Solona · 28

Treasury size and ETF process are both lagging behind: Why did SOL go from being a “frontrunner” to following ETH?

Author: kkk Original title: From leading to following: Why SOL can't beat ETH's offensive On August 13, ETH surpassed 4,700 US dollars and hit a new high in 4 years, while SOL during the same period seemed unable to do so and remained around $200. In 2024, Pump.fun spurred a meme frenzy across the Solana chain. At the beginning of the year, Trump even launched $TRUMP on it, and the price of SOL rushed to around $300, which once made the call for “Solana to replace ETH” raging. However, the actual trend gave the market a calm answer. Although ETH and SOL simultaneously promoted treasury strategies in an attempt to accumulate “bullets” for the ecosystem, the performance of the two was clearly divided — the SOL/ETH exchange rate fell from 0.09 at the beginning of the year to 0.042, and the pattern of weakness continued throughout the year. The reason behind it is probably not only price fluctuations, but also a comprehensive reflection of differences in narrative popularity, ecological structure, and financial expectations. Treasury Strategy: The double gap between leaders and capital size On June 30, Wall Street's “contrarian bully” Tom Lee airdropped BitMine Chairman. On the same day, ETH was still hovering at $2,500. After just a month and a half, ETH went straight to $4700, up 88%. Lee has appeared on first-line financial programs such as CNBC and Bloomberg for many years. As early as 2022, when US stocks plummeted, he reversed market pessimism with accurate “bottom-up” remarks. Today, the market opinion leader with its own traffic is the best spokesperson for the ETH treasury. Meanwhile, ARK Invest, a subsidiary of “Sister Mu”, also invested $182 million to buy BMNR shares, adding another boost to the confidence of the ETH camp. Furthermore, although both ETH and SOL have their own groups of treasury strategy companies, they are far different in size. In terms of position size, BTC and ETH treasury strategy companies dominated the top ten. BitMine Immersion (BMNR), the leader of “ETH MicroStrategy”, recently plans to increase the funding scale by $20 billion to increase ETH. It currently has a NAV (net asset value) of 5.3 billion US dollars, second only to MSTR. This level of capital means it has more “bullets” and a stronger ability to shape the market during market shocks. Currently, the “SOL MicroStrategy” leader's NAV is only 365 million US dollars, ranking 11th, which is more than 10 times different from BMNR. Lacking a globally influential public speaker like Tom Lee, and without the same amount of capital firepower, SOL naturally seems unable to cope in this round of markets, but recent new moves on Solona's side are gradually making up for this shortcoming. On August 12, “SOL MicroStrategy” Upexi formed a new advisory board and appointed Arthur Hayes as the first member. Hayes is the co-founder of BitMEX and the pioneer of perpetual contracts. He worked as a trader at Deutsche Bank and Citigroup, and now heads Maelstrom, a digital asset investment fund. He has both a background in traditional finance and is familiar with the structure of the crypto market, and can provide practical guidance on institutional financing and digital asset strategies. Upexi's strategic goal is clear: to use Solona's scalability and efficiency to further expand its presence in SOL. According to public documents, the company currently holds more than 1.8 million SOL (market value of about US$365 million) and pledges part of its positions to obtain 7% to 9% profit, which not only guarantees long-term holdings, but also creates stable cash flow. Notably, the company will acquire the locked SOL at a discounted price, thereby generating benefits for shareholders. Upexi will recruit more members to join the advisory committee in the future to provide the company with expertise in the field of cryptocurrency and finance. At the same time, other listed companies are also increasing their SOL holdings. For example, DFDV has further expanded its SOL holdings, which currently total more than 1 million units; BTCM revealed a new purchase of about 27,190 SOL and plans to convert some of its crypto assets to Solana. This institutional demand is expected to reduce the number of chips in circulation in the secondary market, thereby forming support at the supply and demand levels. E...

