Selected News
Today, Ethereum Layer 2 tokens surged, with ARB and ZK rising over 16%
Upbit's trading volume dropped 15.6% in 24 hours: XRP, ETH, and BTC remain in the top three
Binance Wallet announces new TGE REVA participation threshold: at least 224 Alpha points
Trending Topics
Source: Overheard on CT (tg: @overheardonct), Kaito
OKB: Driven by OKX's announcement of significant tokenomics upgrades, the discussion and price of OKB have surged. The upgrade includes a one-time burn of over 65 million tokens, reducing the total supply to 21 million. This strategic move has pushed the price of OKB up by over 100% in a short time. The upgrade also involves retiring OKTChain and making OKB the sole Gas and native token for the new X Layer public chain, which focuses on DeFi, payments, and real-world assets. The market response has been positive, with many users expressing anticipation for the long-term potential of these changes.
BNB: BNB has become a hot topic due to significant price volatility and positive community sentiment. Major discussions include BNB reclaiming the $850 mark, sparking speculation about new historical highs, and its role in the BNB Chain's 2025 awards ceremony. The market is also focused on its potential to reach the $1200–1500 range in the next 4–8 months, as well as its strategic position in the crypto ecosystem. Corporate buying has driven its price up by 4%, and BNB is being incorporated into various financial strategies and platforms.
POL: Today's discussions around Polygon (POL) center on its significant advancements and ecosystem integration, including its dominance in micro-payment fields, its association with Hyperbridge, and its role in cross-chain exchanges. The market is also paying attention to Polygon's integration with various ecosystems and its scalability, especially its influence in Latin America and Asia. Its strong net capital flow and strategic partnerships are seen as drivers for further growth.
DOGE: Dogecoin (DOGE) has gained significant attention and positive sentiment on Twitter, primarily driven by discussions of a potential price surge and institutional interest. Highlights include predictions that if Bitcoin reaches a new high, DOGE could break $0.27 and experience a "god candle." The coin has recently risen by 25.5%, reflecting a trend of funds shifting from Bitcoin to altcoins alongside other meme coins. Additionally, DOGE's status as a leading meme coin and its integration with platforms like DogeOS are also fueling market enthusiasm.
Featured Articles
A low-profile dark horse, Perp DEX, which has only been operating for a year, has surpassed Ethereum, Base, and other leading public chains in 24-hour revenue. Extending the timeframe to 7 days, it has outperformed DeFi veterans like Uniswap, Jupiter, AAVE, and Lido. It is not only one of the few projects in the top 15 daily revenue list without a token but also has the best liquidity depth for buying BTC and ETH within a 0.01% price range. This new revenue curve "monster" is called edgeX.
Bitcoin has reached a new high, and Ethereum's continuous rise seems to signal the upcoming altcoin season. Platform tokens are taking the lead, with OKB hitting a historical high yesterday, and BNB also making a strong move, breaking $865 and refreshing its previous high. Despite Binance undergoing several months of adjustments after CZ stepped down as CEO, the launch of Binance Alpha this year has successfully made a strong entry into the Web3 wallet space. The frequency of Launchpool and Launchpad projects has decreased, but BNB holders can still enjoy exclusive airdrop benefits. Additionally, with the rise of the "financial treasury" concept in the U.S. stock market, BNB has quickly positioned itself in related sectors, further driving up its price and demonstrating strong market momentum.
On-chain Data
On-chain capital flow situation on August 14
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