encryption Morning Briefing - February 25, 2025

On-chain transaction volume shrinks: In the past 24 hours, the on-chain transaction volume has significantly decreased, with the maximum transaction amount not exceeding 30M. This has put pressure on the price of SOL, which has fallen below $140, and is also facing a lot of unlocking pressure.
Sol official new application: Sol officially launched a social platform Time.fun based on time trading, but the market response is flat, and the current highest market value is only a few hundred thousand US dollars. Such applications may only have a market in specific fields, such as the legal industry.
Yzi Labs Investment: Yzi Labs invests in encryption AI startup Vana, with CZ joining the advisory team. This news has caused the price of Vana coin to rise.
BTC drives the market down: The decline in BTC price leads to a general weakening of the encryption market, with significant declines in multiple areas including AI and high-quality DeFi projects.
SBF's tweet impact: FTX founder SBF tweeted again after two years, instantly boosting FTT coin price by 45%.
Dubai Financial Services Regulatory: The Dubai Financial Services Authority has approved USDC and EURC as the first batch of recognized stablecoins.
Strategy increased its Bitcoin holdings: Strategy (formerly MicroStrategy) spent approximately $2 billion to increase its Bitcoin holdings by 20,356 coins, currently holding nearly 500,000 coins in total.
Circle mints USDC: Circle has once again minted 2.5 billion USDC on Solana.
Market tips: Trump announced that tariffs on Canada and Mexico will take effect on March 4, causing a decline in US stocks and Bitcoin, thereby dragging down the entire encryption market. However, remember that risks and opportunities coexist. The more it falls, the more you should buy now, prioritizing high-quality leading projects in AI, meme coins, Layer1, and RWA tracks. The real market may be in the second half of this year, especially starting in July, there will be a super bullish market. Don't be discouraged by bearish market talks, opportunities are right in front of you!