I posted this morning, how did @sui start his journey to heaven with his left foot on his right foot?> and @after clearing out his position in sui, why did he choose to open a position in arb?>
The main reason why I chose to publish the article about arb first is that they are both primary and secondary chains, which makes them easier to compare.
After the clearance, the reason why I chose cake is not so easy to write. However, I will try to write it out.

Earlier, I wrote an article about @BNB's challenge: Balancing the development of BNB on exchanges and on the chain>,
In fact, a better title might be @Binance's Challenge: Balancing BNB Development on Exchanges and Chains>,
Friends who haven't read it can turn to read it.

There are only two reasons for building arb:
1. arb is excellent and the price is low
At present, arb is still the best secondary chain on eth.
Although ETH and the secondary chain have failed to live up to the expectations of too many people and hurt everyone’s hearts in the past six months.
However, ARB is still excellent, but this excellence is not reflected in the price.
ARB chain, the locked value reaches 2.5 billion US dollars, and the quality of the locked position is also very high, basically BTC, ETH and USDT.
In comparison, after the price surge, the total locked value of Sui is still less than 900 million US dollars, mainly because the quality of the locked value is different.
Sui Stablecoins Mcap is $400 million, while ARB is as high as $4.6 billion, ten times that of Sui.

Friends who follow me should know that I first opened a position in July.
Basically, 3500u of Eth was replaced by 20,000 Sui of about 0.85u.
The idea at that time was very simple, that is, Sui's speed was fast and the handling fee was very low, basically less than 1 cent.

Later, the price of Sui also fell from 0.85u to 0.47, and then Sui started to rise violently, becoming a frequent visitor on Binance's growth list.
Around September, I added 1w U from the price of sol 137 and sui 1.02.
Since grid trading was enabled, the profit was about 3000u, plus the on-chain arbitrage, this time Sui basically doubled, I am satisfied.

Last night, when Sui was between 1.58 and 1.6, I cleared my position in Sui.
And added Cake at 1.94, and Arb at 0.598.
I also added a small amount of Tia positions, and am currently stuck with it.
Thanks to Sui, and best wishes to all the students who are still on the bus, I hope Sui will have more success.
When I have time, I will post two posts specifically. Why is Sui so crazy? Why did he choose to build a position in Arb, Cake, and Tia after clearing out his position?
$SUI
$ARB

$CAKE

Cati has already been traded on other exchanges, with a trading price of about 1U. This time, I invested about 135 BNB and harvested 544 Cati.
This is roughly equivalent to a BNB cost reduction of more than 3U, so the profit is still quite good.
$BNB
$CATI
#CATI价格预测
#新币挖矿CATI

Sui has been very strong recently, playing exactly like Sol did last year, and has become a regular on the list of gainers.
It has now doubled in a short period of time, and if calculated from the lowest point, the increase has been nearly 3 times.
I personally only have about 15% of the position; I, who have always been cautious, dare not chase it anymore, even though there is still a lot of room above.
So who is most likely to become the next Sui? I personally think Tia is the best choice. Which one do you think is the best?
$SOL
$SUI
$TIA

Gradient Network, the open layer of edge computing in the Solana ecosystem, announced on the X platform that it has completed a new round of financing, with participation from Pantera Capital, Multicoin Capital, Sequoia Capital, etc. The specific amount of financing and valuation data have not been disclosed yet.
It is reported that the new funds will be used to promote its decentralized protocol and the development of solutions for converting computing power and staking in blockchain networks.
Gradient Network is an open layer for edge computing on Solana, designed to make computing inclusive, accessible, and affordable for everyone.
As an early project of Depin, you will have a limited time opportunity to receive 1000XP.

Binance faces a tricky balancing act: how to strike a balance between the exchange's Launchpool and the development of the BNB chain. The high returns of the Launchpool tend to attract BNB to stay within the exchange, which is not conducive to the prosperity of the BNB chain. However, as a blockchain project, without an active on-chain ecosystem, it is difficult for BNB's value to continue to increase.

