1. Market Overview

Market: The overall market rebounded following the US stock market, and sentiment improved.

U.S. stocks: U.S. stocks rose, investor sentiment was optimistic, and gold prices hit a new high, becoming a new destination for safe-haven funds.

2. Hotspots

TON Ecosystem: Hamster (HMSTR) is launched on the BN platform. Hamster is a dot-to-dot game in the TON ecosystem, with tens of millions of users and positive market response.

RWA sector: TRU and OM coins rose. DWF became the new market maker for TRU, and OM plans to launch the mainnet in October, and the market is paying close attention to this.

Public chain sector: SUI coin rose, and BN launched new SUI contracts, driving active market transactions.

DeFi sector: The rise of Pendle coin has expanded the function of BTC staking, further enhancing its competitiveness in the DeFi market.

Potential Opportunities

Trump launches crypto platform World Liberty Financial: Trump announced the launch of his family's cryptocurrency platform World Liberty Financial, positioning it as an alternative to traditional banks. This news may attract widespread attention in the market, especially for new users. The X Space launch event next Monday will be an important node for market observation.

The practical use of stablecoins is increasing: New research from Visa and Castle Island Ventures shows that stablecoins are increasingly being used for practical purposes in addition to cryptocurrency transactions. This trend may drive the further application of stablecoins in areas such as payment and cross-border transactions, and it is worth paying attention to the development of related projects.

ZKsync launches on-chain governance system: ZKsync has officially launched an on-chain governance system designed based on the principles of separation of powers and checks and balances. This system may enhance the decentralized management of the ZKsync ecosystem, attract more developers and users to participate, and lay a solid foundation for its future expansion.

Pendle expands BTC staking function: As a DeFi platform, Pendle not only has advantages in ETH, but now also expands the BTC staking function, which further expands its user base. For investors who pay attention to DeFi staking and returns, Pendle may have more opportunities in the future.

Grayscale XRP Trust Fund Management and Size: Grayscale XRP Trust Fund has a management fee of 2.5%, and although its size is small, if the XRP market strengthens, it may attract new attention, especially as the regulatory environment for Ripple becomes clearer.