Tracking and Interpretation of Hot Events

After experiencing over $100 million in bad debts in at least four incidents, Venus remains the leading player in the lending sector on the BNB Chain, making it a rare "survivor" in the cryptocurrency field.

When a physical industry company injects physical assets into a Layer 1 project, it can easily create a valuation of 950 million dollars by calculating several times the value of the physical assets. Is this kind of capital game too outrageous? Does the crypto market really need such RWAs?

Indeed, Base's departure has dealt a blow to Optimism, but it is premature to conclude that the superchain model itself has failed.

From hoarding gold to buying luxury homes, crypto wealth is migrating towards physical assets.

"The act of 'mouth stroking' may no longer exist."

When everyone in the market is focused on the wallet addresses of BlackRock and Wintermute, what we are trading may no longer be the value of cryptocurrencies themselves, but rather suspicion and sentiment.

From creating momentum to attract new users, pre-market warning of price breaks, aggressively closing short positions, to the sharp drop that wiped out long positions, this crash not only burst the speculative bubble but also exposed deep-seated issues of manipulation and trust crises within the industry.

Whether it's CZ personally getting involved or collaborating with the community to create a meme atmosphere, or the backing of YZi Labs' investment, the so-called hype is just a spark, while the community riding the concept is the fuel that adds to the fire. When the two come together, it ignites the market, which also indicates that the market itself needs hot topics to maintain attention and liquidity.

From MYX to COAI, the so-called tenfold and hundredfold myth is merely a quicker exit path under the spotlight of Binance Alpha.

The market stabilized at the end of the month, a calm before the storm?