Selected news:

1. 34.62 million SUI will be unlocked at 8:00 on April 3, accounting for 2.81% of the circulating supply;

2. Tether added another 8,888 Bitcoins in the early hours of this morning, and its total holdings exceeded 75,000;

3. Pendle TVL exceeded US$3.4 billion, a record high;

4. Glassnode: The current Bitcoin price performance is very consistent with the 2018-2021 cycle;

5. 1confirmation DEGEN, which was purchased for US$1 million in February this year, is now worth US$105 million;

Price Watch

PENDLE broke through 5 US dollars and continued to hit a record high

According to market data, PENDLE exceeded 5 US dollars and continued to hit a record high. Now The price is quoted at US$5.11, a 24-hour increase of 12.3%.

WIF Breakthrough 4.85 US dollars, repeatedly hitting all-time highs

According to market data, WIF fell back after breaking through 4.85 US dollars, repeatedly hitting all-time highs. It is currently quoted at $4.80, with a 24-hour gain of 4.14%.

LQTY Breakthrough 2 US dollars, a 24-hour increase of over 28%

According to OKX market data, LQTY exceeded 2 US dollars and is now quoted at 2.032 US dollars, with a 24-hour increase of 28.36%.

DEGEN short broke through $0.06, a 24-hour increase of 37.4%

According to CoinGecko data, DEGEN briefly broke through $0.06 in the early hours of this morning and is now quoted at $0.05664, a 24-hour increase of 37.4%.

CORE's 24-hour increase reached 97.5%, and is now quoted at $2.85

According to OKX market data, CORE's 24-hour increase reached 97.5%, and is now quoted at $2.85.

SOL rose above $200, with a 24-hour increase of 4.26%

According to OKX market data, SOL rose above $200 and is currently quoted at $202, with a 24-hour increase of 4.26%.

Solana ecosystem tokens have seen a general rise, JITO 24-hour increase 28.3%

According to CoinGecko data, Solana ecosystem tokens have seen a general rise, including:

JITO 24-hour increase 28.3%, currently quoted at $4.13

JUP 24-hour increase 17.2%, currently quoted at $1.77

RAY 24-hour increase 14.2%, currently quoted at $2.41

PYTH 24-hour increase 12.5%, currently quoted at $1.04 USD

Transaction Tracking

Tether added another 8,888 bitcoins this morning, and the total holdings exceeded 75,000

According to data on the chain, the address marked as Tether added another 8,888 Bitcoins at 1:21 am Beijing time today, equivalent to approximately US$630 million. Total holdings amount to 75,354.08 Bitcoins, currently worth $5.34 billion.

An address The profit from trading DEGEN exceeded US$3.3 million

According to Lookonchain monitoring, a certain address made a profit of US$113,000 to US$3.4 million by trading DEGEN.

The address bridged 38 ETH (approximately $113,000) to Base on February 22, and spent 31.6 ETH ( (approximately US$108,000) purchased 85.36 million DEGEN.

15 hours ago, he sold 72.73 million DEGEN and exchanged it for 2.83 million USDC. There are still 12.6 million DEGEN left at the current address (approximately 600,000 Dollar).

1confirmation this year DEGEN, which was bought for US$1 million in February, is now worth US$105 million

According to Nansen data, 1confirmation bought DEGEN worth US$1 million in early February this year, and the average purchase price at that time was The price is US$0.00054111, and the investment is currently worth approximately US$105 million.

It is reported that the DEGEN purchased through this investment will be released linearly starting on February 12, 2024 and ending on February 12, 2026. There will be a one-time unlocking node on the same day.

Project News

Overview of unlocking data this week: 34.62 million SUI will be unlocked at 8:00 on April 3, accounting for 2.81% of the circulating supply

According to Token Unlocks data, this week SUI, GAL, and HFT will usher in a one-time large-scale unlocking of tokens, among which:

Acala will be unlocked on 4 At 15:00 on April 1st, 27.43 million ACAs will be unlocked, worth approximately US$5 million, accounting for 2.85% of the circulating supply;

Sui will be unlocked on April 3 34.62 million SUI will be unlocked at 8:00, worth approximately US$65.08 million, accounting for 2.81% of the circulating supply;

Liquity will unlock at 8:00 on April 5 Unlock 662,800 LQTY (of which approximately 5,480 tokens are unlocked daily for a total of 1 year), worth approximately US$1.028 million, accounting for 0.69% of the circulating supply;

Galxe will unlock 3 million GAL at 8:00 on April 5, worth approximately US$14.51 million, accounting for 3.34% of the circulating supply;

Hashflow will unlock 13.62 million HFT at 8:00 on April 7, worth approximately US$6 million, accounting for 3.56% of the circulating supply;

NFT card game Parallel public beta season 2 has been launched

According to official news, the NFT card game Parallel announced that its second season of public beta is now online.

Meme Project Milady: LADYF token application delayed due to network issues

Meme project Milady issued a statement stating that due to ongoing Solana network congestion issues, LADYF token application will be delayed. The team is actively working to resolve this issue and will provide an update as soon as possible.

Bitcoin The new asset protocol RGB++ has been launched on the Bitcoin test network for public testing

Cipher, the author of the RGB++ protocol, said that RGB++ has been launched and is in public testing. The protocol solution includes multiple components such as protocol specifications, Bitcoin SPV, SPV proof generator, RGB++ SDK, etc., providing developers and early adopters with no need to A permissioned and trustless deployment environment where anyone can deploy and interact with Turing-complete scripts on the Bitcoin network.

Satoshi Protocol Announcing the official launch of the mainnet, the invitation and recommendation activities will be launched simultaneously

Bitcoin ecological project Satoshi Protocol tweeted that the protocol has been launched on the mainnet following BEVM on March 28.

