1. CEX popular currencies
CEX top 10 trading volume and 24-hour rise and fall:
BNB: -0.78%
BTC: -0.27%
ETH: 1.83%
TRX: 10.16%
BMT: 64.48%
DOGE: -0.05%
CREAM: 1.80%
SOL: -0.22%
XRP: -0.92%
UFT: -5.73%
24 H increase list (data source: OKX):
EOS: 29.16%
RAY: 21.85%
X: 19.72%
MAX: 16.19%
RSS3: 14.40%
AUCTION： 14.21%
RDNT: 13.35%
NEO: 9.94%
CETUS: 8.97%
TRX: 8.55%
2. Top 5 popular memes on the chain (data source: GMGN ):
FINGER
SENNA 12
YIELD
Panther
ZENIGGA
Headlines
SlowMist: Attackers exploit Four.meme vulnerability to steal pool liquidity
According to SlowMist monitoring, the attacker purchased a small amount of tokens through the Four.meme function (0x 7 f 79 f 6 df) and used this function to send tokens to the PancakeSwap trading pair address that had not yet been created. This move allowed the attacker to create trading pairs and add liquidity, bypassing the transfer restrictions of the Four.meme Token released in April, and ultimately adding liquidity at an inappropriate price, stealing the liquidity in the pool.
EOS Network announces rebranding to Vaulta, enters Web3 banking business
EOS Network announced its transformation to Web3 banking. The brand will be renamed Vaulta. On the one hand, it will provide blockchain-based services customized for banks; on the other hand, it will provide a broader financial ecosystem, including exSat’s Bitcoin banking solutions, blockchain insurance, tokenized real-world assets, etc.
The transformation includes a token swap, which is tentatively scheduled for the end of May. In addition, Vaulta will set up a banking advisory committee composed of experts in the financial and blockchain industries, dedicated to bridging the gap between traditional banking and Web3, including executives from Systemic Trust, Tetra and ATB Financial.
Vaulta plans to retain the EOS network technology infrastructure, including smart contract architecture, decentralized database, and cross-chain connectivity. As part of the Web3 banking initiative, the platform will be integrated with exSat, a Bitcoin-focused digital banking solution.
In addition, Vaulta also plans to cooperate with Ceffu, Spirit Blockchain and Blockchain Insurance, and is expected to announce strategic partnerships in the coming months.
Raydium to launch LaunchLab to compete with Pump.fun for Solana Meme Coin market
According to Blockworks, Raydium, a decentralized trading platform in the Solana ecosystem, launched the Meme coin issuance platform LaunchLab. The platform provides linear, exponential, and logarithmic curve pricing models, and allows third-party UIs to customize fees, while supporting a variety of quote tokens and integrating Raydiums liquidity locking function.
Previously, Pump.fun planned to launch its own AMM to reduce its dependence on Raydium, causing Raydiums native token RAY to fall 25% in February. Raydium core contributors said that LaunchLab is not intended to replace Pump.fun, but to provide more options for teams that do not want to develop contracts on their own.
The Federal Reserve FOMC meeting will be held on March 18-19, and the market may see price fluctuations in the coming days, with an important announcement regarding interest rates coming at 2 pm EST on March 19. Bitcoin must turn the $85,000 resistance level into support to aim for a higher high of $90,000.
Analyst SuperBitcoinBro noted that Bitcoin’s “worst case scenario” could be at $71,300 and $73,800, while another analyst, Nebraskangooner, said the FOMC is an unknown and that BTC would have to reclaim $86,250 to confirm the bullish scenario on the lower timeframes.
Industry News
According to official news, Japanese listed company Metaplanet announced that it had increased its holdings of 150 bitcoins. After this purchase, Metaplanets total bitcoin holdings reached 3,200.
Strategy plans to issue 5 million preferred shares to raise funds to buy more Bitcoin
According to market news: Documents disclosed by the U.S. Securities and Exchange Commission show that as part of its ongoing Bitcoin funding strategy, Strategy (formerly MicroStrategy) plans to issue 5 million Class A Perpetual Strife preferred shares to raise funds to purchase more Bitcoin.
