News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

Recent bullish news surrounding a potential Solana ETF has reignited market optimism. The SEC has asked issuers to update their S-1 filings, signaling that ETF approval could be near. This development has boosted confidence in the Solana ecosystem. As a high-performance Layer-1 blockchain, Solana (SOL) offers fast transactions and low fees, making it a hub for DeFi and NFT activity, while also drawing increasing institutional interest. Jito (JTO), the leading liquid staking protocol on Solana, saw its token surge 17% after JitoSOL was included in a Solana ETF prospectus. Its MEV optimization further enhances network value. Jupiter (JUP), Solana's top DEX aggregator with a 95% market share, recently launched a lending protocol, highlighting strong growth potential. These tokens offer investors early exposure ahead of a possible ETF approval and a chance to benefit from Solana's expanding ecosystem.

The crypto market has recently been affected by multiple uncertainties, posing significant challenges for investors. Since the Trump administration took office, its foreign policy has shifted rapidly and unpredictably. For example, in early 2025, the U.S. Unexpectedly tightened restrictions on tech exports to China, leading to diverging views on the future of blockchain-related technologies. Although Trump has repeatedly voiced support for cryptocurrencies on social media, no concrete policies have followed. This ambiguity has made market sentiment swing between optimism and caution, leaving it highly reactive to both breakthroughs and black swan events. Meanwhile, the altcoin market continues to languish, lacking a clear investment narrative. Previously common sector rotations, such as DeFi, AI, or GameFi, have largely faded. Hype is scattered and short-lived. Memecoins on various public chains have surged in number, but most have short lifespans and quickly go to zero. This makes it harder for investors to identify high-quality projects. In this environment, allocating part of your capital to stablecoin-based yield products may be a prudent move. Beyond conventional DeFi protocols such as Aave, Compound, and Kamino for staking USDT and USDC, Bitget provides users with a broader selection of stablecoin investments offering higher APRs.

Ethena, Hyperliquid, and ONDO stand out in this cycle as high-conviction projects with exceptionally strong product-market fit (PMF). Ethena centers around its innovative stablecoin protocol, USDe. Through dynamic strategy adjustments and efficient capital utilization, it offers both high yield and stability. With over $1.3 billion in circulation, it reflects strong and growing market demand. Hyperliquid focuses on decentralized derivatives trading. Built on a high-performance L1 and powered by user-driven strategy optimization, it has seen a surge in trading volume. This showcases explosive ecosystem growth and has gained traction from both institutional and retail participants. ONDO bridges traditional finance and DeFi by tokenizing real-world assets (RWA), such as U.S. Treasuries. It meets the growing investor demand for low-risk, high-liquidity products, and its market recognition is rapidly accelerating. Each of these projects addresses a key pain point in its vertical: Ethena delivers yield stability, Hyperliquid boosts trading efficiency, and ONDO connects TradFi to DeFi through RWA. Together, they represent a combination of technological innovation and strong market traction. Looking ahead to 2025, macro conditions — from low volatility to policy tailwinds — further support their continued growth, positioning them as standout investment opportunities in this cycle.


Last week, Ethereum completed the Pectra upgrade—one of its most significant updates in the past three years. The upgrade improved the staking mechanism, expanded Layer 2 blob support, and introduced account abstraction. Around the same time, Ethereum co-founder Vitalik Buterin proposed simplifying the network's architecture to boost long-term resilience and competitiveness, aiming to reach Bitcoin-level simplicity within five years. Leadership changes at the Ethereum Foundation also signaled a renewed commitment to reform and sustainable growth. These developments reignited market confidence, especially among long-term ETH holders, and triggered a sharp price rally of nearly 40% in just over a day—pushing ETH to the top of trending searches on platforms like TikTok. The broader Ethereum ecosystem surged as well, with the liquid staking sector leading the way.



- 07:37GoPlus: PUMP Buyback Not Yet Officially Confirmed, Multiple Related Phishing Tweets and Websites DetectedAccording to a report by Jinse Finance, GoPlus Security stated on the X platform that data shows Pump.fun has previously completed token buybacks worth approximately $20 million. All repurchased PUMP tokens have been transferred to the "Pump.fun Treasury" wallet address, which now holds 3,195,659,085.93 PUMP. However, as of now, these transactions have not been officially confirmed by the Pump.fun founder or the official team, adding uncertainty to the scope and duration of the buyback. Additionally, users should be cautious of phishing attacks exploiting PUMP, as several phishing tweets and websites related to PUMP have already been detected and intercepted.
- 07:07Matrixport: US "Crypto Week" Heats Up, Ethereum Rally May Be Driven by AsiaAccording to a report by Jinse Finance, Matrixport released an analysis today showing that Ethereum has risen 18% this month, with 17 percentage points of that increase occurring during Asian trading hours. Over the past week, Bitcoin and Ethereum have risen by 8% and 19% respectively. The approaching "Crypto Week" and rising policy expectations have boosted market sentiment. Inflows from US-approved ETFs, corporate allocations, and anticipation of Circle's listing have become key drivers of the market. However, the influence on Ethereum's price formation is gradually shifting toward the Asian market.
- 07:02Commerzbank: Rate Cut Expectations and Trump’s Pressure May Limit Dollar ReboundAccording to a report by Jinse Finance, Michael Pfister from Commerzbank's research department stated that the US dollar may rise in the short term, but the increase is likely to be limited. The recent weakness of the dollar may currently be somewhat overdone, allowing for a slight rebound. However, the prospect of Federal Reserve rate cuts should curb any rebound in the dollar. In addition, actions such as Trump calling for rate cuts and criticizing the Fed's independence will also dampen the recovery. Commerzbank expects the Federal Reserve to cut rates in September. Therefore, he believes the current recovery phase of the dollar is unlikely to last long. (Jin10)