2024.7.3

1) Market trend:

The market rebound is weak, and the Sol system is strong. The US and German governments continue to ship BTC.

The US stock market rose, and the Fed's Powell made a dovish speech.

2) Market hot spots:

1. The public chain Sol rose, and the ecological Ray, Mobile, Popcat, Billy and other ecosystems rose sharply. Sol launched the Blinks module, and there are ETF expectations in the future. Sol's monthly revenue reached a record high of US$100 million, and the annualized revenue was US$1 billion.

2. The public chain TON rose, and the ecological mini-games were popular. TON's short-selling fee rate was -40%.

3. DeFi's Pendle plummeted and broke through the weekly line, and the re-pledge business gradually expired, and TVL was cut in half at a high level. The re-pledged Eigenlayer plans to be listed in Q3.