U.S. 4-Month Treasury Auction Bids-to-Cover Ratio as of July 23

This article analyzes the distribution of holding addresses, loan-to-value, and address activity of the three major PoS public chains: ETH2.0, Tezos, and Cosmos. ETH performs best in terms of decentralization, Tezos shows strong competitive potential, while Cosmos has advantages in interoperability. Overall, Tezos is expected to become an important competitor in the PoS field in the future.

In the field of Crypto Assets, certain projects may not receive as much attention as other popular Tokens, but their importance cannot be overlooked. These projects may be misunderstood as "not popular" due to their complexity and specialization; in reality, they are playing a crucial role deep within the financial system. XRP, as a digital asset, is favored by central banks around the world and is viewed as an important bridge for cross-border settlement. Its value lies not in short-term speculation but in its potential applications within the international financial system. CFX, backed by national resources, is committed to becoming an important interface for compliance and the real world. This positioning suggests that CFX may play a significant role in future blockchain applications, especially in areas where regulation and the real economy need to be integrated. ACH is not just a concept; it is building an actual usable payment network. Users can directly use ACH for daily consumption, and this practicality gives ACH a place in the field of Crypto Assets payments. These projects may not be as eye-catching as some popular Tokens, but they are quietly operating behind the financial architecture, supporting the future blockchain ecosystem. While there are many popular projects in the current market, there are only a few that can play an important role in the future financial system. For these deep projects, we should not deny their value just because they are difficult to understand at the moment. On the contrary, we should focus more on their long-term development potential and performance in practical applications. Over time, these projects may gradually reveal their true value and significance.

Grass has announced the end of its closed testing and is preparing for an Airdrop. User participation will become the benchmark for rewards. After raising $3.5 million, Grass plans to build a decentralized bandwidth market to support AI data collection, with over 2 million users already on board. The project aims to promote Web3 values and facilitate the development of decentralization and Open Source AI.

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Tether CEO Paolo Ardoino shared the company's development strategy, focusing on building a multi-domain ecosystem to achieve financial stability and inclusivity. The company has invested $14 billion, covering Digital Money, energy, AI, and more, committed to providing stability in currency, communication, intelligence, and energy. Tether also plans to expand Financial Service in Africa to meet the needs of high-inflation countries.