The Prosperity and Concerns of the Solana Ecosystem: Is Manipulative Behavior Becoming the New Norm in the Market?
Recently, the development of the Solana ecosystem has attracted the attention of many observers. Once upon a time, some seemingly worthless tokens could see their market value surge several times due to a celebrity photo. Now, the market is gradually becoming more rational, and investors are starting to view "bundled bullishness" as the main way to drive price increases. This shift reflects an interesting transformation in the speculative trend of the crypto market.
Currently, there seem to be only two types of tokens that can achieve value growth: one is tokens manipulated through various means, including bundled tokens, tokens allocated early to insiders of the project, and tokens that are deeply manipulated; the other is tokens that can generate actual returns. This phenomenon reveals a harsh reality: the market is either dominated by manipulation or returns to a traditional value assessment system.
When manipulation becomes an important indicator for judging token price trends.

The deeper meaning behind the decrease in Bitcoin on-chain activity
The on-chain circulation speed of Bitcoin is currently at its lowest level in a decade, a phenomenon that has sparked thoughts on its development prospects. However, a deeper analysis reveals that this actually reflects Bitcoin's transition towards a more mature asset class.
In recent years, the use of Bitcoin has gradually shifted from an early medium of exchange to a long-term store of value. Currently, over 70% of Bitcoin has not been moved for more than a year, reflecting holders' confidence in its long-term value. This shift has largely been driven by institutional investors.
As institutional participation increases, a large amount of Bitcoin is locked in long-term holding. By mid-2025, the total amount of Bitcoin held by various institutions is close to 2.55 million coins, accounting for approximately 12.8% of the circulating supply. Most of these assets are seen as strategic reserves, stored in cold wallets for long-term holding, thereby reducing on-chain trading activity.

Ethereum underlying technology updates and new trends in the DeFi ecosystem
Recently, the founder of Ethereum proposed a significant technical improvement, and there have also been some new developments and changes in the DeFi sector. Let's review these important updates.
Ethereum is considering adopting the RISC-V architecture.
The founder of Ethereum proposed to replace the EVM with RISC-V as the long-term execution layer. This change can be understood as an upgrade to Ethereum's "engine," aimed at improving efficiency and addressing the potentially massive computational demands it may face in the future. This change only occurs in the underlying execution engine and will not affect Ethereum's account model and contract calling methods.
For ordinary users and developers, the way to interact with smart contracts will not change. The main purpose of this proposal is to address the potential bottleneck issues that the Ethereum execution layer may face in the long term, particularly concerning validation and hardware requirements. RISC-V as a general-purpose

Sahara AI: Building an open and fair artificial intelligence ecosystem
Sahara AI is committed to building a more open, fair, and collaborative artificial intelligence economy, allowing more people to easily participate. By leveraging blockchain technology, Sahara ensures that all contributors (including data providers, annotators, model developers, etc.) receive fair compensation, while safeguarding the sovereignty of data and models, ensuring the security of AI assets, and supporting the creation, sharing, and trading of permissions.
Current status of the AI technology stack
The current AI technology stack can be divided into the following levels:
1. Data collection and annotation: Collect data from various sources and annotate it according to specific tasks.
2. Model training and service: Input data into the model and adjust parameters to optimize performance.
3. Creation and Deployment of AI Agents: Typically requires the use of specialized tools to

Mega Matrix Inc. Chief Strategy Officer Jia Songtao: Strategic Layout of the Stablecoin Track
Stablecoins, as an important component of the long-term order of future digital assets, are gradually becoming a bridge between the traditional financial system and the blockchain world. With the regulatory environment becoming increasingly clear, the stablecoin industry is ushering in unprecedented certainty and development opportunities. Against this backdrop, the US-listed company Mega Matrix Inc. has officially entered the core area of on-chain finance through a private financing round of 16 million dollars.
The company's Chief Strategy Officer, Jia Songtao, stated that this private financing is a key step in the company's strategic upgrade. Mega Matrix Inc. has transitioned from a holding company centered around a content platform to a systematic on-chain financial layout, particularly focusing on stablecoin treasury strategies.
Jia Songtao believes that the future world of digital assets will be built on public chains, stablecoins, and custody.

