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VIPBitget VIP Weekly Research InsightsIt's been nearly two months since the trend of celebrities and politicians launching memecoins began. During this period, liquidity in the Solana ecosystem almost dried up. Pump.fun, which once saw over 2000 successful launches landing on DEXs daily, hit a low of just slightly over 50 new projects per day, marking a drop of nearly 97%. During the two months, Pump.fun also rolled out its own DEX, Pump Swap, while major centralized exchanges (CEXs) accelerated their transition and put toward products combining spot and on-chain transactions. These offerings help bridge the liquidity gap between CEXs and on-chain trading, in order to capture opportunities in early-stage tokens' hype and drive a faster recovery in Solana's on-chain liquidity.
- 15:12BTTC Unveils Layer2 Scaling Upgrade Plan to Enhance Cross-Chain Transaction EfficiencyAccording to ChainCatcher, official sources report that BTTC has launched a new generation Layer 2 scaling solution, which leverages technological innovation to significantly enhance blockchain network performance and user experience while ensuring decentralization. This solution is said to be fully compatible with the Ethereum ecosystem, supporting seamless migration of existing applications and providing users with a high-throughput, ultra-low fee transaction environment. Its core advantages include fast and low-cost transactions, free asset interoperability across Ethereum, TRON, and BSC, as well as a developer-friendly system based on PoS consensus and multi-node validation, empowering developers to efficiently build cross-chain applications.
- 15:12James Wynn’s PEPE Long Position Partially Liquidated Eight Times, Nearly $1 Million Lost in the Past WeekAccording to a report by Jinse Finance, OnchainLens monitoring shows that James Wynn's 10x leveraged long position in PEPE has been partially liquidated eight consecutive times, resulting in a loss of nearly $1 million over the past week, with only $32,000 remaining in the wallet.
- 14:58Data: The number of validators in Ethereum’s exit queue has reached 744,000, hitting a record highAccording to ChainCatcher, citing The Block, as of July 26, the number of Ethereum validators in the exit queue has reached 744,000, hitting an all-time high. It is reported that in the previous two weeks, the average daily number of exiting validators was only about 1,000. Analysts believe this situation may be due to a liquidity shock on the Aave lending platform, where approximately 167,000 ETH (worth over $630 million) was withdrawn from Aave’s lending pools, causing the annual lending rate for wrapped ETH (wETH) to surge from around 3% to double digits. The rise in interest rates turned previously profitable leveraged staking strategies using staked ETH (stETH) into losses, forcing traders to repay loans and seek native ETH.