API Crude Oil Production for the Week Ending July 18 in the US

The South Korean stablecoin market is gearing up: multiple forces are competing for the initiative. After the new government took office in South Korea, the cryptocurrency industry became rapidly active. Not only did several commercial banks join forces to prepare for the Korean won stablecoin project, but traditional tech giants and Web3 companies also began to lay out their plans, striving to gain an advantage in the increasingly fierce regional and global stablecoin competition. Meanwhile, Congress is reviewing relevant legislation to provide a legal basis for private institutions to issue Korean won stablecoins, and regulatory authorities are also accelerating the establishment of operational norms. It is expected that the second half of 2025 to the first half of 2026 could be a critical period for explosive growth in the Korean stablecoin market. The banking alliance is leading. The Bank of Korea takes a cautious stance on stablecoins, believing that they should be issued first by commercially regulated banks. Currently, eight major banks are planning to establish a joint venture to launch a won stablecoin, with participants including notable financial institutions such as Kookmin Bank and Shinhan Bank. Project

Kaia Ecosystem Evolution: On-Chain Rise Paradigm Centered on Mini Dapp 1. Overview of the Kaia Blockchain Ecosystem 1.1 The Predecessor and Team Background Kaia is the new ecosystem formed by the merger of the two major blockchain projects Klaytn and Finschia, led by Kakao and LINE. Klaytn was launched in June 2019 by Ground X, a blockchain subsidiary of Kakao Group, with early governance alliances including well-known South Korean companies such as LG Electronics, Celltrion, and Netmarble. LINE initially entered the space in August 2018 through its subsidiary LINE TECH.

In the Crypto Assets market, medium market capitalization projects often present unique opportunities and risks. Let's take a look at the current status and prospects of these projects. SKY coin seems to have potential, but it is puzzling why it has not yet been accepted by mainstream exchanges. The ATOM project has already lost market vitality, showing little sign of recovery. The performance of FLR is below expectations, displaying a typical trend of high opening and low closing. Although the FIL project has brought considerable returns to the development team, investors' expectations may be difficult to realize. The concept of XDC is relatively abstract and has not attracted widespread attention. FET, as a pioneer in artificial intelligence infrastructure, may have already completed its historical mission. SPX, as a physical asset token supported by a well-known team, may present investment opportunities after a pullback. The fate of JUP is closely related to its parent project SOL. FORM, as a continuation of BNX, demonstrates strong market manipulation characteristics. KCS has already lost its market appeal. QNT has failed to gain enough attention. INJ has performed well in this round of the market, but the project team seems to have reduced market support. CRV, as the leader of stablecoin protocols, is still worth paying attention to. The influence of STX has weakened. TIA may struggle to meet investor expectations. The future of OP depends on its performance after token unlocking. The development path of CFX is still unclear. FLOKI is gradually losing market popularity. Although PUMP is quite controversial, there may be speculative opportunities when the price is right. The project team of FARTCOIN may be reducing their holdings. GRT is trying to save itself, but the effects have not yet appeared. IMX has already lost market momentum and occasionally experiences brief rebounds. ENS benefits from the support of the Ethereum Foundation and responds quickly when the market improves. The project team of CAKE may lack long-term vision. WIF is gradually losing market attention. KAIA has already lost market vitality. S, as a continuation of FTM, has founders who are good at creating topics. NEXO's market positioning is unclear. LDO, as a leader in Ethereum staking, faces the challenge of being too large in scale. XTZ has lost its market appeal. Project A (formerly EOS) has struggled to shake off the shadows of the past despite rebranding. VRTUAL is undergoing market adjustments. THEYA performed well in the last bull market but has now lost its appeal. JASMY, as a Japanese crypto project, often experiences price fluctuations. The future development of RAY remains uncertain. IOTA occasionally sees brief market reactions. Although GALA has lost market enthusiasm, the project team has made efforts. SAND has also lost market appeal. AERO is worth investors' attention. PENDLE may have completed its mission in this round of the market, looking forward to the performance in the next round. The project management of BTT is controversial. PYTH's market performance is weak. The development status of these projects varies, and investors need to carefully assess the potential and risks of each project to make informed investment decisions.

Can the Line ecosystem become a new engine for Web3? Introduction As a well-known communication software in Asia, Line announced this year its merger with the Korean public chain Klaytn's mainnet, marking its official entry into the Web3 field. Looking back at the success of the Telegram ecosystem, which attracted numerous Web3 projects and users with its massive user base and mini-program platform, it has become an important bridge connecting Web2 and Web3. Now, Line has similar development conditions and is expected to foster new Web3 phenomenal projects in the Asian market, injecting new vitality into the industry. This merger will bring technological innovation and governance reform, issuing a unified token and building an integrated network across Ethereum and Cosmos. This not only accelerates the development of Web3 technology but also signifies deep cooperation among Asian tech giants in the blockchain field, bringing more opportunities to the industry. Therefore, Line is expected to become a new driver of Web3 development.

Abstract Chain Panorama Analysis: How to Build a Public Chain Ecosystem for End Users? Abstract Abstract Chain will launch in January 2025 as a user-centric blockchain dedicated to promoting the large-scale adoption of cryptographic technology and building a platform that is easy to access and highly participatory. Abstract Chain offers a comfortable user experience brought by native account abstraction, leveraging the established fan base of Pudgy Penguins and $PENGU to provide differentiated value through its unique user structure. The growth strategy of Abstract revolves around building a digital entertainment theme park: having its own portal platform, integrating live streaming and reward systems, and attracting application developers into the ecosystem. This live streaming platform has attracted over 10,000 broadcasters, with an average daily user participation.