372d agoburnking#SOL #Ethereum

How LetsBonk Strikes Back and Become the New Overlord on the Solana Chain

Author: kkk Original title: Total suppression of Pump.fun, what has LetsBonk done recently? On July 7, Solana's on-chain Launchpad's “Battle of 100 Teams” finally ushered in a phased victory or loss. According to on-chain data, LetsBonk.fun completely surpassed Pump.fun in the three core indicators of market share, transaction volume, and number of tokens launched. Currently, the market share is as high as 55.22%, while Pump.fun, which once dominated the list for a long time, has fallen back to 34.86%. Meanwhile, according to DeFilLama data, LetsBonk.fun's revenue in the past 24 hours reached 1.04 million US dollars, surpassing many well-known agreements such as Pump.fun and Sky, and jumped to 16th place in the entire network. In just one week, the on-chain landscape has drastically changed — where did LetsBonk.fun actually win? Where did LetsBonk.fun win? LetsBonk.fun's corner overtaking was no accident. From the mechanism design to the founder's style, it presents a completely different story from Pump.fun — not harvesting, but co-building. First, in terms of mechanics, LetsBonk.fun and Pump.fun are fundamentally different. Pump is playing with “high transaction fees”, which cashes out all of SOL's profits and turns the platform into an arena for short-term players. LetsBonk, on the other hand, clearly has a longer-term mentality — 50% of the platform fee is used to buy back and destroy $BONK, and another 8% goes into strategic reserves and reward mechanisms, establishing a more stable closed loop of token value. This makes users not only participants, but also co-builders of the platform's interests. Second, founder Tom's “High Intensity Online” has also become a label enjoyed by the community. Since the beginning of June, he has continued to post updates, respond to player feedback, fix bugs, and promote features, and has never been absent. On June 4, he publicly announced that the Bonk ecosystem will enjoy multiple benefits, including hosting a hackathon and repurchasing targets such as $HOSICO, which will drive the Bonk community to complete the first wave of sentiment reversal. More particularly, Tom attaches great importance to the Chinese community — not only does he frequently use Chinese characters such as “nihao” in his tweets, but he also carefully studies Chinese culture and actively participates in the Chinese-speaking community. It's not so much about running it as it is about “integrating.” The most moving point is that Bonk Ecology uses its own funds to express true belief in ecology. Bonkguy used a public address to spend millions of dollars to buy targets such as $, $IKUN, etc., and chose to hold it firmly during the low period when the ecological token fell sharply by more than 80%. Today, it still continues to hold profits of millions of dollars rather than cash out, showing a long-term attitude. This is rare in the Solona ecosystem, where PVP is becoming more intense. This behavior boosted community confidence far more than any official announcement. Related reading: “From Silence to Breaking Circles, What Are the Top Targets on LetsBonk.Fun?” Where is Pump.fun going? Over the past week, BONK's market capitalization soared from $1 billion to $1.6 billion, a sharp rise. Meanwhile, Pump.fun is preparing to launch the platform token $PUMP at a valuation of $4 billion. Seemingly, this valuation is not out of the blue — after all, Pump can contribute nearly $500 million in contract revenue each year, and has about $1 billion in cash reserves on its books, plus some of the tokens may be used for community incentives or airdrops, which makes logical sense. But the problem is that this “rational model” is being shaken by LetsBonk.fun's strong counterattack. When a platform with a market value of only one-third of yours completely surpasses in terms of active users, number of coins issued, and contract revenue, the market will naturally ask: is the valuation of 4 billion dollars actually paying for the future or for the past? More and more users in the community chose to “vote with their feet” and sided with Bonk. PUMP hasn't issued coins yet, and the valuation was first dragged to the edge of the cliff by the opponent. LetsBonk.fun used “human touch” and real money to win the market's choice, but this Meme Launchpad competition is far from over. Who can go further, ultimately depends on who can stay after the popularity...

411d agoburnking#LetsBonk #pump #Solana

After rising 400 times in 24 hours, why did GOR coins on the Solana chain suddenly explode?

