Top News

1.SOPH Continues to Surge, Breaking $0.07 and Seeing Over 40% 24-hour Growth

2.Bitcoin Experiences Sharp Short-term Drop, Whale James Wynn's 40x Long Position Flip to Loss Again

3.RWA Public Blockchain Project Keeta's Total Market Cap Surpasses $1.1 Billion, Reaching an All-time High

4.Believe Founder: Will Roll Out Multiple Measures Within 48 Hours to Prevent Fraudulent Project Tokens

5.US SEC Seeks Feedback on WisdomTree Bitcoin Fund's Physical Creation and Redemption

Articles & Threads

1.《Former Microsoft Employee Embarks on the "ICM Concept," Why Did Collaterize Surge 10x in a Month?》

The concept of "Internet Capital Markets" preached by Lily Liu, Chair of the Solana Foundation, heated up on Solana after the rise of Believe, while another "ICM" concept, the RWA project Collaterize, saw its token COLLAT's market cap surge to over $90 million recently, now retracing to $54 million. Since its launch in January at around $9 million market cap, it has been consolidating. It finally exploded on May 18th. Toly, one of Solana's co-founders, retweeted Collaterize's App Demo video to pump the token and reignite market interest in these two former Microsoft employees' RWA projects.

2. "Key Highlights of the Solana Conference and What's Next for SOL?"

The Solana Accelerate conference raised four unresolved issues: Slow adoption of the Firedancer client. Kraken's frequent support for Solana, potentially making it a leading exchange for SOL. Solana Mobile launched the SKR token, triggering compliance questions. Rising skepticism towards Trump at the event, which may impact the political outlook of the crypto industry.

Market Data

Overall daily market funding heat (reflected by funding rate) and token unlocks

Data Source: Coinglass, TokenUnlocks

Funding Rate

Token Unlocks

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