Project News
Monad testnet has over 20 million active users
According to on-chain data, the Monad testnet has over 20 million active users (20,823,809) so far. The number of new user addresses has exceeded 2.4 million in the past three days.
MyShell plans to use the frozen 8 million USDT to repurchase SHELL within 90 days
MyShell released details about the SHELL token repurchase plan: A total of 8 million USDT generated from SHELL transactions have been frozen in the market makers Binance account; these assets will all be used for the SHELL repurchase plan, which will be implemented within 90 days. The repurchase operation will provide stable support for the token value and inject confidence into investors; to ensure full transparency, all repurchased SHELL tokens will be transferred to the on-chain wallet after each repurchase transaction.
Solana Removes Controversial Ad Following Crypto Community Backlash
Solana has removed its “America’s Back — Time to Accelerate” ad following a backlash from the crypto community. The ad drew a lot of criticism after it was released, with many calling it “offensive” and “divisive,” especially after a young man in the video said, “I want to invent technology, not gender.”
The content of the ad was criticized as being contrary to the inclusive values of the crypto industry. Several industry insiders said that the controversial practice of the ad may be to attract attention, but this strategy may alienate the global crypto community. Solana co-founder Anatoly Yakovenko also said that the previous ad was more effective.
At present, Solana has not made an official response to this incident.
According to official news, the consumer-grade public chain Morph officially launched the Morph Black Card. The Morph Black Card and its high-end benefits will be obtained through limited Morph Pay NFT sales. The limited sale of Morph Pay NFT will officially start on March 27.
Vitalik sold various memes and received about $136,684 worth of ETH
According to Onchain Lens, Ethereum co-founder Vitalik Buterin recently minted 315,382 DAI and sold a variety of meme coins, exchanging a total of 71.69 ETH (about 136,684 US dollars). The specific transactions include: 146.18 B FML for 2.51 ETH; 180.88 B SHIB for 0.987 ETH; 7.17 B VB for 1.57 ETH; 366.47 M AWESOME for 1.44 ETH.
In addition, he previously sold 5,000 DHN for 65.19 ETH.
Investment and Financing
Web3 startup Halliday completes $20 million Series A funding, led by a16z Crypto
Web3 startup Halliday announced the completion of a $20 million Series A financing, led by a16z Crypto. Halliday completed a $6 million seed round in 2022, and a16z Crypto was also the lead investor. The company mainly provides gamers with a play now, pay later option, making in-game purchases and NFT ownership proof more affordable and convenient for gamers who may be annoyed by the high prices of NFTs in games.
Opinion Labs announces $5 million seed round led by YZi Labs
According to official news, Opinion Labs announced the completion of a US$5 million seed round of financing, led by YZi Labs, with participation from echo, Animoca Ventures, Manifold, Amber Group and others.
It is reported that Opinion Labs was one of the four best performing projects in the previous Binance Labs MVB program.
Multi-engine Web3 gaming platform PlaysOut completes $7 million seed round led by Kenetic Capital
Multi-engine Web3 game platform PlaysOut announced the completion of a $7 million seed round of financing, led by Kenetic Capital, KBW Ventures, and others, with participation from Gam 3 Girl Ventures, Oak Grove Ventures, Aptos, Yugana Labs, Sentor Investments, Longling Capital, and others, with a valuation of $70 million. The new funds are intended to be used to promote its efforts to bridge the gap between Web2 and Web3, enabling developers to unlock monetization models by building assets on the chain and exploring token-based incentives, NFT integration, and blockchain-driven economies.
Exactly Protocol, a decentralized lending protocol based on the Ethereum mainnet, announced the completion of a $2 million financing round, with participation from Bodhi Ventures, Newtopia, NXTP Ventures and Kaszek Ventures, as well as Synthetix founder Kain Warwick, Decentraland co-founder Esteban Ordano and others. The new funds will support its launch on the Ethereum second-layer network Optimism in the coming months, using the open source non-custodial DeFi protocol to provide borrowers and lenders with DeFi credit functions that support floating and fixed rates.
