bridges are real demands driving proof generation, with customers paying in real money. After optimization, Polygon AggLayer's efficiency has increased tenfold, and the decentralized Prover network can reduce costs further. There are currently over 35 paying customers, and the ZK market is expected to grow by over 300% annually. Unlike single-chain projects that rely solely on their own transaction fees, it acts as a “toll fee” for the entire ZK market, where whoever uses it pays, showing immense potential.
The mainnet of $PROVE went live on August 5, and the coin price has performed remarkably, with yesterday’s performance standing out. For projects with solid fundamentals and core logic, it is worth considering to continuously build positions during the pullback phase and wait for the next wave of growth!
Additionally, you can participate in Binance's promotional activities, post tweets to climb the rankings and earn rewards—two birds with one stone; tech-savvy individuals can still run the testnet and use SP1 zkVM to develop DApps for ecosystem rewards.
Also, continue to gain followers; this post offers 66U big red envelopes 🎁 Feel free to share, first come, first served!
WalletConnect: The "Universal Connector" Unlocking the Web3 World
In the fragmented blockchain ecosystem, WalletConnect acts as the "universal adapter" of the digital world, redefining the interaction methods of the value internet. This open-source protocol has quietly become the invisible bridge connecting over 68,000 dApps and 800+ wallets.
Technical Breakthrough Highlights: ▸ First-ever bidirectional communication protocol: Achieves real-time data synchronization between wallets and dApps ▸ Quantum-level encrypted transmission: Processes over 500,000 encrypted requests per second ▸ Smart session management: Supports concurrent multi-chain operations without conflicts
Amazing Growth Curve: • 400% year-on-year increase in connection volume in 2023 • Highest daily processing of 23 million authorization requests • Covers 98% of active blockchain users globally
Industry Transformation Cases: ✅ After integration by a multinational gaming platform: - Web3 user conversion rate increased by 300% - Average payment time reduced from 3 minutes to 9 seconds
✅ Government digital identity project: - Utilized WalletConnect to achieve over 2 million citizen on-chain verifications - Saved 90% of identity verification costs
Ecosystem Co-construction Plan: - Developer grant fund: Annual budget of $5 million - Bug bounty program: Up to $100,000 in rewards - Global ambassador program: Already covering 35 countries
"The value of WalletConnect lies not only in technology but in the universal language it builds for Web3" —— A representative from an international standardization organization
As the era of the metaverse and AI arrives, this decentralized identity verification protocol is evolving into the underlying passport of the digital society. Are you ready to embrace this connection revolution?
(Practical advice: Next time you use a dApp, actively choose the WalletConnect experience for a fast connection) @WalletConnect #WalletConnect $WCT
The doge really can pull, woke up at 4640, getting closer to the historical high point, which means that shorting at this position is getting riskier, everyone who is shorting must hold back, as long as I don't move, the doge farm won't be able to cut me off $ETH
Today's cryptocurrency market focus is on the strong performance of Ethereum (ETH), which, driven by institutional funds, continues to refresh price highs not seen in nearly three years, boosting overall market sentiment.
Ethereum (ETH) Price Hits New High
Price Breaks Key Milestone: Ethereum's intraday uptrend is strong, having once surpassed $4,600, setting a new high since December 2021. Market analysis suggests that after breaking through $4,300, Ethereum has officially opened a new upward channel, with the highest target price even being set as high as $20,000.
Institutional Buying is Strong: Trader BitBull pointed out that the rise of Ethereum is due to a dual impetus of large-scale short squeezes and institutional buying. Companies like Huajian Medical have also made significant purchases of Ether through strategic partnerships, further validating institutional optimism towards Ethereum. For example, the average purchase price of Ether by Huajian Medical in the first batch was only $3,661, and they have currently achieved considerable gains.
To the builders of Binance Square: Grateful for your companionship, a red envelope as a gift!
Thank you to every friend who has grown together at Binance Square! We are not only participants in the community but also builders of this prosperous ecosystem. To give back for everyone's long-term support and contributions, I have prepared a special red envelope.
