Weekly Editors Picks is a functional column of Odaily Planet Daily. In addition to covering a large amount of real-time information every week, Planet Daily also publishes a lot of high-quality in-depth analysis content, but they may be hidden in the information flow and hot news, and pass you by.
Therefore, every Saturday, our editorial department will select some high-quality articles that are worth spending time reading and collecting from the content published in the past 7 days, and bring new inspiration to you in the crypto world from the perspectives of data analysis, industry judgment, and opinion output.
Now, come and read with us:
invest
Why this bull run is different than the past? Six charts reveal what’s driving Bitcoin’s rise
The basis for this rise is more solid than the double top from December last year to January this year;
The current financial environment, stablecoin inflows, and the performance of spot ETFs are all more favorable to Bitcoin than before;
Other key indicators also show no signs of the overheating and speculative sentiment that was seen at the end of last year and the beginning of this year.
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policy
As the first federal-level stablecoin bill, the GENIUS Act has been widely regarded by the industry as an important step for stablecoins to move out of the wild growth stage, officially enter the compliance scope, and is expected to move towards broader markets such as payments.
In the stablecoin market, the GENIUS Act, which explicitly requires dual federal and state licensing supervision, may also become an opportunity for a major reshuffle at the track level. Circle (USDC), which has long followed the compliance route and is registered in the United States, and the Trump family project WLFI (USD 1) may receive stronger compliance endorsements. However, Tether (USDT), the current king of the stablecoin track, may face greater regulatory challenges due to overseas registration, transparency issues, etc. As a response, Tether has officially announced plans to launch a new stablecoin in the United States. In addition, Tether has also been actively lobbying in Washington recently to try to promote more friendly policies.
Never underestimate the significance of the US stablecoin Genius Act
Concerns will soon be cleared, standards will be mastered, and the era of great gold inflows is imminent.
US Stablecoin Strategy: Reshaping the US Dollar Hegemony and Treasury Market Structure
The advancement of legislative frameworks such as the GENIUS Act not only provides new structural buyers for U.S. debt, but also digitally extends the global influence of the U.S. dollar through a mechanism linked to stablecoins.
The GENIUS Act was voted through. Which crypto assets will benefit?
The passage of the GENIUS Act is undoubtedly a milestone in the crypto market. By binding stablecoins and U.S. debt, it provides a new path for the continuation of the U.S. dollar hegemony, while promoting the overall prosperity of the crypto ecosystem.
Stablecoin bill passed, FRAX may become the biggest winner?
Frax Finances products are not just stablecoins, but also include liquidity pledge, lending, L2, etc. But they have a deep connection with stablecoins. Frax was once the issuer of the hybrid algorithmic stablecoin FRAX, but after the Luna UST crash, it gave up the calculated stability track and transformed into a fully collateralized stablecoin.
Since then, FRAX has been further updated to frxUSD, which uses fiat currency as collateral. The whole roadmap is to become the first licensed fiat currency stablecoin. As the drafter and participant of the bill, Sam naturally has a deeper understanding of the GENIUS Act and is more likely to make his own project meet the requirements. In addition, it is unknown whether the friendly relationship with legislators will open the regulatory green light for the future of FRAX.
Airdrop Opportunities and Interaction Guide
BinanceAlphas internal circulation is intensifying, but the truth is not so good
Solana is one of the ecosystems with the most projects launched on Binance Alpha besides BSC. For project developers, there will be obvious retracements and declines after launching on Binance Alpha, especially after the popularity. Airdrops and volume-washing activities cannot drive the price trend up. For users, the current internal circulation is eliminating ordinary users and becoming an arena for professional studios and big players to compete. This model that relies on high-intensity internal circulation is approaching the critical point of its sustainability.
Binance Money-Making Effect Guide: BNB Holders vs. Alpha Points Holders, How to Maximize Profits?
Users who are optimistic about the long-term value of BNB, are willing to hold it for the medium and long term, and do not like to spend time and energy to brush alpha points: deposit most of the BNB into the BNB Vault (or simply earn coins in a current account), so that the BNB will have interest every day and can be used for Launchpool and Megadrop at the same time. Whenever Launchpool starts, use the BNB in the Vault to directly stake for mining. At the same time, those BNBs are still included in the HODLer snapshot and do not affect subsequent airdrops. When encountering a Megadrop event, choose to transfer part of the BNB to a regular (such as more than 30 days) to earn more points, and use the BNB wallet to complete all tasks. After the event is over and you get the token, unlock the BNB back to the Vault. In this way, you can achieve three profits from a BNB fund: interest + airdrops at ordinary times, new coins during Launchpool, and extra coins for tasks during Megadrop.
Users who do not hold much BNB or even no BNB but are willing to gain returns through frequent operations and small capital investment (Alpha Points Party): actively increase points in exchange for rewards.
For most retail investors, a moderate combination of the two strategies may be a better choice.
Also recommended: Interactive Tutorial | Zero-cost high-performance RWA public chain Pharos Interactive Tutorial | How to quickly play Cookie.fun? A new era of airdrops: a complete guide from classic to social airdrops .
