This Week's Web3 Highlights

Stock Tokenization Becomes a New Focus

Stock tokenization is becoming a new darling in the crypto space. Some believe that this innovation has the potential to expand the market size and push the crypto ecosystem towards the mainstream. However, there are concerns that the introduction of quality assets may impact altcoins. Currently, stock tokenization is still in its early stages, facing challenges such as insufficient liquidity and regulation.

Many well-known cryptocurrency institutions are actively engaging in the tokenization of stocks. A certain trading platform has announced the launch of over 200 tokenized trading options for US stocks and ETFs, and has introduced a dedicated physical asset chain based on a certain Layer 2 blockchain. Other platforms are also accelerating their layouts through different technical routes and custody solutions to meet users' demands for flexible trading, on-chain transfers, and compliance guarantees.

Private equity tokenization is also reshaping the way retail investors participate in the primary market. However, a certain US stock tokenization platform has been mired in "criminal" suspicions, as its operating team was involved in the bankruptcy of a certain project, and there are shortcomings in liquidity and fees.

Macroeconomic Situation Analysis

A financial experiment born out of the national debt crisis is attempting to transform the crypto world into the "white knight" of U.S. Treasuries, while the global monetary system is quietly being reshaped. The future market may be driven by core narratives such as ETFs, real yields, and institutional adoption, presenting a "selective bull market."

A certain bill was passed through procedural voting, and Goldman Sachs has anticipated the Federal Reserve's interest rate cut to September. The crypto industry is currently facing a downturn similar to that of 2018 or 2022, not only due to price issues but also because of people's doubts and hesitations about the industry.

Trends in AI and Meme Coins

The development of artificial intelligence is transitioning from a hot topic of discussion to practical implementation, making the creation of scalable AI products a key to competition. Some believe that only when AI truly "sinks" into every device will decentralized collaboration evolve from a concept to a necessity.

As market sentiment recovers, Meme tokens have surprisingly begun to lead the market again. Recently, several Meme coins have performed impressively.

Industry New Trends

A certain parallel EVM Layer 1 public chain, claimed to be the fastest and most cost-effective, has attracted attention. A project aimed at protecting Bitcoin from quantum computing threats has secured $6 million in funding.

A certain platform launched the project factory feature, with a total trading volume of nearly 100 million USD in 24 hours, and multiple projects have market values exceeding 1 million USD. Research shows that Layer 1 and Layer 2 are exhibiting a vertical trend, and AI blockchain has become the hottest sector.

Development of Cryptocurrency Payments and Stablecoins

Leading cryptocurrency exchanges are launching or upgrading payment products to compete for the connection between crypto assets and the real world. Most crypto payment cards support major markets such as the European Economic Area and the United States, offering 2%-10% crypto cashback benefits.

A stablecoin issuer has launched a public chain project aimed at achieving faster, cheaper, and more scalable stablecoin transfer functions.

Other Hotspots

A certain political family's crypto project WLFI has drawn attention, with its trend likely depending on the passage of related legislation and the family's level of emphasis on it. A certain token PENGU has recently surged by 80%, with reasons behind this including a reduction in sell orders and purchases by whales.

The Ethereum Community Fund (ECF) has been established, challenging traditional governance models. A certain authentication project, despite receiving support from top capital, still faces technical, ethical, and regulatory challenges. A certain lending platform has released a new version, consolidating its liquidity layer and upgrading its clearing to strengthen its position in the industry.