Satoshi Protocol is the first CDP stablecoin protocol on BEVM. Currently, the protocol has accumulated more than 100,000 users in the community, and the total number of Twitter followers exceeds 60,000 , there are more than 100,000 valid addresses participating in the test network, and the total number of NFT Mint in creation exceeds 80,000. It has completed a seed round of financing, jointly led by Web3Port Foundation and Waterdrip Capital.

It is reported that after the Satoshi Protocol is launched on the main network, the recommendation invitation activity will be launched simultaneously. After completing the opening of a position and lending the stable currency SAT and inviting others, you can get points rewards. It will serve as the basis for subsequent airdrops of ecological token OSHI. The agreement has seen a lot of action recently, and plans such as genesis mining are expected in the second quarter of 2024.

NFT project Quackies will airdrop to users who staked RuneStone in Merlin'S Seal, snapshot has been completed

NFT project Quackies is ready to airdrop to users who staked RuneStone in Merlin'S Seal. The snapshot is now complete and each address can receive up to 1 Quackies NFT airdrop.

Quackies is the first PFP pixel cute style Freemint NFT project on the MERLIN chain, with a total of 10,000 pieces. The remaining NFTs after the airdrop will be launched for free in the future.

UniSat: upgraded to v1 .2.10, supports 5-byte BRC20

UniSat posted on social platforms that UniSat has been upgraded to v1.2.10.

·Support 5-byte BRC20: UniSat has been set to 5-byte display;

·Enhanced BRC20 display: The display mode of BRC20 on UniSat has been upgraded. Invisible characters will now be displayed in the form of URI encoding, making it easier to identify code names.

CEX Information

Binance has deposited more than 17.8 million BNB and 1.864 billion FDUSD in this period of new currency mining

According to the official According to data, the 50th phase of Binance’s new coin mining (synthetic USD protocol Ethena) has deposited more than 17.8 million BNB and more than 1.864 billion FDUSD.

Opinion data

The daily active users of the Base mainnet exceeded 450,000 yesterday

Dune Analytics data shows that on March 30, the Base mainnet Daily active users exceeded 450,000, reaching 458,826, the second highest in history. It is reported that the highest record is 902,300 daily active users set on March 16, 2024.

Doodles Founder People: Like the last cycle, market attention will return to the NFT field

Doodles founder poopie said on social platforms that in the long run, persistence trumps attention. The team hasn’t stopped building, and NFTs with their excellent origins haven’t changed either. As in the last cycle, market attention will return to the NFT space.

Pendle TVL Breaking through US$3.4 billion, reaching a record high

According to DeFiLlama data, the total TVL of DeFi yield market Pendle has exceeded US$3.4 billion, reaching a record high of US$3.404 billion, with a monthly increase of 61.86% .

ALT Staking The total value exceeded US$45 million, with the current APR reaching 33%

According to official data, the total value of AltLayer ALT token pledges exceeded US$45 million, reaching US$45.89 million. The number of tokens pledged reaches 75,779,521, and the current APR is tentatively reported at 33%.

Ethereum Layer2 TVL has rebounded to US$39.4 billion, a 7-day increase of 8.60%

According to L2BEAT data, the current Ethereum Layer2 total lock-up volume (TVL) has rebounded to US$39.4 billion, with a 7-day increase of 8.60%. 8.60%. Among them, the top five locked positions are:

Arbitrum One (USD 16.98 billion, an increase of 4.94% on the 7th);

OP Mainnet (USD 8.43 billion, an increase of 9.91% on the 7th) );

Base (USD 3.20 billion, a 7-day increase of 62.69%);

Blast (USD 2.64 billion, a 7-day increase of 9.66%);

Starknet (USD 1.54 billion, an increase of 8.21% on the 7th).

Polygon Labs CEO: L3 will deprive Ethereum of its value, Polygon Labs will not develop L3

Marc Boiron, CEO of Polygon Labs, posted on social media that the existence of L3 deprives Ethereum of its value. If all L3s are concentrated on one L2, then Ethereum will basically have no value, and Ethereum's security will be at risk, which is why Polygon Labs will not develop L3.

Glassnode: The current Bitcoin price performance is very consistent with the 2018-2021 cycle

Blockchain analysis company Glassnode recently published an article disclosing that as the price of Bitcoin has fallen 15.4% from its latest historical high of $73,000, this price performance is very consistent with the previous 2018-2021 cycle.

Bitwise Chief Investment Officer: Hope that the US SEC will postpone the approval of the spot Ethereum ETF to December

According to Forbes, Bitwise, the latest applicant for the spot Ethereum ETF, hopes that the US SEC will postpone its approval until December. Bitwise Chief Investment Officer Matt Hougan believes that the asset management industry is too focused on Bitcoin products and cannot provide the necessary attention for the booming development of Ethereum ETFs.

It is understood that Bitwise's spot BTC ETF is currently ranked fifth in the Cointucky Derby, managing more than $2 billion in assets.

Financing Express

AI security platform Rug.AI completed US$1.1 million in Pre-Seed round of financing, led by No Limit Holdings

Artificial intelligence security platform Rug.AI announced the completion of a $1.1 million Pre-Seed round of financing, led by No Limit Holdings, with participation from institutions and angel investors such as Mask Network, Builder Capital, Formless Capital, Prismatic Capital, Roshun Patel, Pentoshi, Avi Felman, MacnBTC and Andrej Radonjic.

Regulatory News

FTX Digital bankruptcy liquidator plans to distribute funds to creditors by the end of 2024

According to the minutes of the meeting of the joint official liquidators of FTX Digital in the Bahamas, the FTX bankruptcy estate has set a goal of starting to repay customers by the end of 2024, that is, to distribute the first batch of funds to creditors by the end of 2024.

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