Crypto API Development Company Crossmint Completes $23.6 Million Funding, Led by Ribbit Capital
Crossmint, which supports developers to add cryptocurrency functions to their code, announced that it has raised a total of US$23.6 million through seed, A and strategic rounds of financing. Ribbit Capital led the investment, with Franklin Templeton, Nyca, First Round and Lightspeed Faction participating. Crossmint supports developers to launch programs on the Ethereum blockchain by inserting Crossmints API, or create wallets to store users bitcoins.
According to official news, the crypto prediction platform Yeet announced a $7.75 million seed round of financing completed last summer. The financing was led by Dragonfly, with participation from Primitive Ventures and Mirana Ventures. In addition, angel investors such as Pudgy Penguins CEO Luca Netz, LayerZero CEO Bryan Pellegrino, and LambdaClass also participated.
It is reported that Yeet was co-founded by Michael Anderson (alias Mando), a well-known figure in the encryption field, anonymous trader Keyboard Monkey and professional poker player Ben Lamb. It focuses on prediction market for encryption users and its target users are encryption native groups with high risk preferences.
Delphi Ventures Announces Investment in Ekubo Protocol
Delphi Ventures announced on X that it has invested in Ekubo Protocol, the former Starknet ecosystem DEX that has now been deployed to the Ethereum mainnet through version v2.
Character Voice
Dragonfly Capital partner Hasseb Qureshi said on X that after meeting with several people from the Ethereum Foundation (EF) at the ETH SF conference, he has become more optimistic about Ethereum.
Hasseb mentioned that there is now a real sense of urgency and consensus in EF, and that things need to change. The situation is no longer what it was in 2020, and EF is aware of this, and they also want Ethereum to continue to remain important. They are collecting opinions from investors and developers, and thinking about how to replicate the success of the Solana Superteam in the Ethereum ecosystem. The focus on research and academia is decreasing, and more is being focused on capital building and the entrepreneurial process. Ethereums leadership has been subject to a lot of criticism, and you need to know this - these criticisms are working, they are listening, and they are seriously thinking about how to adapt.
Hasseb concluded: “I am now long ETH.”
Multicoin Capital co-founder: SOL ETF performance will surpass ETH ETF
Kyle Samani, co-founder of Multicoin Capital, said that due to Solanas fees and lower market capitalization, Solana-based exchange-traded funds (ETFs) may outperform Ethereum-based ETFs. Kyle Samani is reportedly a major investor in SOL and many of its ecological protocols, and he has been publicly urging the U.S. Securities and Exchange Commission (SEC) to give a positive evaluation of the SOL ETF.
“From an investment perspective, Solana’s theoretical P/E ratio is much healthier than Ethereum’s,” said Samani. He calculated that Solana’s P/E ratio is 30 to 50 times, while Ethereum’s P/E ratio is closer to 1,000 times.”
Odaily Note: The price-to-earnings ratio is an indicator to measure the valuation of a companys stock. It is calculated by dividing the share price or market value by earnings per share. A high price-to-earnings ratio means that the company is overvalued, while a low price-to-earnings ratio means that the company is undervalued. Combining blockchain revenue and tokens can also determine the level of this indicator.
Matrixport released a chart today saying that although the surge in stablecoins slowed down in the fourth quarter of 2024, the overall growth momentum continued, indicating that funds continued to flow into the crypto market.
It is worth noting that despite the impact of the European MiCA regulatory framework on USDT, there has been no large-scale capital outflow from the market. As stablecoin inflows steadily increase, Bitcoin demand may grow accordingly, further driving up prices.
Gautam Chhugani, an analyst at brokerage firm Bernstein, believes that the current cycle is still in its early stages and that cryptocurrencies are able to transform from speculative asset classes to digital capital markets based on practicality, against the backdrop of the most crypto-friendly U.S. government. He explained: We still believe that the $100,000 Bitcoin price level is not the peak of the cycle, and the Bitcoin market still has a lot of stamina. Bitcoin is expected to reach a cycle peak of $200,000 by the end of 2025. If the market is still uneasy about the macro economy and Trumps sabotage risks in 2025, we may see the realization of the Bitcoin cycle high delayed, and we may see the Bitcoin bull market cycle extended to 2026.
