The market fluctuates upward. The main line revolves around the sol chain and base chain that American funds like, and hundreds of times golden dogs appear frequently on the chain. US PCE inflation data was in line with expectations.
The public chain sol has surged, and ecological wif, bome, jup, ray, jto, etc. have followed suit. The total market value of JTO, JUP, etc. of the sol chain ecology has completely surpassed that of the Eth chain leaders in the same track, ldo, uni, etc. There are many cat meme imitations on the sol chain, such as mew, sc, pc, etc., which have increased dozens of times in a week, and the zoo market has reappeared.
Degen, mfer, dino, etc. of the base chain have surged. The number of base addresses is 5.5 million, and the transaction volume has reached a new high.
The core of the public chain increased 5 times in a week. OK, the market shorted the stand-alone currency, and the short selling rate was -0.1%.
defi's lqty and pendle increased. Stablecoin protocol lqty is a concept that is hyped up on ethna. pendle plans to develop on the sol chain.
If the stable protocol ena will be listed on BN, the new revenue from BN will be estimated to have a market value of US$6 billion. The scale of the stablecoin usde has rapidly grown to 1.5 billion US dollars (accounting for 15% of all eth contracts in the market). The source of income is exchange contract rates and eth pledge. It is essentially between the centralized stablecoin usdt and the decentralized stable currency. transitional products. If the steth price of the collateral lido is unanchored, or a large number of eth contracts are closed at the same time and a price difference occurs, it may cause usde to be unanchored and run, and an opportunity similar to short luna's ustc will arise. At the same time, although the current lock-in period for USDE withdrawal is 7 days, the project team reserves the right to increase it to permanent
