This Week's Web3 Highlights: Market Trends, AI Projects, and Regulatory Developments

Macroscopic Perspective

Masayoshi Son may collaborate with Cantor Fitzgerald to establish a cryptocurrency joint venture with a total scale of $3 billion, in partnership with the largest stablecoin issuer. This move could signify a new phase in the Bitcoin accumulation strategy.

The SEC under the leadership of Paul Atkins is seen as a "reset moment" for US crypto regulation, with the industry hoping it can reshape the US crypto market.

A global trend of "abandoning the United States" is emerging, with investors leaning towards shorting the dollar and holding more gold and Bitcoin.

The crypto market may see a trend reversal, with short-term capital providing opportunities for altcoins. Analysis indicates that if the traditional market does not further deteriorate, Bitcoin could reach new highs in the third or fourth quarter.

A study looks forward to 2025 and predicts that the next global financial center will be dominated by cryptocurrencies in crypto-friendly cities.

AI and Meme Project Updates

The holdings of large investors in the TRUMP token have shown significant changes over the past three months, with 86.9% of large investors choosing to liquidate their positions, and some investors facing unrealized losses exceeding $30 million.

The AI token market has entered the second half, and some emerging potential projects are worth paying attention to.

The Virtuals Protocol has launched a new release mechanism called Genesis Launch on Base, aimed at redefining token distribution rules.

DARK, as an AI meme token, has attracted attention, with its highly concentrated chip distribution becoming the focus of the market.

auto.fun is now online as a new Launchpad platform, and its future development still needs to be observed.

Emerging Projects and Investment Opportunities

Industry experts have selected 10 early-stage projects worth paying attention to, covering various fields from DeSci to institutional-level DeFi.

Ambient, as a fork chain of Solana, retains high speed and efficiency features while introducing the PoL consensus mechanism.

Runes 2.0 in the Bitcoin ecosystem: Alkanes & RSM are seen as potential next ORDI.

The Neutrl project proposes a new model: users deposit stablecoins, and the platform helps short VC tokens.

The success of BONK provides investors with a reference for choosing quality altcoins.

Web3 Industry Trends

The marketing of meme coins related to Trump has sparked discussion, and the authenticity of its "Presidential Dinner" event is being questioned.

Upexi, a publicly listed company in the US stock market, has secured $100 million in financing in the crypto sector and is betting on the Solana ecosystem.

Zora's token issuance has faced dissatisfaction from the community, with early users feeling "backstabbed"; the average airdrop was only $37.

Ed Felten, co-founder of Offchain Labs, shared the future development path of Arbitrum.

Synthetix faces a de-pegging dilemma with sUSD, creating arbitrage opportunities in the market.

Binance Wallet IDO has become a new way for project cold starts, but it places higher demands on project operations.

The development of RWA on various public chains varies, with Ethereum still leading the way.

Bybit founder Ben shared the development history and future plans of the exchange.

Cutting Edge Technology

Vitalik proposed to reconstruct the Ethereum execution layer using RISC-V, showcasing the ambition to build a modular architecture compatible with multiple virtual machines.

The competition between EIP3074, ERC4337, and EIP7702 in Ethereum governance has attracted attention.

On-chain messaging has become an important response measure after the theft of crypto assets.

The Thunderbolt protocol reconstructs the off-chain interaction logic of the Bitcoin chain through a soft fork, bringing new possibilities to BTCFi.

Industry News

Twenty One announced that it will launch with a holding of over 42,000 BTC.

Trump admits that tariffs on China are too high and expects to significantly reduce them.

The founder of Telegram stated that he would rather exit the market than compromise on cryptocurrency technology.

Details of the U.S. strategic Bitcoin reserve may be disclosed in the coming weeks.

The founder of Cardano has expressed doubts about the long-term survival of Ethereum.

Russia will pilot the establishment of a cryptocurrency exchange, limited to participation by high net worth investors.

FLock.io announced a collaboration with Alibaba Cloud to develop AI models, and the price of FLOCK surged.