Source: BlockBeats Author: BUBBLE, kkk, Ryo Original title: Skyrocketing 400 times in 24 hours, what concept is Gorbagana hyping up? Recently, the “Gor” token on the Solona chain rose 400 times in 24 hours, and its market capitalization once surpassed 40 million US dollars. The whole incident actually began when MetaEx founder @lex_node was concerned about Solana's decentralization, and the topic sparked a response with Solana co-founder Tory on social media X, and exchanges between the two sides on X gradually revealed the idea behind the token. Gabriel Shapiro, who is also Gabriel Shapiro's “lex_node” was a lawyer in the Silicon Valley office of a Wall Street law firm before becoming general counsel for Delphi Labs, specializing in helping tech companies such as Paypal and Facebook carry out buyer acquisitions. It was also a coincidence that the turning point of joining cryptocurrency was also very coincidental. During a dinner date on Valentine's Day, he received a call from a Facebook shareholder to help him go back to the office Mark Zuckerberg completes the acquisition of WhatsApp. Mark allegedly bumped into the WhatsApp team at the restaurant and convinced them to sell the company. The deal was completed within 5 days, and Gabriel Shapiro, the attorney responsible for the acquisition, thoroughly studied its end-to-end encryption technology in the process of studying WhatsApp and used this as an opportunity to gain a deeper understanding of the cryptocurrency industry. He came into contact with Ethereum in 2015 and attended an Ethereum conference. The speaker at the conference happened to be Nick Szabo, who was once considered “Satoshi Nakamoto himself,” and he was on stage writing about The DAO, which made him, who also works in the legal profession, deeply fascinated him. He believes in a DAO-like economic system that operates automatically through procedures and rules. He built MetaEx for the “New Cybernetic Economy DAO” theory, which links DAOs to the real world through a unique set of on-chain agreements and off-chain legal arrangements to create a cybernetic organization that is flexible, efficient, legal, and responsible for its DAO through a unique set of on-chain agreements and off-chain legal arrangements. Ethereum Classic = Solana, Ethereum = Gorbagana? And yesterday, Gabriel Shapiro had a heated debate over “chain legitimacy and trademark control.” Gabriel Shapiro reviewed the fork of Ethereum after THE DAO incident in 2016, pointing out that back then, the Ethereum Foundation relied on controlling the “Ethereum” and “ETH” trademarks to successfully shape the new chain after the hard fork into an orthodox version and devalue the original chain to Ethereum Classic. In his opinion, this fact shows that so-called “decentralization” is actually subject to Web2-style legal powers at critical times. He further warned that today the Ethereum Foundation's effective control over the “ETH” trademark may have been lost, as brands such as MegaETH and ETHDenver have long been widely used without authorization. He believes “if a company owns a trademark but doesn't have a credible neutral rule that determines how it's used, then the project isn't truly decentralized/autonomous.” In his opinion, this fact shows that so-called “decentralization” is actually subject to Web2-style legal powers at critical times. Solona's founder, Tory, responded, “No matter where you are, as long as everyone uses the same ledger, the brand name doesn't matter.” It was also proposed to imagine that if Solana were to fork one day, one would keep the original names Solana and $SOL tokens, and the other chain would call itself “Gorbagana” and the logo would be Oscar the grouch.png. This naming method is easily reminiscent of the homonym of garbage, making the story more ironic...

428d agoWendy#Gabriel Shapiro #Gorbagana #Solana

Data: The meme project CALF reached a maximum market capitalization of $1 million after opening

Comparing news, CALF, the animal meme coin launched by Solona Network meme coin launch platform Letsbonk.Fun, has a market value of up to 1 million US dollars. Currently, the market value is 160,000 US dollars. The currency price is tentatively estimated at 0.00016 US dollars, and there are nearly 1,700 holding addresses. According to reports, the background story of CALF is that on May 11, a baby elephant in Malaysia was hit and killed by a car. A female elephant desperately tried to rescue the baby elephant trapped in the bottom of a truck and refused to leave for 8 hours. After the baby died, the local government used a forklift to transport the dead infant. The incident sparked a buzz and continued to ferment on major internet sites around the world. People think this is a sad fact, and for the sake of all wild animals, people must act.

