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Introduction
On May 9, 2025, the price of Ethereum (ETH) experienced a significant rise, increasing from $1,814.21 on May 8 to the current $2,191.63, a rise of about 20%. This surge has drawn investors' attention to future trends. This report will delve into the reasons behind this price increase, particularly the impact of the Pectra upgrade on May 7, and assess whether the upward trend is likely to continue.
Recent Developments: Pectra Upgrade
On May 7, Ethereum underwent a significant upgrade called Pectra. Although specific details are limited, the upgrade is believed to aim at enhancing the network's scalability, security, or functionality. Historical data indicates that Ethereum's upgrades typically boost investor confidence and drive price increases. For example, the Ethereum merge in 2022 (transitioning from proof-of-work to proof-of-stake) initially triggered price volatility but ultimately solidified its long-term value proposition. The Pectra upgrade seems to have had a similar effect, with ETH's price starting to rise after the upgrade.

In the digital age, data privacy and security have become core issues. Traditional encryption technologies can protect data transmission security, but they require decryption during computation, which can expose privacy. Fully Homomorphic Encryption (FHE), known as the 'holy grail of encryption', allows arbitrary computation without decrypting the data, achieving true end-to-end encryption. As a pioneer in this field, MindNetwork is bringing revolutionary changes to the Web3 and AI ecosystem through FHE technology. This report will delve into how MindNetwork is reshaping the future of AI using FHE technology.

Introduction
This article aims to analyze whether ORDI could replicate Solana's price trajectory and reach new all-time highs (ATH). ORDI is a BRC-20 token based on the Bitcoin Ordinals protocol, primarily used for NFT creation on Bitcoin, while Solana is a high-performance blockchain platform that broadly supports applications such as DeFi, NFTs, and gaming. The analysis is based on the latest market data as of May 14, 2025, historical price trends, and online forecasts.
ORDI's current price is $12.11, which is still far from its ATH of $95.52, currently only 12.68% of ATH.

Background and timeline of the incident
On April 21, 2025, at 8:38 AM (+08), according to the latest reports, an exchange discovered abnormal trading activity in its VOXEL-USDT perpetual contract between 8:00 and 8:30 UTC on April 20, 2025. According to Cointelegraph, the 24-hour trading volume of VOXEL surged to $1.272 billion, surpassing Bitcoin's $465.6 million (data source: ChainCatcher). The price of VOXEL increased by more than 138% in a single day, which is extremely unusual for a relatively low-profile gaming token.
Subsequently, the exchange suspended accounts suspected of participating in market manipulation and announced that they would roll back these accounts within 24 hours, revoking the profits from the related trades. The CEO of the exchange stated in an interview with Cointelegraph that the trades occurred between individual market participants and that the platform itself was not directly involved, assuring that user funds were safe. They also promised to compensate users who suffered losses due to market manipulation, with the compensation plan supported by their $300 million protection fund.

This report aims to analyze in depth how ListaLending innovates the lending market on BNBChain through its unique features, explore its impact on users and the ecosystem, and forecast its future potential.
Detailed Operation of ListaLending
ListaLending is a lending service launched by Lista DAO on April 11, 2025, allowing users to borrow BNB using various assets as collateral. Supported collateral includes:
BTCB (Bitcoin on BNBChain)
solvBTC (Tokenized version of BTC on Solv Protocol)
PT-clisBNB (Transferable Staking Assets)
The maximum loan limit of this service is $52 million, demonstrating the scale of liquidity it provides. A key feature of the service is its real-time competitive interest rates, particularly suited for users looking to optimize capital costs in the short term, such as participating in yield farming or DeFi strategies. Additionally, ListaLending integrates with Binance Launchpool, allowing users to borrow BNB to participate in token sales without selling their collateral. This provides users the opportunity to engage in new project launches while maintaining the integrity of their existing investment strategies.

Background
On April 9, 2025, Trump announced that he would impose a 125% tariff on China, while suspending tariffs on 75 other countries for 90 days, reducing them to 10%. This policy triggered reactions in global markets, especially in the cryptocurrency market.
Short-term Impact on Bitcoin Prices
Price Increase:
After the policy announcement, Bitcoin's price surged to $81,000, an increase of about 8%, reflecting the market's positive reaction to the tariff suspension.
Reason: The tariff suspension has reduced concerns about a global trade war, increasing demand for risk assets like Bitcoin.

I will attempt to analyze the current market conditions, $ETH recent price trends, expert opinions, historical patterns, and upcoming industry events in 2025 from multiple dimensions, discussing this seemingly sad topic with everyone.
Current Market Conditions
According to CoinMarketCap, as of March 28, 2025, the total market capitalization of cryptocurrencies is approximately $2.78 trillion, indicating strong market activity. Trading volume is significant, reflecting good market liquidity. Recent data suggests that the market holds an optimistic outlook for growth in 2025, with some reports predicting continued market expansion driven by institutional investment and retail investor interest.

Current market analysis
The current price is $86,730, which is below the cost price of short-term investors at $93,200. This means that short-term investors may want to sell to break even, leading to upward pressure.
If the price successfully breaks through $93,200 and stays above this level, it may indicate strong buying interest, suggesting a bullish market outlook.
Conversely, if the price continues to stay below $93,200, the market may experience a period of adjustment or consolidation, and short-term investors may further sell.

Price trend prediction
In the short term, $93,200 will be a key resistance level. If the price fails to break through, it may consolidate around this level or decline further. If it breaks through and stabilizes above this level, the market may welcome an upward trend.