The seven most popular coins this week, each of which performed very well

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The performance of "SAGA" on Binance this week is quite commendable and beyond the expectations of many people. It once again made a strong endorsement for Binance's wealth effect. It is particularly noteworthy that the new round of new coin mining project OMNI was announced today. From W not long ago to SAGA and the latest OMNI, there is a vague hint that the narrative of full-chain interoperability may usher in a new climax in 2024.

"Monad" once again completed a huge financing of US$225 million led by Paradigm this week, which fully illustrates how crazy the big capital is betting on the potential super narrative of parallel EVM (recommended reading "Quick Look at "Jump Gang" Monad Labs: The Ultimate Plan for EVM to Raise US$200 Million?"), and the subsequent progress of the three parallel EVM head projects Sei, Neon, and Eclipse is also worthy of special attention.

Overall, the vision of a "better Ethereum" with Monad compatibility with EVM and 10,000 TPS is indeed exciting. As for whether it will be a new solution or a reversal, it is still unknown.

"ENA" continues to be strong, and after "Ethena" opened Bitcoin as collateral, the size of the corresponding position quickly exceeded 55 million US dollars; "TNSR" is another unexpected surprise for many users this week, which made the market jokingly say that the Solana ecosystem once again confirmed the rule of "big hair does not curl".

"EigenLayer" ushered in important milestones this week. First, EigenLayer and data availability solution EigenDA were launched on the Ethereum mainnet. So far, six new active verification services (AVS) have been launched: including AltLayer (re-staking Rollup), Brevis (ZK Coprocessor), eoracle (Ethereum native oracle), LAGRANGE (non-interactive cross-chain state proof), Witness Chain (DePIN coordination layer) and Xterio (game service).

"UNI" encountered a major regulatory risk test this week. The U.S. Securities and Exchange Commission (SEC) issued a Wells notice to it and planned to take enforcement action against them. As of now, the incident is still fermenting. How it will develop in the future will undoubtedly have a benchmark effect on the protocols and project parties in the entire DeFi track.

As a Solana ecological mining project that emerged with the wealth effect, "ORE" staged a roller coaster market, and many people focused the blame for Solana network congestion on it.

"PENDLE" is, to some extent, one of the biggest elephants in the market room in the past six months - it has steadily risen from $0.6 to a maximum of $7.5, setting a new record high. As early as the beginning of the year, it was found in the weekly hot search articles that the evolution of heavy pledge and LSD narrative would directly benefit PENDLE. I don’t know how many friends missed this biggest Alpha.

#ENA #SAGA #ORE #Meme #WIF

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