466d ago

We are still cautious about defensive investment trends in the GameFi market in recent years #246

Looking back over 23 years to date, GameFi-related projects that have received high amounts of financing and outstanding performance (currently GambleFi is also classified in the GameFi field), the high amount of funding is mainly focused on infrastructure construction of game platforms and GameFi tracks such as Game Layer 3, and the most prominent ones are the Pump.Fun Casino, which has enabled countless people to follow from the beginning of the year to the present, and the popular NOT and Telegram mini-game ecosystems. This article will take a detailed look at the defensive investment logic behind this investment phenomenon and our attitude towards this investment logic. 1. GameFi Market Financing Overview Source: InvestGame Weekly News Digest #35：Web3 Gaming Investments in 2020-2024 takes a look at the investment volume and number of projects in the GameFi sector in each quarter from 2020 to 2024. Even though Bitcoin has broken through the previous high of 21 this year, the data for the past year is relatively weak and conservative in terms of both overall volume and quantity. Compared to the same high in Q4 of '21, the total number of investment projects reached 83, with a total amount of $1,591M, with an average investment amount of $19.2M per project. This year, it broke through the previous high in Q1. The total number of projects was 48, with a cumulative investment amount of $221M, and the average investment amount for each project was $4.6M, down 76% from the previous year. In terms of volume, overall investment behavior showed a conservative defensive attitude. 2. Breaking down the three market phenomena of the past year, the logic, transformation, and doubt 2.1 Phenomenon 1: Game platforms evolved from pure platforms to new channels “Game Infra removes strong viability and a long life cycle, and gradually evolves into a channel to attract new users, which is also the reason why they are so popular with VC.” Of the 34 GameFi-related projects that received more than $10m between 2023.6-2024.8, 9 were game platforms, 4 were game L3, from BSC to Solona, from Base to Polygon, and even Layer 2 and Layer 3, large and small. Even with the total amount of financing dropped drastically, 38% of high-value investment projects focused on survival projects with strong viability and a long life cycle, such as the game Infra. The platform is a narrative that cannot be falsified by the trend, and it is also a defensive investment option to stay in the market with low risk. Source: PANTERA In addition to this, when it comes to the leading game ecosystem, there is more than one fund for the top gaming ecosystem, famous brands like Pantera - Ton's ecological token, and Ronin is also the second-level first choice for many VCs. The reason why the TON ecosystem and Ronin are so popular with VCs may be due to the gradual evolution of the role of platforms. The nearly 1 billion users carried on Telegram, attracted new users to Web3 by games such as Not, Catizen, and Hamster (30M users, 20M Catizen users, 1M paid users, 0.3B hamster users), or additional user groups where ecological traffic on Ton flows to exchanges after listing has brought new blood to the entire crypto world. Since March of this year, Ton has announced more than 100 million US dollars in ecological incentives and multi-season league prize pools, but in the later stages of on-chain data, $TON's TVL does not seem to have increased significantly with the explosion of mini games. More users are mainly directly converted to the exchange through pre-recharge activities on exchanges. On Telegram, the minimum cost of CPC (Cost-Per-Click Cost) is only $0.015, while the average customer acquisition cost for a new account on the exchange is $5-10, and the customer acquisition cost for each paying user even exceeds $200, with an average of $350. Both customer acquisition costs and conversion costs on Ton are far lower than the exchange itself. This also confirms why today's exchanges are scrambling to list all kinds of TON mini game tokens and memecoins. However, Ronin's own established user base has many more opportunities for individual games to find users on their own. This can also be seen from the successive migration of high-quality games such as Lumiterra and Tatsumeeko to the Ronin chain. The ability to increase users and attract new users that gaming platforms can bring seems to have become a new favorite...