Binance seems to be aware of this challenge and has taken some measures to balance the two. For example, Launchpool began to support staked BNB (slisBNB), which helps to guide some liquidity to the chain. Another example is the MegaDrop project, which promotes Binance's Web3 wallet and stimulates on-chain activities.

The main differences between Apt (Aptos) and Sui:
1. Transaction processing method:
- Apt: Globally sort all transactions.
- Sui: Differentiate between transactions that require consensus and those that do not, with the latter being processed faster.
2. Technical focus:
- Apt: Focus on security and reliability.
- Sui: Emphasizes high throughput and low latency.
3. Consensus Mechanism:
- Apt: Uses the Block-STM parallel execution engine.
- Sui: uses Narwhal and Bullshark algorithms.
4. Scalability strategy:
- Apt: Improve throughput through parallel execution.
- Sui: Achieving high throughput by leveraging object-level ownership and out-of-order execution.

Dear friends, have you noticed that Sui frequently appears on the list of rising stocks recently?

Looking back, I mentioned in a post in early July that I exchanged all the ETH in my Binance account for SUI. The main reason is that Sui's network interaction experience is very smooth, and multiple transactions can be made at 1 cent, which is very cost-effective.

Unfortunately, I didn’t hold much ETH at the time, and only exchanged for 20,000 Sui. Now I’m faced with a new decision: should I also exchange my Sol for Sui? Sol is currently my largest position, but it has been performing slightly weak recently. Of course, I also realize that Sui is about to face a large number of token unlocking, and I’m worried that I will become a buyer if I exchange it. However, well-known negative factors are often digested by the market and may not necessarily have a substantial impact. Considering Sui’s current high activity, I am still optimistic about its prospects.

Recommend a way to easily earn 25% using Sui, usdt, usdc,
On Scallop, (a lending platform on Sui, the official website link is below), you can easily make 25% annual income.
First, in the Borrowing area, select Collateral Pools, Deposit coin, which can support Sui, usdt, usdc, etc.
In the Borrowing area, select the Borrowing pool and choose the currency to be borrowed, such as Borrow ETH.

Go back to the Lending area and in the Lending Pool, Suppy out the ETH borrowed in the second step.
Please use the referral link below to get 12% interest reduction
https://app.scallop.io/referral?ref=66d5b71ee728a067364aabca

Repost an article, the content is a bit long, but it is full of dry goods
Original title: "Why is ETH Down so bad?"
Original author: Ryan, David, Bankless
Original translation: zhouzhou, BlockBeats

Editor's Note: This article discusses Ethereum's performance in recent years and its future trends from multiple perspectives. Bitcoin's market value and height raise questions about Ethereum's relative weakness, but Ethereum's innovative potential cannot be ignored. ETH's price performance is affected by multiple factors, especially decentralization and Layer 2 operability issues.

Our discussion will focus on the value of decentralization on the Ethereum route, as well as the competitive advantages of Layer 2 and platforms such as Solana. In addition, we will analyze the role of stablecoin issuers as a bridge to centralized exchanges. Driven by these issues, how the future development of Ethereum will evolve still requires our close observation.

Why should you miss the Solayer airdrop opportunity?
#Solanaversion of EigenLayer, one stake, multiple benefits
#August27, $12 million seed round financing
#BinanceLab leads the investment. Every project invested by Binance Lab deserves great attention.
##$200 million in pledged volume

Without further ado, let's go straight to the tutorial:
1. Buy SOL on Binance, and transfer the newly purchased SOL to the Web3 wallet in Binance Web3 wallet.

2. Click Discover in the lower right corner of Binance Wallet

3. Enter the invitation link https://app.solayer.org/invite/S6F7Q7

4. Bind discord and X
5. Select Solana Native Deposit and click Deposit

Dear Sol holders, Liushui recommends a new project that is on the rise - Solayer. This innovative platform is bringing a revolutionary staking experience to Solana, and can be called the Solana version of EigenLayer. Let's understand why Solayer deserves your special attention.

