In a recent announcement, the 1inch Network revealed that 1inch Labs has integrated the Web3 RPC API into the 1inch Developer Portal. This move is seen as a further expansion of the innovative tools available to Web3 developers.

However, the market's reaction to this development has been less than enthusiastic. Despite the continuous efforts of blockchain companies like 1inch to innovate and expand their offerings, the overall sentiment in the industry remains pessimistic.

The integration of Web3 RPC API is indeed a significant step forward for developers, but it is yet to be seen whether it will be enough to shift the current market sentiment. The global regulatory landscape for blockchain and cryptocurrencies remains uncertain, and this continues to cast a shadow over the industry's future.

In conclusion, while the 1inch Network's latest move is commendable, it is clear that the blockchain industry still has a long way to go in overcoming the numerous challenges it faces.