1.Neiro announces partnership with DWF Labs

2. Arthur Hayes: Dual Position of MOTHER

3.CREAM, ID and UNI lead the 24-hour Smart Money inflows list

4. Phaver: SOCIAL airdrop will be open for claim at 5:00 PM today

5. Yesterday, the US Bitcoin ETF saw a net inflow of $4.53 million

Trending Topics

$TIATalk around TIA today focused on Bain Capital Crypto’s $100 million investment in the project. This significant investment has sparked optimism about Celestia’s potential to improve blockchain scalability and throughput, with many highlighting its unique modular architecture and data availability solutions. The news has also sparked increased interest in the $TIA token, with people discussing its potential price action and the impact of the upcoming token unlock.

$ZKDiscussions around ZK today focused on its significant progress and growing ecosystem. Key topics included the launch of Aave V3 on ZKSYNC, the migration of Treasure DAO from Arbitrum to ZKSYNC, and the increasing number of active users on the platform. The community is excited about ZKSYNC becoming the primary liquidity layer and its role in decentralized gaming, with the move from Treasure DAO being a major highlight. Overall sentiment was very positive, with many looking forward to more growth and innovation within the ZKSYNC ecosystem.

$NEAR: Today’s discussions around NEAR focused on its recent implementation of sharding technology, which has received a lot of attention and is seen as a major breakthrough in blockchain scalability. This development has sparked optimism about NEAR’s potential, with many predicting its advancement and emphasizing its role in the field of artificial intelligence, along with other tokens such as TAO and FET. Grayscale also listed NEAR as one of the most promising AI tokens in Q3 2024.

On the one hand, we are witnessing the emergence of multiple new DeFi primitives that are more secure, scalable, and mature than they were a few years ago. DeFi has proven its resilience, establishing itself as one of the few crypto sectors with proven use cases and real-world applications. On the other hand, the current monetary environment is also supporting DeFi’s recovery. Similar to the last DeFi summer, current DeFi indicators suggest that we may be at the beginning of a larger uptrend.

Athena Y, Wello developer

How the narrative is translated is not really important, especially when another bigwig joked that PayFi could be called FiFi, because the payment itself is financial. What is really interesting and significant is that after a long detour, we are starting to return to the fundamental attribute of cryptocurrency related to payment, beyond investment and speculation. Just like the redistribution of value and wealth, the development of all things in the world follows the basic laws of history. From a small product to a large banner and industry, what really lasts is the product that truly creates positive value for society. By returning to this essence, our beliefs will not be so fragile and easily shaken.

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