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According to monitoring by Solid Intel, Robinhood Chain's daily transaction fees reached a record high of 6 million dollars, weekly transaction fees increased 17 times to 25 million dollars, and DEX trading volume doubled to 12.4 billion dollars.

Since its listing on the NYSE Arca on August 25, the Grayscale Zcash ETF (ZCSH) has seen a cumulative net inflow of approximately $34.4 million. Launched by Grayscale, ZCSH is the first exchange-traded product to provide spot exposure to ZEC.According to Gate market data, ZEC has surpassed $1000 today, reaching a historic high, with ZEC increasing by approximately 31% since the listing of the Zcash ETF.

According to GMGN data, the Solana ecosystem Meme coin USELESS has risen by 67% in the past 24 hours, with a market capitalization of $213 million and a 24-hour trading volume of $38 million.Previously, on September 1, Bonk Guy stated that his bullish sentiment towards USELESS currently exceeds that of trading BONK in 2023, and he believes that USELESS had previously risen from a market cap of about $4 million to $450 million in a non-bull market environment. If it experiences a true bull market for the first time in the future, it may see even larger increases. After Bonk Guy's call on the 1st, USELESS rose over 50% that day, with its market cap surpassing $100 million.ChainCatcher reminds users that Meme coins generally have no practical use cases, and their prices are highly volatile, so investment should be approached with caution.

According to sources cited by The Wall Street Journal, Donald Trump Jr.'s 1789 Capital plans to invest an additional approximately $300 million in the prediction market platform Polymarket, as part of a $1 billion financing round led by 1789 Capital. If completed, Polymarket's valuation will reach approximately $21 billion.1789 Capital has previously invested about $200 million in Polymarket, and after this round, it will become one of its largest investors. The largest investor in Polymarket currently is the Intercontinental Exchange (ICE), which previously disclosed holding Polymarket shares valued at $1.6 billion, accounting for about 22% of the company's outstanding shares.

According to Hyperbot data, Huang Licheng's long positions have turned from loss to profit, with the overall position value rising to 132 million USD, including:25x leveraged Ethereum long position valued at 99.8 million USD, with an unrealized profit of 650,000 USD;40x leveraged Bitcoin long position valued at 29.418 million USD, with an unrealized profit of 306,000 USD;10x leveraged HYPE long position valued at 2.861 million USD, with an unrealized profit of 17,800 USD.

According to DefiLlama data, Robinhood Chain's app revenue in the past 24 hours reached $1.84 million, surpassing Ethereum's $1.14 million during the same period, and exceeding Base (approximately $299,000) by more than 6 times. It currently ranks second across all chains, only behind Solana's $5.03 million.Among them, GMGN, Pons, and Uniswap are the three protocols that contributed the most to Robinhood Chain's app revenue, with approximately $803,000, $693,000, and $294,000 in app revenue respectively in the past 24 hours.

According to a report by the Economic Daily, ASE Technology Holding benefited from the increased capacity of Google TPU, significantly adding advanced packaging and testing orders. Intel is accelerating the promotion of its EMIB advanced packaging platform while simultaneously expanding its outsourcing orders to ASE Technology Holding, with the previously raised testing quotes showing benefits. Google continues to increase its AI capital expenditures to expand data centers, using TPU to support the Gemini large model, AI agents, and Google Cloud services. The market estimates that Google TPU will enter a large-scale production phase by 2028, with shipments expected to reach 12 to 15 million units. ASE Technology Holding has mastered 2.5D, 3D advanced packaging, and high-end testing technologies, and Google is also expanding its use of TSMC's advanced processes and CoWoS capacity.Intel is racing to advance its EMIB packaging platform, with major cloud companies like Meta and Google successively adopting the EMIB and EMIB-T platforms. ASE Technology Holding, positioned as a pure testing and packaging foundry, can directly procure organic embedded silicon bridge substrates to undertake backend wafer-level assembly and high-end testing services. Wu Tianyu, the Chief Operating Officer of ASE Technology Holding, believes that Intel's EMIB and TSMC's CoWoS are not zero-sum competitors. As the testing time for AI chips lengthens, the costs of equipment, materials, and labor are rising, and high-end packaging and testing capacity is becoming increasingly tight. Major testing and packaging factories have gradually raised prices based on products, capacity, and customer conditions, with increases of about 5% to 10%.