👉👉👉Opportunities are fair for everyone🙂The problem is that many people do not recognize opportunities💰💰💰💰Now I am telling you about a huge opportunity, pay close attention to the image below👇🏻👇🏻Huge red envelope🧧🧧🧧🎁🎁🎁 waiting for you to claim👇👇👇#BTC重返12万 #Hawk Taking off now🛫🛫🛫🛫🛫🛫🛫🛫🛫🛫Are you on board?💰💰💰
Market dynamics • ETH broke through $4,300, with a monthly increase of 65%, reaching a new high since December 2021 • A net inflow of large funds reached 4,127 ETH in 24 hours, with strong bullish momentum in the MACD • Key support levels at $4,155-4,160, with technical indicators showing that the RSI has entered the overbought rangeDriving factors for the rise• Macro: Expectations of Fed interest rate cuts boost market risk appetite and provide liquidity support• Regulation: SEC relaxes staking regulations, US government investigates bank service restrictions• Technical: Plans to lower staking thresholds (32→16 or 1 ETH) and optimize annual returns to 6%-8%• Confidence indicator: BitMEX founder Arthur Hayes makes significant purchases of Ethereum ecosystem tokens
WalletConnect: The 'Invisible Infrastructure' of Web3 Interaction Layer 🔗
Achieving seamless operations in a multi-chain ecosystem has long been recognized as a pain point in the industry. During early testing of various DApps, just the adaptation and debugging between the wallet and applications consumed 30% of the work time, until the WalletConnect protocol was integrated, which improved this inefficient state. It is like an invisible track laid for Web3 interactions, enabling 600+ wallets and 65,000+ applications to achieve standardized connections in a cross-chain environment 🛤
Core advantages of the technical architecture: A relay mechanism based on bridging nodes solves the real-time communication challenges in cross-chain environments, keeping connection response delays under 200ms 📡 Utilizing the EIP-1328 standard encrypted handshake process ensures that session keys are generated only between user devices, preventing third-party nodes from decrypting interaction data 🔑 Supports dynamic chain switching protocols, allowing seamless transitions between heterogeneous networks like Optimism and Solana without reinitializing connection parameters 🔄
⚠️ The most concerning point for everyone is here! The ecological value of the WCT token 🪙: As a staking certificate for network validation nodes, it participates in the decentralized governance of relay nodes, currently supporting an average of 3 million+ connection requests per day with the total staking amount ⚖ A quantitative carrier for community proposal voting rights, the recently passed “Session Persistence Optimization” proposal has improved connection stability by 40% 📈 In the future, it will serve as a settlement medium for off-chain computing resources, reducing interface calling costs for DApp developers 💎
Tested performance metrics: In a simulated scenario with 100 concurrent connections, the average establishment time is 1.2 seconds, speeding up by 67% compared to traditional SDK integration solutions ⏱ In a continuous 72-hour cross-chain interaction test, there was zero data loss, and encrypted sessions did not experience any abnormal interruptions 🛡
Industry value assessment: Its significance lies not only in simplifying operations but also in establishing unified interaction standards for Web3. When 47.5 million users achieve cross-ecosystem operations through the same protocol, the network effects brought by this standardization will become a key infrastructure driving the large-scale application of Web3 🚀 #WalletConnect @WalletConnect $WCT
Bibi's! Come and watch -- The new king has arrived in the DeFi world 🔥 Here comes the hardcore report you wanted, @Treehouse Official ~, Let's first take a look at Treehouse's performance in 2025, directly capturing 35% of the DeFi analysis market share, with a TVL exceeding 5.5 billion dollars! 👏👏👏
I couldn't help but analyze it, and it turns out the core weapons are two major black technologies: 1️⃣ tETH (LST 2.0): ETH staking automatic arbitrage, with yields 0.5%-1.5% higher than regular staking.
2️⃣ DOR interest rate system: On-chain version of "LIBOR," making institutions go crazy for it, it's simply a direct train to wealth 🫰
A reminder for Bibi's 👉👉 now staking TREE tokens, with an APR of up to 75%!
It has now been launched on 12 top exchanges such as Binance/OKX, and airdrops are still ongoing~ Don't miss this wave, don't wait to hear everyone slapping their thighs!!!
Coin Spirit's sharp review: This wave is truly not a low-quality project, it's real institutional-level infrastructure! A valuation of 400 million + traditional finance backing, the next Pendle in the fixed income sector might just be it ✨ (Tip: New Bibi's can first participate in the GoNuts points activity, zero threshold to reap benefits~)
Ethereum breaks through $4300, creating a nearly 4-year high!
From August 9 to 11, the price of Ethereum (ETH) repeatedly broke through the $4300 mark, reaching a new high since December 2021. On August 9, ETH effortlessly surpassed the highest point of $4100 since 2024 and surged to $4300, peaking at $4332. On August 10, the trading price of Ethereum once broke through $4300, and as of 1:30 PM that day, Ethereum reported $4224.67, up 1.1% in the past 24 hours. On August 11, Ethereum once again rose above $4300.
The main reasons for this ETH price breakthrough above $4300 are as follows:
Institutional capital inflow: In the past four weeks, the cumulative net inflow of U.S. spot Ethereum ETFs reached as high as $5.37 billion. On August 8 alone, the ETH spot ETF recorded a net inflow of $461 million. On August 10, the inflow of related ETF funds reached $222 million, with the cumulative net inflow in the past week exceeding $326 million. BlackRock increased its holdings by 65,000 ETH at once, valued at approximately $271.8 million, indicating the optimism of traditional financial giants regarding the value of Ethereum assets.
Strong performance of on-chain data: Currently, over 15% of the circulating ETH supply has been staked, reaching a historical high, indicating long-term holders' confidence in Ethereum's future value. Meanwhile, the number of daily active addresses on the Ethereum network has surpassed 350,000, with daily transaction volume reaching 1.74 million, and the network utilization is in a state of healthy growth. In addition, both long-term holders and new investors are showing positive performance, with Vitalik Buterin's personal holdings also exceeding $1 billion, returning to the ranks of on-chain billionaires.
From a technical perspective, ETH/USD has formed a clear upward channel, with prices continuing to create higher lows and higher highs since mid-April. The breakout on August 9 confirmed the validity of the upward channel. Currently, Ethereum's key support level has moved up to $4100, with short-term resistance in the range of $4350-$4400, and breaking through will directly challenge the historical high of $4800.
At the same time, if macroeconomic policies change, such as the Federal Reserve delaying interest rate cuts or increased regulation of cryptocurrencies, it may suppress the upward momentum. Additionally, the cryptocurrency market is highly volatile, and sudden changes in market sentiment may also trigger unexpected pullback risks. #ETH突破4300