Hong Kong has released the Digital Asset Development Policy Declaration 2.0, aiming to build a globally leading digital asset center.
The Hong Kong Special Administrative Region Government released the "Hong Kong Digital Asset Development Policy Declaration 2.0" on June 26, reaffirming its firm determination to build Hong Kong into a globally leading digital asset center. This declaration aims to create a market environment that is controllable in risk, thriving in innovation, brings substantial benefits to the real economy and financial markets, and is trustworthy.
The release of this declaration coincides with Singapore tightening its policies on unlicensed institutions. Industry insiders believe that Singapore's influence on the Web3 sector will gradually diminish over the next 2-3 years. In contrast, Hong Kong is seen as the next Web3 hub, with its position expected to be enhanced.
The declaration presents a series of strategic policy directions and corresponding measures aimed at creating a digital asset ecosystem that is deeply integrated with the real economy and financial markets, looking towards the future. These measures are referred to as "L

BTC fluctuates at a high level, small and medium market capitalization coins are stirring up a wave, AURA has risen over 180 times.
Overview
In the past two weeks, the cryptocurrency market has continued to oscillate at high levels, with no systemic recovery yet. However, driven by local themes, small and medium market capitalization tokens have shown impressive performance. The average rise of the top 500 tokens by market capitalization reached 16.65%, with those ranked 301-400 seeing increases of over 46%, indicating a clear preference for assets with topical and narrative potential. AURA has surged over 180 times, and projects like CONSCIOUS have seen trading volumes increase by over a hundred times, highlighting the significant volume-price resonance effect; whereas some tokens that have experienced increased volume but stagnated in price reflect divergent market expectations regarding their future performance. Overall, the market shows a structure of "theme rotation + mainstream stability", with unusual trading volumes still being an important signal for capturing short-term opportunities.
In this context, multiple potential projects are simultaneously launching airdrop activities, including OpenSea (global

Recently, the crypto market has rebounded due to easing U.S. inflation data, with Bitcoin rising slightly. Meme coins and AI-related projects have become hotspots. Notcoin has sparked a wave of attention economy, while Pump.fun has encountered attacks. Market sentiment is relatively neutral, and future fluctuations may continue. Public chain performance is divergent, and the NFT market is sluggish. Project financing dynamics are active.

BRC-20 Token minting complete process guide
Introduction to BRC-20
BRC-20 is a fungible Token protocol on the Bitcoin native chain, similar to the ERC-20 standard on Ethereum. This protocol was created by a developer on March 9, 2023, with the aim of enabling fungible Token capabilities on the Bitcoin network. Currently, several BRC-20 Tokens have been fully minted, including some actively performing projects.
It is worth mentioning that as the first BRC-20 Token, $Ordi has attracted significant attention due to its genesis attributes. From an initial minting cost of a few dollars, its price has risen to several hundred dollars, providing substantial returns for early participants.
minting steps
1. Prepare wallet
It is recommended to use the UniSat wallet, which is an open-source Ordinals wallet plugin. After creating the wallet, please

Web3 Parallel Computing Landscape: The Best Solution for Native Scaling?
The "Blockchain Trilemma" reveals the essential trade-offs in the design of blockchain systems, namely "security", "decentralization", and "scalability". It indicates that blockchain projects find it difficult to simultaneously achieve "extreme security, universal participation, and high-speed processing". Regarding the eternal topic of "scalability", the mainstream blockchain expansion solutions currently on the market are categorized according to paradigms, including:
Execute enhanced scaling: Improve execution capabilities on-site, such as parallelism, GPU, and multi-core.
State Isolation Scaling: Horizontal Splitting of State / Shard, such as Sharding, UTXO, Multi-Subnet
Off-chain outsourcing expansion: executing outside the chain, such as Rollup, Coprocessor, DA
Decoupled structure expansion: modular architecture, collaborative operation, for example

Four Secrets of Trading Experts
Over the past five years, a seasoned FOF investor has conducted in-depth research on hundreds of fund teams and found that truly outstanding traders possess four key qualities. This investor has been responsible for asset allocation in a family office with a technology background for many years and has unique insights into the cryptocurrency field.
He believes that to become an excellent trader, one needs to focus on the following aspects:
1. Performance must be convincing.
When evaluating funds and general partners, performance is the primary consideration. However, information in the crypto market is often not transparent enough, so it is necessary to carefully analyze the authenticity, sustainability, and underlying reasons of the performance. The key is to discern which past performance can represent future potential and which cannot.
2. Team quality is crucial
Excellent trading teams usually possess three characteristics:
- Integrity is the bottom line. Whether it is proprietary trading or asset management, it must be

