Ethereum has risen again, can it reach the peak this time? #Layer2 Key Drivers • Technical upgrades: Layer-2 solutions divert 30% of transaction demand • Stablecoin recovery: Circle minted 100 million USDC in a single day, Tether's cross-chain transfer volume increased • Regulatory progress: The GENIUS Act provides a compliance framework for stablecoins • Institutional participation: Whales increased holdings by 100,000 ETH (approximately $364 million) on August 6 • Risk warning: $4.9 billion in options contracts will expire on August 12, expected to increase volatility
Daily trading volume close to historic high: According to Etherscan data, Ethereum's daily trading volume reached 1.87 million transactions, close to the historic high of 1.96 million transactions set in January 2024. This round of trading volume growth is mainly driven by stablecoins such as USDC and Tether, as well as the activity of the decentralized exchange Uniswap.
Monthly trading volume hits nearly four-year high: According to The Block, Ethereum's on-chain monthly trading volume exceeded $238 billion in July 2025, a month-on-month increase of 70%. This is also the highest monthly trading volume since December 2021, setting a new high in nearly four years. At the same time, in July, the Ethereum network processed 46.67 million transactions, breaking the monthly record, and the number of active addresses on the network reached 17.55 million, the highest level since May 2021.
DappRadar senior analyst and researcher Sara Gherghelas stated that the growth in Ethereum's trading volume is related to several regulatory developments, including the passage of the U.S. stablecoin regulatory framework GENIUS Act and the approval of multiple Ethereum ETFs. These factors have enhanced market confidence and further increased on-chain activity.
$ENA Ethena (ENA) is a synthetic dollar protocol built on Ethereum that provides a crypto-native solution for money, offering a globally accessible dollar-denominated savings instrument known as the "Internet Bond". Its governance token, ENA, allows holders to vote for members of a Risk Committee and participate in ecosystem decision-making.
*Current Price and Market Metrics:*
- *Current Price*: $0.58-$0.59 USD, with a 24-hour trading volume of $946 million-$1.05 billion - *Market Capitalization*: $3.89 billion-$3.9 billion, ranking #31 on CoinMarketCap and CoinGecko - *Circulating Supply*: 6.62 billion ENA tokens, representing 44% of the total supply - *Total Supply*: 15 billion ENA tokens
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Conan Coin: The Future Starts Now! Conan isn’t just a cryptocurrency — it’s a symbol of a strong, fast-growing community! 💥 $SOL Powered by the speed and efficiency of the Solana blockchain, Conan offers both security and performance for its investors. This project is built not just on profit but on loyalty, vision and unity. $BTC 🌍 Thousands of people from around the world are joining the #Conan movement. $ETH 🛠️ With a dedicated team, transparency and long-term sustainability, this project is built to last 🎯 The mission is clear: to become a leading brand in the Web3 world. #Binance The time to act is now. Conan is ready for departure — make sure you’re on board! #BinanceSquareFamily #BelieveInTheFuture #SurpriseComingSoon $BNB
#美国加征关税 The recent increase in tariffs by the United States aims to address trade deficits, protect domestic manufacturing, and tackle issues related to illegal immigration and drug influx. The Trump administration implemented high tariffs through the International Emergency Economic Powers Act (IEEPA), such as 25% on Canada and Mexico, 10%-54% on China, 50% on copper, and 25% on automobiles and parts, with plans for additional tariffs on semiconductors and pharmaceuticals. This move resulted in an increase of the average tariff rate from 2.5% to 18.4% by 2025, the highest in a century, expected to generate $600 billion in revenue but has sparked controversy. Economists warn that tariffs will raise consumer goods prices, increasing costs for American households, with middle-class families potentially losing about $58,000 over their lifetimes and GDP declining by about 8%. Domestic companies are suffering from reduced profits due to rising import costs, with industries like automobiles being hit particularly hard. Retaliatory tariffs could lead to a trade war, damaging global trade. Critics argue that tariffs have not effectively narrowed the trade deficit and may disrupt supply chains, weakening the competitiveness of the U.S. economy. Despite Trump claiming that tariffs can stimulate job growth and manufacturing, historical data indicates limited effectiveness, with more significant negative impacts on consumers and businesses.