Bitcoin Ecosystem
Detailed explanation of Spark and its ecosystem: a16z-supported, PayPal-helped-create new Bitcoin L2
Spark claims to be a Bitcoin native L2 built for payment and settlement, but in fact Spark uses an off-chain expansion solution, not an EVM-like chain or Rollup, does not support smart contracts, and does not have a virtual machine. Therefore, Spark supports users to achieve instant, low-cost and unlimited self-custodial transactions of Bitcoin and other tokens (including stablecoins) off-chain, and has native interoperability with the Lightning Network, and can send and receive tokens through the Lightning Network.
LRC 20 does not support the fair issuance model. After the token is issued, only the original issuing wallet can mint it. Other addresses can only obtain tokens through airdrops or distribution by Dev. At the same time, LRC 20 also supports freezing and destruction operations. The original issuing wallet can freeze the tokens on any address. The tokens held by the frozen address will be locked and cannot be received or sent unless the Dev unfreezes them; but the original issuing wallet can only destroy the tokens held by its own address, and the destruction is irreversible.
There is a preliminary consensus on multiple LRC 20 tokens, and the early ecosystem already has a sense of BRC20.
Multi-ecology
Understanding Alpenglow in one article: The biggest change in the history of Solana core protocol?
Alpenglow is a new consensus protocol launched by Solana, which replaces the original TowerBFT and historical proof mechanism, introduces Votor and Rotor, optimizes voting and data propagation, significantly reduces latency to 100-150 milliseconds, and achieves finality in seconds. The protocol enhances performance, elasticity and scalability, making Solana comparable to Web2 in responsiveness.
Solana REV explodes, is the chain value really underestimated?
REV measures on-chain economic activity and reflects users’ willingness to pay. Solana REV is higher than Ethereum, but REV is lagging and easily manipulated. The FDV/REV ratio varies greatly, and the chain and token values do not completely correspond. It is necessary to comprehensively evaluate the value of the chain based on multiple factors.
CeFi DeFi
The White Houses encrypted revolving door: revealing the Trump familys hidden wealth
WLFI’s influence goes far beyond the Meme coin TRUMP. Its stablecoin can be easily and reliably exchanged for US dollars, which has almost created an underground economic system sponsored by Trump. It is like opening a new bank under the name of the current president, and many foreign companies and political elites around the world are transferring large amounts of funds to it.
The American public has been so inundated with news about the Trump family’s pursuit of personal gain that many of their actions hardly cause an uproar these days.
Web3 lawyer decrypts: What kind of RWA do you understand?
Various RWA projects have different intentions and mechanisms, including both technological innovation and financial experiments. For market participants, the biggest challenge is often not at the technical level, but in the uncertainty of the system, especially the unstable factors in administrative and judicial practice. Therefore, what we need more is to explore practical standards - even if we do not have legislative and regulatory powers, it is still valuable to promote the formation of industry standardization and compliance in practice. As long as there are more participants, the path is mature, and the regulatory authorities have established sufficient management experience, the system will gradually improve.
Ondo: RWA leader’s product line, competitors and token valuation analysis
Ondos products include tokenized funds, interest-bearing stablecoins, lending platforms, tokenized asset issuance protocols, tokenized asset trading platforms, and its own compliant blockchain, covering all aspects of RWA from issuance, custody to trading and circulation. From asset issuance to trading, Ondo has a complete product matrix around RWA, and the ceiling of the business story is very high.
Its core team has excellent backgrounds, has a very good layout in traditional financial enterprises and government relations, and can have a say with regulatory authorities.
The core products (Global Markets and Ondo Chain) have not yet been launched, and are still waiting for the regulatory approval signal. The current business development is still quite left-hand side.
Ondo connects at both ends: upstream, it connects with traditional asset management giants to obtain assets and brand reputation, and downstream, it connects with the crypto market to obtain users and liquidity, striving to open up the market faster than other projects.
Behind the TVL rebound, DeFi veterans are killing the stand-alone mode
The leading protocols are moving towards grouping through cooperation, integration and even direct binding of interests. These changes are not simply functional expansions, but upgrades in the way protocols collaborate. It indicates that the next stage of DeFi will move from isolated single-point tools to mutually nested and mutually bound financial network systems.
For ordinary investors, the focus may not be on who has a higher TVL, but on which portfolio structures are more stable, more efficient, and more able to survive volatility cycles. Grouping does not mean price increases, but it may be the foundation for the next round of growth.
NFT, GameFi, SocialFi
NFT once carried the dream of IP equality and community co-building, but it gradually faded in the idle narrative and capital arbitrage. The 10K PFP model is difficult to support long-term value, and the lack of content and community fatigue have become the norm. The experience of PoP MART and Pudgy Penguins reminds us that a truly sustainable IP requires pragmatic implementation, diversified layout and continuous operation capabilities. Issuing coins is not the end point. The restart of NFT may be hidden in the next carrier that integrates creativity, consumption and emotional value.
Kaito, Traps KOLs in Algorithms
Since Kaito launched the Yap-to-Earn mechanism, it has been controversial. The X platform is full of industry in-depth analysis posts with similar styles. On the surface, they are full of professional terms and structured analysis, but in fact the content is empty, the interactive content is superficial, inefficient, repetitive, and born for profit. Many people question Kaitos mechanism for freeloading the traffic of mid-level creators.