According to GMGN market data, after the Binance contract went live at 19:30 (UTC+8), the BSC chain meme coin "Niu Lai" surged 10% in the short term, rising from a market value of 93 million dollars to 104 million dollars. "Niu Lai" increased over 85% in 24 hours, with a 24-hour trading volume of 45.5 million dollars.

According to Decrypt, Robinhood Chain achieved its strongest single-day performance since mid-July, with DEX trading volume of approximately $443 million, over 3 million transactions, and the number of active wallets returning to over 115,000, representing a threefold increase from the low of about $14 million in early August. The on-chain leading Meme coin CASHCAT reached a market capitalization of $250 million, setting a new historical high, while PONS rose 30% in a single day to $94.9 million, and Artificial Inu increased by 80% to $58 million.The total value of on-chain RWA reached $41.9 million, covering 202 tokenized assets, with a net inflow of approximately $85 million on Monday, setting a record for the largest single-day inflow since its launch. Robinhood CEO Vlad Tenev stated in a podcast that developers built products that the company had not planned, such as receiving stock token airdrops by holding Meme coins, which innovatively connected Meme coins, core crypto assets, and stock tokens.

On August 27, NVIDIA announced its financial report, with Q2 revenue for FY2027 at $96.2B, a year-on-year increase of 106%. Data center revenue was $89.0B, a year-on-year increase of 117%. The Q3 revenue guidance is $108B, and it anticipates a revenue growth of about 70% for FY28. WEEX TradFi shows that the AI hardware sector is also rising, with Lumentum (LITE) up 10.16% in 24 hours, Arm (ARM) up 8.19%, and Western Digital (WDC) up 7.82%.WEEX Labs believes that this round of market activity is driven by "AI inflection point + high growth guidance," with funds spreading from GPUs to optical interconnects and storage. The short-term main focus remains on re-pricing guidance, and caution is advised regarding volatility after expectations are fulfilled.

Recently, the silver market has continued to perform strongly, with trading enthusiasm continuing to heat up. According to market data from the Gate platform, silver (XAG) reached a high of $69.76 in 24 hours and is currently reported at $69.30. CoinGlass data shows that the open interest for Gate XAG contracts has reached $72.8334 million, firmly ranking among the top two in the industry.

According to official data, last week the overall trading volume of Gate options increased by 182.56% month-on-month, and the number of trading users increased by 136.43% month-on-month; the number of retail trading users increased by 138.99%, with trading scale and user participation both improving.During the same period, the number of new users increased by 154.55% month-on-month, and the trading volume of new users increased by 724.26% month-on-month, further enhancing the participation momentum of new users and continuously expanding the user base. Overall, last week Gate options achieved significant growth in core indicators such as trading scale, user activity, and new user participation, with market activity and business growth momentum continuing to strengthen.In addition, Gate US stock options will soon be launched, covering the top 20 popular US stock targets in fields such as AI technology, semiconductors, electric vehicles, and cryptocurrency finance in the first phase, supporting USDT settlement, and enjoying 0 platform fees and 0 options commissions, providing users with more diverse and convenient trading options.

Although Nvidia's upcoming earnings report and Federal Reserve Chairman Waller's speech at the Jackson Hole annual meeting are the main events of interest for investors this week, traders in the stock derivatives market have already begun preparing for potential volatility increases around the November U.S. midterm elections.Traders focused on volatility in the futures market linked to the VIX index have noted signs indicating that demand for hedging S&P 500 index volatility has increased before and after the elections. VIX futures expiring in September are currently trading at around 17.4, but October contracts have risen to 19, and November contracts have further increased to 19.7.Matthew Thompson, co-portfolio manager at Little Harbor Advisors, stated, "The U.S. elections are approaching, and you are entering a time window where the elections will impact the VIX. You can already see this 'backwardation' in the term structure of VIX futures."A study by analysts at the Chicago Board Options Exchange Global Markets shows that since 1945, in 80% of midterm election years, actual volatility has been higher than the previous year, with an average increase of 3.5 volatility points. In years when both the White House and Congress are controlled by the same party, actual volatility increases by an average of 6 volatility points.