661d agoIOSG#Gamefi #IOSG

IOSG Weekly Brief｜2049 Cold Thoughts: The industry is calling for real users and new capital, Ethereum can't just talk about feelings and ideals #243

This article is for learning and communication purposes only and does not constitute any investment advice. Please indicate the source for reprinting and contact the IOSG team for authorization and reprinting instructions. None of the projects mentioned in the article are recommendations or investment suggestions. This Token2049 exhibition is beginning to grow in scale. The number of people has doubled from last year, surpassing 20,000 people. Even Grab's drivers lamented that the number of people attending the crypto event this week seemed to outnumber visitors to F1. Overseas visitors and speakers accounted for more than half of the many events. There is no doubt that this exhibition will be the most successful and profitable in Token 2049 history. 1. US VC and “Tenno” projects revealed that there were no funds in the industry where real users made great strides in the first half of this year (some obtained three valuations in the same financing round), and funds and large investors that frantically bought OTC/second-level transactions at the beginning of the year began to slow down. The volatile and rebellious nature of the crypto industry is awe-inspiring. The financing market is getting worse, or even very poor. Most of the active investment deals only take place in undervalued and new directions. Fund investor LPs are influencing the VC market. The VC market has stricter requirements and selection of early-stage projects and entrepreneurs. The problem of financing difficulties for entrepreneurs is becoming more prominent, and listing requirements for exchanges such as Binance are also further increasing. The TGE project, which is valued at around 100m and has not yet been completed, abandoned plans to go to Binance because it was too difficult. The infra, which is valued at 300m to 500m, is still undergoing difficult financing (basically, it can be said that investors are unstoppable). And for those projects that have already completed TGE, FDV dropped an average of 80% compared to the last round of VC valuations if the initial launch strategy was poor. Liquidity projects on Binance are still looking forward to a reversal in the bull market, while projects that are not on Binance have already begun planning new projects or the next phase of work. 2. The industry calls for real users and new capital, and innovation support is in jeopardy. In this industry, everyone is busy. Some use false data and revenue to deceive exchanges and investors, while others continue to have academic discussions in the technology community but forget that good infrastructure is to obtain applications and users. The exchange has become the biggest winner because it has a good revenue model, providing the best working environment and income level in the short term, but it makes it more difficult for startups to obtain outstanding talents. This is a bit like the boom of the 2049 conference. Under the Shengshi boom, few people were discussing how to get real users and revenue, and a stable and sustainable business model. Altcoins are likely to perform worse than expected, forcing industry participants to re-examine innovation and real-world use cases. The interests of VCs, exchanges, project parties, and retail investors are not consistent, and all participants are harmed by the market. The four parties have no trust or cooperation with each other at all. Without reform, they will only reach a dead end, unable to let new money and talents/users come in. Even if Bitcoin succeeds, the entire Web3 industry will still fail. Here, I am advocating adjustments to the utility of tokens and unlocking terms. The investment lockdown period for traditional IPOs only requires 6 months to 1 year. For investments in ultra-early crypto seed companies, the overall liquidity lock is actually 3 to 4 years. Most project tokens don't have any utility. In the first half of the exchange's launch, market makers are willing to market and adjust prices, but after that, no one cares about the price, and no one is responsible for retail investors who buy in the VC and secondary markets. After countless damage and loss of money, it will greatly damage more people's support and confidence in innovation. If everyone is fooling themselves and expecting a big rebound in the bull market, but don't think about what kind of application scenarios let real users enter, then they will fall into a situation where they sit back and forth. People who enjoyed the early dividends of the industry don't understand human suffering. America's largest 16-letter fund formed its own. The 10-year ten-dollar fund allows them to survive well without cooperating with any institutions/market forces, and most successful founders don't care about young entrepreneurs like they were 5 or 10 years ago. However, the industry is at a difficult stage, and we need these successful forces to point the direction and bring faith, so that more people can persevere and see the dawn of the next bull market. This time, I learned with the person responsible for listing at a leading exchange that their biggest internal principle and consensus is to seek long-term entrepreneurship...