Kaito may be making the criteria for judging content creation monotonous, and tying creators into a system oriented towards “algorithms” and “scores”. Kaito’s algorithm is essentially designed to seize the market of institutions and top KOLs, which seriously damages the ecology of ordinary creators.
The last cycle of blockchain games is experiencing a collective death
This year, several blockchain game projects have announced the suspension of operations or development.
The genes of blockchain games have determined that they cannot make games in the direction of high quality and slow work in the traditional game industry; they are more like resource bureaus and capital pools, and need to design appropriate operating rhythms and investment rules to meet the needs of various primary and secondary investors. Financing first and then doing things has become the optimal solution for this track. As for whether it can be done, that is another matter. Looking at the success of traditional games, it is actually doing things first and then financing.
Web3 and traditional games are almost opposite, and the speculative gene runs through them. The decline of blockchain games is a natural selection.
Also recommended: The tide of blockchain games is receding, and we have a list of 17 Web3 games that will be shut down in 2025 , First experience with the blockchain version of the masterpiece MapleStory , Coin prices have been cut in half, gold farming has cooled down, is Web3 MapleStory still worth participating in?
Hot Topics of the Week
In the past week, Bitcoin hit a new record high , entering the $110,000 era; the GENIUS Act has been voted through and entered the revision process; the Legislative Council of the Hong Kong Special Administrative Region passed the Stablecoin Bill ; the Trump Dinner (Kronos Research CIO on-site observation and review ) was held; Cetus was stolen $260 million , and Sui ecological tokens were collectively halved;
In addition, in terms of policies and macro markets, Trump: suggested a 50% tariff directly imposed on the European Union from June 1 ; the chairman of the SEC was questioned at a congressional hearing about the Trump Meme coin and Sun Yuchens connection ; South Korean presidential candidate Lee Jae-myung proposed issuing a Korean won stablecoin to prevent capital outflows; a Ukrainian court ordered the transfer of more than 500 million hryvnias in the Binance account to the State Asset Management Bureau;
In terms of opinions and voices, Trump published a message to celebrate Bitcoins record high; Bitwise CIO: The stablecoin bill may pave the way for a multi-year bull market in the crypto market ; Rich Dad Poor Dad author: Save spot gold, silver and BTC to resist the next crisis, rather than buying ETFs; Arthur Hayes: Bitcoin may rise to $200,000, and the US Treasury policy is the key driving force ; 1confirmation founder: Crypto projects that allocate 50% of tokens to insiders will return to zero, and ETH will move towards $120 trillion ; Opinion: Although the copycat season has not yet arrived, institutional investors have begun to increase their holdings of SOL ; Analysis: This round of Bitcoin bull market is more driven by institutions and long-term capital rather than retail speculation; CZ shares risk management advice : confirm the worst outcome, evaluate the number of attempts, and ensure full cognition; Vitalik published: A new solution to the scalability problem of Ethereum L1; Justin Sun announced that he will attend the Trump dinner as the highest holder of TRUMP ; Justin Sun defended the TRUMP token , saying that Memecoin It has legitimacy and value; ZachXBT: It is unacceptable that Cetus is only willing to offer a reward of 5 million US dollars to find the hacker ; Movements consultant revealed that a large number of MOVE were sold by internal designated wallets ;
In terms of institutions, large companies and leading projects, several large US banks plan to jointly launch stablecoins , and progress depends on the legislative process; Kraken announced that it will cooperate with Backed Finance to launch a tokenized stock and ETF trading service called xStocks; Strategy encountered a class action lawsuit , accused of making misleading statements about Bitcoin strategies; listed financial technology company DigiAsia plans to raise US$100 million and use 50% of its profits to purchase Bitcoin ; Circle is advancing its IPO plan with a target valuation of US$5 billion, and is also in acquisition talks with Ripple and Coinbase; BlackRocks cooperation agreement with Circle was exposed : it is not allowed to issue stablecoins on its own in the next four years; Nakamoto Holdings, KindlyMD and Anchorage Digital reached a strategic cooperation on Bitcoin ; Binance announced that USD 1 withdrawals via BNB Chain will enjoy zero fees ; WLFI announced the purchase of some B tokens to support the BUILDon team; Bancor filed a patent infringement lawsuit against Uniswap ; Virtuals: Proxy staking is now online , and staking can earn points; Huma Finance Announced the token economic model : initial airdrop 5%, genesis circulation ratio is 17.33%; PancakeSwap : optimized the transaction routing mechanism and solved the data delay problem;
According to the data, Binance wallet accounts for nearly 90% of the transaction volume of mainstream wallets, ranking first; Labubu became popular all over the world, and the meme coin of the same name, LABUBU, soared dozens of times ;
In terms of security, the printer company Tiansheng was exposed to have a backdoor in its driver , which has led to the theft of 9.3 bitcoins... Well, its another week of witnessing history.
Attached is a portal to the “Weekly Editor’s Picks” series.
See you next time~
