Topics of Crypto World

a16z deconstructs the shortcomings of foundations and proposes replacing traditional crypto governance structures with developer companies, DUNA, and BORG, offering better incentive and compliance solutions for Web3 projects.

Yu Hu, the founder of Kaito, shares in - depth insights into the value of attention, analyzes its role in user growth, investment education, and valuation of crypto projects, and reveals how Kaito transforms attention into a closed - loop of users and capital.

Although L2 plays an important role in innovation and economic advancement, over-reliance on L2 may weaken the network effect of Ethereum Layer 1 (L1). The article proposes the concept of ultrasonic Rollup, which is a native Rollup design that combines data availability, execution, and ordering, aiming to enhance rather than weaken Ethereum's network effect.

Although Layer 2 (L2) plays a crucial role in innovation and economic progress, excessive reliance on L2 may undermine the network effects of Ethereum's Layer 1 (L1). The article proposes the concept of Supersonic Rollup, a native Rollup design that combines data availability, execution, and sequencing, aiming to enhance rather than weaken Ethereum's network effects.

The article provides a detailed explanation of the operational mechanism of the Proof - of - Stake (PoS) network, including how staking activities provide security for the network and offer economic incentives to participants.

Discover what BitVMX is, how it works, and why it's changing Bitcoin's capabilities, without tokens, sidechains, or consensus changes.

Fogo is restructuring the design paradigm of high-performance blockchains to unify client architecture, multi-regional consensus mechanisms, and validator performance incentives, addressing the fundamental demands for speed and stability from institutional finance on-chain. This article systematically analyzes its architectural logic, incentive design, and market positioning.

This report summarizes Web3 on-chain data for May 2025. Solana remained dominant with over 3.1 billion transactions, while Base saw explosive growth, surpassing 300 million transactions in a single month. Injective led among emerging blockchains with $130 million in net inflows. Bitcoin’s Accumulation Trend Score stayed elevated, indicating continued accumulation by major players, as exchange interaction rose to 33%. LetsBonk.fun recorded over 105,000 tokens launched, with a graduation rate of around 1.25%. $VIRTUAL saw significant growth in both user activity and gas fees, reflecting strong real usage momentum.

Gate Research Daily Report: On June 6, this morning, BTC briefly dropped to around $100,500, while its market dominance climbed to 63.9%, marking a new four-year high. ETH saw a sharp decline, breaking below the midline of the daily Bollinger Bands, with the ETH/BTC ratio falling below 0.024 today. ETH's market dominance has dropped to 9.2%. Altcoins also experienced a broad sell-off, with some tokens falling back to cycle lows. Circle surged 168.48% on its IPO debut, with a trading volume of $3.941 billion. Meanwhile, a clash between Elon Musk and Donald Trump triggered sharp declines across both U.S. equities and the crypto market.

The SMI Ergodic indicator helps traders identify trend strength, time entry and exit points, and spot reversals. The 2025 enhanced version features AI integration, reducing false signals by 28% while improving accuracy across all market conditions, especially in sideways markets (+18%). When used with its new multi-timeframe analysis and mobile optimization features, the indicator provides more reliable trading signals for both traditional and algorithmic trading systems.

World Mobile Token (WMT) is a digital currency for the World Mobile network, aiming to connect the unconnected through blockchain technology. As of 2025, WMT has established itself as a major player in the telecommunications blockchain space with network expansion to 15+ countries, 3,500+ Air Nodes, and connecting 1.2 million previously unconnected users. Technical advancements include enhanced node efficiency, WMT Layer-2 scaling, and solar-powered options, while the ecosystem now features partnerships with telecom operators, financial institutions, and NGOs.

Kamino Finance is a leading DeFi protocol on Solana that reached $950M TVL in 2025, offering enhanced solutions for borrowing, lending, and liquidity. Now featuring cross-chain integration, AI-powered risk management tools, and institutional services with a thriving KMNO token ecosystem and strategic partnerships across the blockchain space.

2025 Update: Puffer Finance is a leading decentralized liquid re-staking protocol built on the EigenLayer, now supporting 5,000+ node operators with a $794M TVL. The platform enables users to provide liquidity and stake ETH to acquire pufETH, offering enhanced security features, 7.4% average APY, and extensive DeFi integrations across lending platforms and L2 networks through its fully launched DAO governance system.

Pendle is a decentralized finance protocol that enables trading, yield farming, and liquidity provision of tokenized yield assets. As of 2025, Pendle has expanded to multiple blockchains with $1.2B TVL (500% growth since 2023), implemented AI-powered yield optimization, and ranks among the top 5 DeFi protocols with 280,000 active users. The latest Pendle V4 features dynamic yield rebalancing and enhanced governance through its refined vePendle mechanism.

Pencil Protocol has evolved into a cornerstone of the Scroll ecosystem by 2025, with TVL exceeding $15 million and over 25,000 active users. Originally backed by Gate Labs, OKX Ventures, Animoca Brands, and others, the platform has expanded its Launchpad, Staking, and Vaults offerings significantly. The Pencils points system now enables governance voting, NFT access, and revenue sharing, while its pETH has become a leading ETH derivative on Scroll. With enhanced ZK-powered security and 30+ ecosystem partners, Pencil Protocol demonstrates the viability of specialized Layer 2 launchpads in the multichain landscape.