691d agoIOSG#IOSG

IOSG Founder Talks Singapore 2049: Industry Confidence and Innovation at Risk Amid False Prosperity

Author | Jocy @IOSGVC本文为作者个人观点, that doesn't mean Wu is opinionated. The scale of this Token2049 exhibition is beginning to grow. The number of people has doubled from last year, surpassing 20,000. Even Grab's drivers lamented that the number of people attending the crypto event this week seemed to outnumber visitors to F1. Overseas visitors and speakers accounted for more than half of the many events. There is no doubt that this exhibition will be the most successful and profitable in Token 2049 history. US VC and “Tenno” projects revealed that there were no funds in the industry where real users made great strides in the first half of this year (some obtained three valuations in the same financing round), and funds and large investors that frantically bought OTC/ Level 2 transactions at the beginning of the year all began to slow down. The crypto industry's volatile and rebellious nature is awe-inspiring. The financing market is getting worse, or even very poor. Most of the active investment deals only take place in undervalued and new directions. Fund investor LPs are influencing the VC market. The VC market has stricter requirements and selection of early-stage projects and entrepreneurs. The problem of financing difficulties for entrepreneurs is becoming more prominent. At the same time, listing requirements for exchanges such as Binance are also further increasing. The TGE project, which is valued at around 100m and has not yet been completed, abandoned plans to go to Binance because it was too difficult. The infra, which is valued at 300m to 500m, is still undergoing difficult financing (basically, it can be said that investors are unstoppable). And for those projects that have already completed TGE, FDV dropped an average of 80% compared to the last round of VC valuations if the initial launch strategy was poor. Liquidity projects on Binance are still looking forward to a reversal in the bull market, while projects that are not on Binance have already begun planning new projects or the next phase of work. The industry calls for real users and new capital, and innovation support is in jeopardy. In this industry, everyone is busy. Some use false data and revenue to deceive exchanges and investors, while others continue to have academic discussions in the technology community but forget that good infrastructure is to obtain applications and users. The exchange has become the biggest winner because it has a good revenue model, providing the best working environment and income level in the short term, but it makes it more difficult for startups to obtain outstanding talents. This is a bit like the boom of the 2049 conference, where few people are discussing how to get real users and revenue, and a stable and sustainable business model under the Shengshi boom. Altcoins are likely to perform worse than expected, forcing industry participants to re-examine innovation and real-world use cases. The interests of VCs, exchanges, project parties, and retail investors are not consistent, and all participants are harmed by the market. The four parties have no trust or cooperation with each other at all. Without reform, they will only reach a dead end, unable to let new money and talents/users come in. Even if Bitcoin succeeds, the entire Web3 industry will still fail. Here, I am advocating adjustments to the utility of tokens and unlocking terms. The investment lockdown period for traditional IPOs only requires 6 months to 1 year. For investments in ultra-early crypto seed companies, the overall liquidity lock is actually 3 to 4 years. Most of the project tokens did not have any utility. In the first half of the exchange's launch, market makers were willing to set the market and adjust prices, but after that, no one cared for the price, and no one was responsible for retail investors who bought in the VC and secondary markets. After countless damage and loss of money, it would greatly damage more people's support and confidence in innovation. If everyone is fooling themselves and expecting a big rebound in the bull market, but don't think about what kind of application scenarios let real users enter, then they will fall into a situation where they sit back and forth. People who enjoyed the early dividends of the industry don't understand human suffering. America's largest 16-letter fund formed its own. The 10-year ten-dollar fund allows them to survive well without cooperating with any institutional/market force, and most successful founders don't care about young entrepreneurs like they were 5 or 10 years ago. However, the industry is at a difficult stage, and we need these successful forces to point the direction and bring faith, so that more people can persevere and see the dawn of the next bull market. This time, I learned with the person responsible for listing at a leading exchange that their biggest internal principle and consensus is to seek long-term entrepreneurship...

