1. Market Overview
Market: The overall market rebounded with the US stock market, and the sentiment has warmed up.
US stocks: US stocks rose, investors were optimistic, and gold prices hit a new high, becoming a new destination for safe-haven funds.
2. Hot spots in sectors
TON ecosystem sector: Hamster (HMSTR) was launched on the BN platform. Hamster is a point-to-point battle game in the TON ecosystem, with tens of millions of users and a positive market response.
RWA sector: TRU and OM coins rose. DWF became the new market maker for TRU, and OM is scheduled to go online on the mainnet in October. The market has maintained a high level of attention to this.
Public chain sector: SUI coins rose, and BN launched a new SUI contract, driving active market transactions.
DeFi sector: Pendle coins rose, expanding the function of BTC staking, and further enhancing its competitiveness in the DeFi market.
3. 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.
Increased practical use of stablecoins: New research from Visa and Castle Island Ventures shows that stablecoins are increasingly being used for practical purposes in addition to cryptocurrency transactions.
ZKsync launches on-chain governance system: ZKsync officially launched an on-chain governance system designed based on the principles of separation of powers and checks and balances.
Pendle expands BTC staking function: As a DeFi platform, Pendle not only has advantages in ETH, but now also expands BTC staking functions, which further expands its user base.
Management and scale of Grayscale XRP Trust Fund: Grayscale XRP Trust Fund has a management fee rate of 2.5%. Although its scale is small, if the XRP market strengthens, it may attract new attention, especially as the regulatory environment of Ripple becomes clearer.