Project Crypto: The Systemic Revolution and New Market Order of the U.S. Reshaping Global Crypto Leadership
#加密项目 In trade, the U.S. is moving towards de-globalization, adopting trade protectionism; whereas in finance, the U.S. is accelerating globalization again with aggressive liberalism. The essence of this phenomenon is that the U.S. hopes to use the internal and external discrepancies of trade and financial markets to crush the existing international rule system, and make the international community passively accept a 'America First' new order. If successful, this process will yield substantial rule-making dividends for the U.S.! The announcement of the SEC launching 'Project Crypto' is precisely a product of this logic. The U.S. promoting the 'on-chain' integration of financial markets signifies a shift in its regulatory logic toward crypto assets from passive response to active guidance. It will siphon liquidity from small and medium economies globally and attempt to trap 'Central and Eastern Europe' in a 'passive follow-up spiral' in finance and trade!
1. Bitcoin's recent performance has been particularly extreme, facing significant pressure at the start of August. At this stage, it is not recommended to engage in bottom-fishing operations as the cost of trial and error is relatively high. In the short term, attention can be paid to the temporary resistance at the 116,000 level above. 2. Ethereum's performance has been sluggish, nearly 'collapsing'; currently, it is advisable to short rather than go long. However, pay attention to opportunities in the 3100-3200 range, where bottom-fishing can be considered. 3. The three major U.S. stock indexes saw a sharp decline yesterday, with Amazon's market value evaporating by over $200 billion in a single day. 4. Trump publicly accused the employment data of being falsified, calling for the replacement of the Labor Statistics Bureau director and the Federal Reserve Chair, initially claiming that he would 'immediately replace Powell', before later stating that it is highly likely he will remain in position. 5. Bo Hines, Executive Director of Trump's Digital Asset Advisory Committee, revealed that Trump will 'launch' a Bitcoin reserve plan 'as soon as possible'. 6. Grayscale announced an adjustment to the dividend distribution cycle for BTCC and BPI, changing it to a distribution every two weeks.
Chainbase is a full-chain data infrastructure focused on the Web3 field, centered around "making blockchain data efficient and accessible." It integrates data from major global public chains and Layer 2 networks to build a unified data layer. Its core capabilities lie in multi-chain data aggregation and structured processing, providing standardized APIs, SDKs, and query engines that cover all-dimensional data like accounts, transactions, contracts, and blocks, supporting real-time access and complex analysis, significantly lowering the threshold for developers to call on-chain data. At the same time, leveraging innovative technology architecture, it achieves efficient data synchronization and secure storage, adapting to diverse scenarios such as DApp development, on-chain analysis, and financial compliance, serving as a key data bridge connecting the underlying blockchain with upper-layer applications, thus driving the development efficiency and application implementation of the Web3 ecosystem #Chainbase @Chainbase Official
Hello friends, I wish you all a great week ahead 🌟
#solv Protocol, for which I am the country representative, made an announcement yesterday 📢 $SOLV
You can now purchase Solv ecosystem assets with more than 50 fiat currencies! Easily with Visa, Mastercard, Apple Pay, and more — powered by AlchemyPay, the world’s leading fiat-crypto payment gateway 💳🌐
→ SOLV (on BNBChain) → SolvBTC → xSolvBTC
Thanks to AlchemyPay, users in over 173 countries can now directly purchase Solv assets through 50+ fiat currencies and 300+ payment channels: ✅ Visa / Mastercard ✅ Apple Pay / Google Pay ✅ Local bank transfers ✅ Mobile wallets
This provides ease of use for users and is also a great development to reach new users 🚀
⚠️ Important Notes:
🔸 This is not a paid advertisement; it is purely for informational purposes 📢 📉 The cryptocurrency market is highly volatile 🧐 This post is not investment advice; it is only for informational purposes 🔎 Don’t forget to do your own research and only invest what you can afford to lose!
Treehouse: Innovator in Building DeFi Fixed Income Layer
Project Overview Treehouse is a decentralized fixed income protocol aimed at creating a 'decentralized fixed income layer' through tAssets (on-chain yield certificates) and decentralized quoted interest rates (DOR), unifying the on-chain interest rate market and providing standardized benchmark interest rates and fixed income product infrastructure for DeFi. Core Advantage Analysis 1. Filling Market Gaps: Building on-chain interest rate benchmarks DOR Mechanism: Through multiple Panelists submitting interest rate suggestions, combined with Delegator staking votes, an on-chain benchmark interest rate is formed (e.g., TESR, Treehouse Ethereum Staking Rate), solving the fragmentation of DeFi interest rates.