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VIPBitget VIP Weekly Research InsightsAs markets begin pricing in expectations of rate cuts, on-chain trading volume continues to grow. Pump.fun is preparing to launch its token, while Letsbonk.fun is gaining momentum. For the first time last week, its number of daily token launches and "graduated" projects surpassed Pump.fun, ending Pump.fun's dominance in the memecoin launchpad space since early 2024. The wealth effect generated by Letsbonk.fun's ecosystem has also been significant. Meanwhile, the growing maturity of hybrid "spot + on-chain" products on major centralized exchanges (CEXs) is helping build strong momentum for on-chain market activity. Since the memecoin craze driven by celebrities and political figures earlier this year, market liquidity has gradually recovered from near-dry conditions. The upcoming token launch on Pump.fun may spark renewed ecosystem-level competition among launchpad platforms, generating sustained speculative momentum that continues to benefit the broader Solana ecosystem.
- 02:13A-shares digital currency sector rallies amid volatility, Eastcompeace hits daily limitAccording to market data reported by Jinse Finance, the digital currency sector of A-shares has shown strong volatility and upward momentum. Eastcompeace hit the daily limit, while Wonders Information rose by more than 5%. China Commodity City, Xincheng Technology, and Taiji Computer also followed with gains. (Jin10)
- 02:07Three new addresses accumulated 74,207 ETH worth approximately $273 million in the past 10 hoursAccording to a report by Jinse Finance, on-chain analytics platform Lookonchain (@lookonchain) has monitored that three new wallets have purchased 74,207 ETH (worth $273 million) in the past 10 hours (UTC+8). Since July 9, a total of eight new wallets have accumulated 540,460 ETH (worth $1.99 billion).
- 01:57Anchorage Digital Announces Launch of Stablecoin Issuance PlatformAccording to ChainCatcher, Bloomberg reports that Anchorage Digital has announced the launch of a stablecoin issuance platform aimed at helping clients capitalize on the anticipated surge in asset-backed tokens following the passage of key U.S. cryptocurrency legislation. As the parent company of Anchorage Digital Bank, it is the only operational cryptocurrency company holding a national trust charter regulated by the U.S. Office of the Comptroller of the Currency (OCC), and is positioning itself as a leading institutional stablecoin issuer.