TRON Industry Weekly Report: Limited Impact of Geopolitical Crisis, BTC Steady at 100,000, Rise of BTC Native ZKP DeFi Protocol Ducat
In May, the U.S. CPI year-on-year slowed to 3.3%, and the core CPI dropped to 3.4%, indicating a relief in inflationary pressure. However, the Federal Reserve remains cautious, expecting to cut interest rates only once within the year. The cryptocurrency market is affected by geopolitical conflicts, with BTC and ETH retreating after hitting key resistance levels, likely leading to short-term fluctuations and adjustments. Industry hotspots include the Bitcoin-native stablecoin protocol Ducat and the Move ecosystem DeFi protocol Mirage, the latter of which launched the yield-bearing stablecoin mUSD. In terms of public chains, Bitcoin L2 is developing rapidly, while Ethereum L2 transactions are active but the distribution of fees is controversial. Global regulatory dynamics are emerging frequently, with the UK planning to ease retail restrictions on crypto ETNs, the U.S. SEC exploring DeFi regulation, and China continuing to crack down on mining and over-the-counter trading.