697d agody zhang#TOKEN2049 #WEB3 #Ethereum #Wu says blockchain is real #Binance

A thousand times increase in 1 day! Someone earns $6 million a day, and Goku, who explodes Steam, drives related MEME coins crazy

Author: Arain, ChainCatcher Editor: Marco, ChainCatcher The Chinese 3A game “Black Myth: Wukong” (Black Myth: Wukong) was officially released at 10:00 Beijing time on August 20. The number of online users exceeded 1 million during the first hour of launch, causing the Steam server to crash for a while. The game's data 1 hour after its release has surpassed popular blockbusters such as “Cyberpunk 2077,” “Eildon's Ring,” and “Baldur's Gate.” As of press time, the number of online users peaked at over 2 million, topping the Steam online list, making it the third-highest game in the history of all Steam games online, while “CS 2” and “Dota 2” ranked first in history. The gaming industry is hot, and the capital market is also moved by the news, and they are starting to hype up related concepts. A-share related concepts took turns. Wind data showed that as of the close of trading on August 20, Qitian Technology (300061. SZ) stock price rose and stopped, and the stock price increase reached 20%; CITIC Publishing (3007 8. SZ) stock price rose and stopped, closing at 29.86 yuan/share, an increase of 20%; Huayi Brothers (300027. (SZ) shares surged 19% to close at 2.94 yuan/share. The cryptocurrency that is driving the popularity of this game has seen an even more astonishing increase. According to gmgn.ai data, $WuKong, the meme coin issued on Solana, rose more than 99999% in 24 hours on the same day, and some users earned 350,000 US dollars in 5 hours. Meanwhile, multiple $WuKong meme coin trading pools of the same name have appeared on Solana, with mixed ups and downs. In addition, $WuKong's MEME coin of the same name also appeared on ETH and BNB, both showing varying increases. The most beautiful kid that night swept through the X Crypto Circle The X Crypto Chinese-speaking community on the evening of August 20 belongs to “Black Myths: Goku.” Nothing else, just because all major Chinese-language crypto KOLs, exchanges, and media are raving about “Black Myths: Goku”: as long as you retweet, follow, and comment, you are likely to qualify for the “Black Myth: Goku” game. And this is exactly what many users in the Chinese-speaking cryptocurrency community need. Many users who participated in the lottery said they had wanted to play for a long time, and “Black Myths: Goku” successfully became the C-digit traffic password for the night. According to incomplete statistics, “Black Myths: Goku”, which was used for circulation that night, was mainly a 328 yuan deluxe edition — there were 4 versions of the game, namely the digital standard edition that cost 268 yuan, the 328 yuan digital deluxe edition, the 820 yuan physical deluxe edition, and the 1998 yuan physical collector's edition. Among them, the physical collector's edition has already been hyped to a high price of more than 6,000 yuan on some second-hand transfer platforms. However, the harshest “ruthless person” in this wave of marketing was Sun Yuchen, the founder of Wave Field. He directly posted his poster with a series of activation codes. It was simple and crude, and users were able to receive them themselves, without any conditions, and were generous and generous. This also directly made the atmosphere of game users in the cryptocurrency industry excited. The market is booming, and major chains are busy issuing MEME coins related to Goku. “Stocks have all gone up and down.” “The concept stocks involved are all rising.” “Is there a Black Goku meme? I feel like there's a wave in the market.” “It's already Rafi (same as “flying”, industry nonsense, meaning it's rising very much).” In a chain game community, community members were excited to discuss “Black Myths: Goku” and its surroundings. Currently, several $ WuKong meme coins of the same name have appeared on the four public chains of ETH, BSC, Solona, and Base. According to Geckotermina data, $ WuKong's main battleground is currently still on Solana's Raydium, which has the largest 24-hour trading volume. The best performer was Uniswap V2 on the Base Chain. As of press time, $WuKong's 24-hour increase reached 31,077%. This is probably because Uniswap V2's $Wukong is newer than Solana's Raydium's $Wukong, which is also less liquid — more than 1,100 people have participated in this “game” so far. According to gmgn.ai data, Solana's Raydium has the most...

