As the 2024 U.S. presidential election approaches, cryptocurrencies will play an increasingly important role in this political game.

As the leading cryptocurrency trading platform, Binance's investment portfolio also leads the investment boom in the cryptocurrency industry and occupies a pivotal position in the industry.

A quick overview of market trends for the week.

A weekly overview of market dynamics.

With the rapid development of technology, blockchain technology has expanded from its initial financial applications to various fields. As an emerging track, DePIN uses blockchain technology and token economics principles to redefine the construction and operation model of infrastructure, achieving the optimal allocation of resources and greatly improving the efficiency of use. Many investment research institutions believe that 2024 will be a big year for the DePIN track, which has huge development potential.

Take a quick look at important financing information of the week.

As more and more blockchain and crypto projects seek to reduce startup costs through shared security models, EigenLayer's re-staking model may become an important direction for future blockchain network security architecture. In addition, it may also promote the emergence of new economic models and investment opportunities, especially in the fields of DeFi and cross-chain operations. It not only brings innovation and value to the Ethereum network, but also provides power and direction for the entire blockchain ecosystem.

Traditional financial institutions such as Citibank, Franklin Templeton and JPMorgan Chase have begun to get involved in the RWA field. The recent launch of BlackRocks BUIDL fund has made the RWA track once again become a focus of attention.

The popularity of investment and financing in the crypto market continues to rise this week, with 17 financing events in the infrastructure field, followed by financing in the gaming field. Narratives such as DeFi, Depin, and AI have attracted investors attention. This weeks financing areas are rich and diverse, and they are concentrated in currently hot tracks. Based on the modular AI blockchain 0G received the largest amount of financing this week.

This week, the investment and financing enthusiasm of the crypto market continued to rise, with 12 financing events in the infrastructure field, followed by the financing enthusiasm in the game field. Defi, NFT, Cefi, wallet, depin, AI, security, and launchpad narratives attracted investors' attention. This week's financing fields are rich and diverse, and are concentrated in the current hottest tracks. The use of Solana Virtual Machine (SVM) to develop Ethereum Layer 2 has received the largest amount of financing this week.