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This week, the crypto market remains hot. The Meme coin WhiteWhale in the Solana ecosystem has been very popular recently, with an 80% increase in 24 hours, and its market cap has multiplied 25 times in just ten days. The same hype is also seen with ZBT—rising over 58.5% within 5 hours, with the total liquidation amount across the network exceeding $1.2 million, causing many to suffer significant losses.
On the Base chain, star projects are emerging. The celebrity coin thenickshirley continues to strengthen, reaching a peak market cap of $9.142 million, with high community discussion. However, risks are also present—MSCST on the BSC chain was hit by a flash loan attack, resulting in a direct loss of $130,000, reminding everyone to stay vigilant against on-chain black swans.
Notably, after issues arose on the Flow network, the team decided to abandon the rollback plan and instead implement phased network recovery, which is a quite pragmatic decision.
In terms of social discussion volume, the project STANDX has been particularly prominent recently. This is mainly because their mainnet trading points activity has been very active, coupled with the rapid growth of the auto-yield stablecoin $DUSD, which has now reached a TVL of $160 million. Market attention is focused on its institutional-grade matching execution capability (handled by the original founding team of a major futures exchange) and its unique "poker table-style" trading interface. This combination is indeed quite interesting.