Market dynamics on July 29: The public chain SOL breaks through and rises on the weekly line, with the ecosystem JUP, BOME and others following suit

I. Market Dynamics

1. BTC breaks through and rises, while altcoins fall. Trump speaks at the BTC conference.

2. U.S stocks rebound after a decline.

II. Market Focus

1. Public chain SOL rises, with its ecosystem JUP, BOME etc also on the rise. SOL's weekly line breaks through, making it one of the few altcoin narratives that can outperform BTC. DEX's JUP proposal aims to destroy 30% of supply.

2. Meme coin NEIRO surges by thousands of times in two days, reaching a peak market value of 60 million WU (Wu). NEIRO is an alternative to DOGE and has multiple similarly named altcoins.

3. Chain abstraction W falls; next week will unlock 30% of circulation volume, approximately $200 million USD.