731d agoWendy#BASE #ChainCatcher #MEME #Solana #WEB3 #WuKong #Sun Yuchen #gaming

Acala launches Sinai upgrade proposal to improve sustainable mobility

Comparatively, Boca's ecological DeFi platform Acala launched a Sinai upgrade proposal. The relevant upgrades include three tracks, namely: liquidity, infrastructure, and aSEED, to improve sustainable liquidity. Liquidity aspects include one-click multi-chain cross-stack DeFi, Ethereum, Solona and L2 chain liquidity integration, and LstFi ecosystem expansion; infrastructure includes open governance, cross-chain security Sentinel, and performance upgrades (asynchronous support) to achieve more than 4 times the throughput; and promoting the completion of the Acala aSeed Vault transformation.

880d agoLuxurytracy#Acala #Sinai

Solana's Golden Age: A New Story, A New Beginning

SOL broke the $200 mark again, leaving only a 30% increase from its all-time high. Author: Azuma After 27 months, Solona (SOL) once again broke the $200 mark. The OKX market shows that SOL once rose to $205 this morning, leaving less than 30% of an increase of less than 30% from the new all-time peak of $259.69. From a market capitalization perspective, SOL has surpassed BNB ($85.6 billion) with a market capitalization of 88.1 billion US dollars and is temporarily in fourth place in the cryptocurrency market capitalization ranking. Calls within the community to continue “flip USDT” and “flip ETH” are getting louder and louder. This script is no stranger. In a round of bull markets, Solana also had the aura of an “Ethereum killer,” boosted by an explosion and once ranked in the top three cryptocurrency market capitalization rankings. However, the story is different. If Solana relied more on the power of supercapital to “conquer people” in the last round of the bull market, then this time, Solana relied more on the flourishing of the ecosystem to achieve more vibrant growth — judging from the state of ecological fundamentals, Solana is now in the “golden age” of its own development. On March 15, due to a wave of memes such as BOME, 9,943 SPL tokens were added to the Solana network, which set a record for single-day growth. On March 16, as fomo sentiment continued to spread, the number of active addresses on the Solana network rose to 178,9898, the highest since September 2021. On the same day, Solana's total DEX transactions across the network reached a record high of $38.08 billion, which surpassed the total DEX transactions of Ethereum and all of its Layer 2 DEX transactions on the same day. Judging from market sentiment, the term Solana has reached 100 search popularity in Google Trends, surpassing the previous high in early September 2021 (84), and setting the highest value for the term Solana search trend in 5 years. In terms of infrastructure, the new client Firedancer developed by Jump Crypto has already been deployed to the test network and will soon be put into the main network. This is expected to significantly improve the degree of decentralization and operational stability of the Solana network. In terms of ecological creativity, Solana has nurtured creative products in various fields such as LSD, DeFi, and GameFi — Jito has achieved a balance between MEV revenue and native staking income; Jupiter's design in terms of aggregation, DCA, and DLMM has made it almost the best trading product on the market; Parallel has also chosen Solana as a new location to deploy its new AI work Parallel Colony... It's worth mentioning DePin, unlike Ethereum (Vitalik), is still discussing whether DePin is just “old wine in a new bottle”. The Solana ecosystem has already seen breakout projects such as Helium Mobile, and another emerging DePin io.net has received a huge amount of $30 million in financing. For regular users, the most appealing part of Solana is the strong wealth effect it has already shown. Over the past few days, Solana ecosystem meme tokens such as BOME have created countless stories of getting rich, attracting a large influx of new users with simple, crude, yet fair launch-style gameplay like “I, Qin Shi Huang.” BOME itself also achieved the “three-day launch on Binance” achievement, becoming another iconic meme token in the Solana ecosystem after BONK and WIF. Earlier, the generous airdrop of several projects in the Solana ecosystem had also been “envied by others.” Unlike airdrops in ecosystems such as Ethereum and Layer 2, Solana ecosystem airdrops such as JTO, JUP, and PYTH focus on a “big deal” and “no volume”, so users don't need to invest too much time...

886d agody zhang#BOME #SOL #Solana #USDT #Ethereum #Binance Coin #Platform coins