Weekly Hotspot Review in the Web3 Field

This week, there have been frequent hot events in the Web3 field, with multiple sectors showing active trends.

Competition in the Meme Launch Platform Heats Up

Emerging platforms are challenging the dominance of Pump.fun, and the simultaneous issuance of Glonk tokens across multiple platforms has attracted attention. Although the Believe platform's token LAUNCHCOIN has surged, it has also exposed ecological concerns, leading to a negative shift in community sentiment. LaunchLab produces 198 tokens daily, pressuring Pump.fun to offer benefits to creators. Multiple platforms are engaging in an intense battle for traffic, and the market landscape may be reshaped.

A data platform has launched the Launch function and debuted the Aster project, demonstrating its intention for ecological transformation.

Ethereum Ecosystem Warming Up

The price of ETH has rebounded strongly, driving the staking sector to heat up. The market's expectations for the staking function of ETH spot ETFs have increased, making related projects a hotspot for capital pursuit.

Stablecoin Market Dynamics

A stablecoin issuer's market capitalization has surpassed 150 billion USD for the first time, accounting for 62%. Tech and finance giants are entering the market, intensifying competition. Leading issuers are consolidating their market positions through various means.

Hong Kong RWA Layout Accelerates

Many tech giants are accelerating the implementation of RWA projects in Hong Kong. Domestic enterprises are seeking asset on-chain and tokenized financing, making Hong Kong an important testing ground.

The Trend of Integration Between AI and Cryptocurrency

The rise of the AI agency economy is expected to make cryptocurrency its foundation of trust. AI Agent projects like Virtuals and CreatorBid have attracted attention. A certain public blockchain has launched an All in AI strategy to seek breakthroughs in the current predicament.

Other Hotspots

• Bitcoin is viewed as a global alternative asset in the context of de-dollarization.
• SEC Chairman calls for modernization of cryptocurrency asset regulation
• Cryptocurrency wealth has raised security issues, and kidnapping cases are frequent.
• The Alpha points activity of a certain exchange may bring an overflow effect of traffic to other ecosystems.
• The Bitcoin ecosystem is warming up, and a new round of "protocol wars" is about to begin.
• The concept of RWA has become popular, but it has also raised questions.
• A former politician's family stablecoin project is expanding rapidly.

Overall, the Web3 market showed signs of recovery this week, with emerging concepts and sectors continuously emerging, and the industry landscape may undergo a new round of reshuffling.