Web3 Game Weekly Report: Industry Trends and Rankings (February 10 - 16)
This week, the Web3 gaming industry remains active, with several projects making significant progress. Let's take a look back at the main events and gaming data of the week.
Industry Trends
- Ronin blockchain announces the opening of its ecosystem to all developers.
- Treasure DAO plans to launch the AI agent startup platform Mage based on the ElizaOS framework.
- Azuki TCG card game is expected to be released in 2025
- Japanese game company Gumi invested approximately 6.58 million USD to purchase Bitcoin
- Solana Ecosystem AI Game Protocol

Plume Network is committed to building a dedicated blockchain ecosystem for real-world assets, integrating RWA-Fi and Decentralized Finance, enhancing the liquidity and accessibility of RWAs. It provides stable returns for users by tokenizing assets such as solar farms, emphasizing transparency and institutional collaboration to attract more encryption users.

Exploring the Decentralization Options Market: Opportunities and Challenges Coexist
Options, as an important financial derivative, play an indispensable role in traditional financial markets. With the rise of blockchain and Decentralization finance ( DeFi ), the decentralized options market has gradually become a focal point of industry attention. This article will explore the current status of decentralized options, the challenges faced, and the opportunities for the future.
The background and advantages of decentralized options
Decentralization Options refer to options contracts issued and traded on the blockchain. Compared to traditional centralized options, it has the following advantages:
1. Permissionless and transparent
2. No default risk, contract execution is guaranteed by smart contracts.
3. Stronger composability with other DeFi products
Decentralization options bring new possibilities to the traditional options market, especially in terms of risk management, financing, and speculation.
Market status and main participants

Billions Network: A New Exploration of Universal Human-Machine Interaction Network
Recently, a general human-machine interaction network project called Billions completed a financing of $30 million, with a well-known blockchain platform as the lead investor. Several institutions in the fields of cryptocurrency and AI infrastructure also participated in this round of investment.
The development of Billions has attracted widespread attention in the industry. According to a certain data platform, Billions accounted for as much as 8.03% of recent on-chain activities, ranking first. Originating from a well-known decentralized identity verification project, Billions has made new breakthroughs in this field through continuous efforts.
The team has a strong background.
Billions was formerly known as Privado ID, which was renamed after being spun off from the identity verification project of a well-known blockchain platform. Therefore, Bi

Turkey's Crypto Assets Market Rise: Analysis of New Regulatory Policies
In recent years, Turkey has emerged as an important participant in the global Crypto Assets market, thanks to its enormous trading volume. Data shows that Turkey has become the fourth largest Crypto Assets trading market in the world, following the United States, India, and the United Kingdom.
The enthusiasm of the Turkish public for Crypto Assets mainly stems from the economic instability and currency devaluation issues in the country. In the face of high inflation and the continuous weakening of the lira, more and more Turks are viewing Crypto Assets as an important tool for hedging economic risks and preserving value.
On August 23 this year, affected by factors such as high domestic inflation, the Turkish lira's exchange rate against the US dollar fell below 34 to 1, setting a new historical low. On that day in the Turkish foreign exchange market, the lira's exchange rate against the US dollar once dropped to 34.049 to 1, and then slightly rebounded. According to reports, since the beginning of this year, the Turkish lira's exchange rate against the US dollar has decreased by about 15.2%.
Despite the earth

The tumultuous changes in the global financial markets: Trump policies and the trends of Crypto Assets
Recently, the international financial market has experienced a round of intense turmoil, reflecting the complex economic situation and policy impacts behind it. As global tariff disputes intensify, market concerns about a recession in the U.S. economy are increasing. On March 10, U.S. stocks suffered heavy losses, with all three major indices falling. The Dow Jones Industrial Average dropped by more than 2%, while the Nasdaq and S&P 500 indices fell by 4% and 2.7%, respectively.
This fluctuation also affected the Crypto Assets market. Bitcoin once fell below $77,000, with a single-day drop of over 8%. Ethereum performed even more weakly, briefly dropping below $1,800, returning to price levels from several years ago. However, the market seems to have quickly shown signs of rebound, with Bitcoin's price recovering to around $82,000, and Ethereum also regaining above $1,900.
The current market environment is full of uncertainty, and investors are generally thinking about...