## Technical Innovation: EigenLayer on Solana

The core advantage of Solayer is that it introduces EigenLayer's innovative ideas into the Solana ecosystem. What does this mean? Simply put, you can let your SOL participate in multiple DeFi projects at the same time, greatly improving the efficiency of fund utilization. One pledge, multiple benefits, this is the innovation brought by Solayer.

The 57th Dogs mining on Binance Launchpool is about to go online. I wonder how you guys benefit from it?
A total of 150 BNB, mined with TON, a total of 130,000 Dogs,
I wonder if the opening price can reach 0.003 under #Telegram创始人被捕 ?
Do you sell immediately or continue to hold?
#DOGS
#Telegram创始人被捕
$DOGS
$BNB

I feel like the bull market is coming. Currently, I mainly hold BNB, SOL, BTC, and SUI.
A small amount of Ton and Banana (earned from BNB mining).
On July 20, I exchanged all the ETH in my Binance account at a price of about 3500U into 0.85U of SUI.
There are about 10 ETH staked on the chain. I hope that the withdrawal can be released as soon as possible and it can be exchanged for Ton.
If blockchain is to be implemented, what will happen to ETH, which is expensive and slow?
Some people say, isn't there a secondary chain? The problem is that other people's primary chains can do it, why do we need your ETH + secondary chain? Some people may say that your Sol, Sui is too centralized, just like the secondary chain on ETH is not centralized.

An article appeared online [$SOL may have a big problem, 90U is not the bottom, don’t buy the bottom!!!]
There are two main points in this article:
1.Solana lost $1.8 billion in the first half of the year alone, and the losses are accelerating
2. Solana has unlimited additional issuance, with 161 million additional issuances in three years, and institutions are cashing out crazily
It seems that data are cited, but I believe that most of my friends will not look up the data or think about this issue.
1. Regarding the first question, the so-called losses are only the fees paid to the verification nodes and the fees for users to stake SOL.
In order to maintain the operation of the network, isn’t it natural that ETH pays fees to ETH validators and BTC pays fees to miners? Moreover, SOL is PoS like ETH and will pay interest to stakers.

Background and controversy
Recently, Binance suddenly stopped listing new coins and BNB-related activities, which triggered widespread discussion. Some people accused Binance of frequently listing new coins, which led to market fluctuations in the entire cryptocurrency circle. However, although Binance has a strong influence as one of the world's largest cryptocurrency exchanges, the overall trend of the market is not determined by a single platform. It seems unfair to blame Binance for the collapse of altcoins. There are many other exchanges in the market, and Binance's behavior cannot completely influence the market trend.

New Coins and Market Fluctuations

SOL has been performing very strongly recently. In one month, SOL/BNB rose by 34%, and SOL/BTC rose by 29.77%. In comparison, SOL has far outperformed Bitcoin and BNB, not to mention many other altcoins. Here, I will share a strategy for SOL to make your investment income even better.
The general steps are as follows:
1. Transfer SOL to Binance Web3 wallet.
2. On the wallet page, select “Financial Management” -> “Yield+” -> “Solana”.

3. Enter the Marinade platform and stake (Stake), you can get an annualized 7% staking income and $MNDE tokens.

Originally, it was thought that Binance's BNB Holder airdrop was a long way off, and many investors had already started to complain that "there was a lot of noise but little action". However, Binance quietly gave all BNB holders a surprise!
Today, Binance airdropped Banana to all BNB holders. The amount of airdrop varies depending on the user's BNB holdings. Users holding around 140 BNB received about 7.4 Banana.
The current Banana price is about 67.6U, so 7.4 Banana is worth about 500U. For users holding 140 BNB, this means that the average holding cost per BNB is reduced by about 3U.