According to Crypto.news, data from CryptoSlam shows that this week, NFT transaction volume increased by 155.23%, rising from $35.29 million last week to $97.86 million. The number of NFT buyers rose by 50.56% to 174,203; the number of NFT sellers increased by 51.33% to 160,382; and the number of transactions slightly increased by 5.38% to 952,541.Ethereum network NFT transaction volume grew by 579.79% to $71.51 million, with the number of buyers increasing by 63.72% to 24,647. The Polygon network ranked second with a transaction volume of $10.55 million, a year-on-year decrease of 10.58%, while the number of buyers grew by 27.35% to 72,226. The Base network ranked third with sales of $4.51 million, an increase of 99.84%, and the number of buyer addresses grew by 86.74% to 2,168. The BNB Chain network followed closely behind, with a transaction volume of $3.59 million, an increase of 107.39%. Its number of buyers grew by 117.48% to 8,895.

The whale "Set 10 Big Goals First" posted on the X platform, stating that it has opened a short position again at $76,000. The logic is quite simple: "When I established a long position around $63,000, the target was originally $74,000. I believe the bull market has returned, and this judgment has not changed until now. However, I have always believed that this round should be a volatile upward trend. At least currently, from a macro and market structure perspective, I have not seen enough signals to support this trend."Currently, most of the short positions have been reduced. "Not because I have changed my judgment, but to control risk first. If there is a continued extreme upward pull here, $82,000 and $84,000 are both possible, so there is no need to take a full position to bet that my judgment is definitely correct.If the daily line effectively closes above $80,500, then I will admit my mistake on this trade, close everything, and take a break for a while. If it ultimately cannot hold here and weakens again, I will consider adding back the reduced short positions."The whale "Set 10 Big Goals First" reiterates its medium-term view as follows: "In the medium to long term, I still hold a bullish view on BTC, but being bullish in the medium to long term does not conflict with shorting locally. I am taking this short position to profit from the pullback during the upward process, not to view it as a bear market again. If I am wrong, I will admit my mistake above $80,500. I still believe that we will see $100,000 BTC by March next year."

CryptoQuant analyst BorisD stated that the main driving force behind this round of Bitcoin's rise is not spot buying, but rather passive buying triggered by the concentrated liquidation of short positions in the Binance futures market.Data shows that Binance's short squeeze value reached 6.94 this week, higher than the 5.38 in November 2024, marking the highest level since then. If there is a lack of sustained spot demand to support it, the futures-driven rebound may still face the risk of a pullback after the momentum weakens.

According to CoinDesk, the U.S. Treasury announced that from September 9 to November 4, the limit for single long-term U.S. Treasury bond repurchases will be raised from $2 billion to at least $4 billion, using short-term debt financing instead of "printing money," which the market views as a liquidity management operation similar to "Operation Twist 2."Although officials emphasize that this measure is not quantitative easing (QE) or yield curve control (YCC), it is interpreted as a signal of policy concerns regarding rising financing costs against the backdrop of long-term yields reaching nearly a twenty-year high and high fiscal deficits. This has strengthened expectations for a more aggressive YCC in the future, driving Bitcoin to surge short-term, breaking through $78,000, with a weekly increase of 23%. Gold has also strengthened, while the dollar weakened, intensifying market volatility due to short covering.

Liquid Capital (formerly LD Capital) founder Yi Lihua stated that since May, after judging that the rebound had ended, he has mainly focused on one thing over the past two months: that July to August may be the last opportunity to bottom out in this round of BTC. With Bitcoin's daily level strongly breaking through the 120-day moving average and the 200-day moving average, while also breaking through the 20-week moving average at the weekly level, the BTC bear market trend has officially ended.He mentioned that the market is still bullish in the next two weeks, but after rising to a certain position, a pullback may still occur. The subsequent pullback will not exceed 50% of the upward movement. If investors use leverage, it is recommended to reduce long positions and refer to the weekly trends and pullback amplitudes during the 2023 upward cycle. This round of Bitcoin has dropped from a high of $126,000 to $57,000, with a maximum drop of about 56%. He believes that this drop has formed a cyclical low point, and it will be difficult for the market to see BTC prices starting with $50,000 again.

According to 8 Market data, the market capitalization of Bitcoin is currently reported at $1.5 trillion, surpassing Meta (market capitalization of $1.39 trillion), ranking 13th in global asset market capitalization.In addition, the market capitalization of Ethereum has risen to $283.89 billion, surpassing Dell and ranking 72nd in global asset market capitalization.