In the past 48 hours, the cryptocurrency market and the TradFi lobby were caught off guard by the sudden change in the US SEC's approval of the ETH ETF. ETH surged 25% from $3,100 to $3,750 in less than 2 days.

On May 22, Lumoz announced the launch of zkProver and zkVerifier based on EigenLayer, which not only significantly enhanced the efficiency of calculation and verification, but also effectively ensured the security and profitability of the entire service process through EigenLayer's re-staking mechanism.

If the Ethereum spot ETF is approved, it may clear the way for subsequent well-known cryptocurrency ETFs. Is it the next Solana?

Expectations for approval continue to rise; many institutions predict that if approved, ETH will gain thousands of dollars.

In the ETH ecosystem, Layer2, LSD, DeFi, ETH-collateralized stablecoins, and Restaking are the key sectors and projects that require focus.

EigenLayer provides economic returns through re-staking and double-staking mechanisms, but still faces technical and centralization risks.

In terms of options, the jump in ETH's actual volatility has pushed option IV to flatten and rise sharply. Compared with BTC's 2-6% Vol increase at the front end, ETH has surpassed BTC's 30% -40% Vol at the short end with an almost 6-fold increase.

By wooing the crypto industry during the election, is Trump trying to save the country in a roundabout way?

The first stage of the bull market is mainly BTC, while in the second stage, it is the time for altcoins to chase the rise.

Dragonfly Partner: The general poor performance of low circulation/high FDV tokens is mainly due to the market's reduced risk appetite for new tokens.

The probability of Ethereum ETF approval increased to 75%, so Ethereum rose nearly 20% overnight.

In terms of digital currency, the US SEC is expected to announce its final decision on VanEck's ETH Spot ETF on May 23rd local time this week, which has attracted great attention from the market. From the volatility pricing in the options market, we can see that...

Ethereum L1 can and should be a strong base layer for L2 projects, using Ethereum as a backbone for decentralization and security.

Ten days after the EigenLayer airdrop went live, more than 54 million tokens were delegated to 1,373 nodes.

MOCA Foundation: MOCA token distribution is expected to be carried out around May 24.

In the past week, the prices of Bitcoin and Ethereum both rose after the CPI data was released in advance, but Ethereum fell back significantly afterwards. The historical volatility reached its maximum when both Bitcoin and Ethereum fell on 5.10. The trading volume reached its maximum when the CPI data was released in advance, and the open interest increased slightly. The implied volatility of Bitcoin rose while that of Ethereum fell. The funding rate remained low, and the market breadth indicator showed that the market was in a stage of slow recovery in a weak position. In terms of events, the US CPI data was in line with expectations. Bitcoin and Ethereum rose immediately after the data was released, which shows that the flame of interest rate cuts has been burning.