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I am mitsui, a web3 researcher.
This is a summary article about the web3 market for the last week. We have gathered information from over 20 national and international media outlets and newsletters and have picked out news from them. Please use it to catch up on information and trends!
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📊Market & News (L1, L2, DeFi, NFT, GameFi, AI, Other)
📰News Pickup
Treasury Secretary Bessent's Stablecoin Push Could Lead to $34 Trillion Inflows for Ethena, Etherfi, and Hyperliquid
Treasury Secretary Bessent endorses dollar-linked stablecoins, suggesting up to $34 trillion could flow into DeFi (Ethena, Ether.fi, Hyperliquid).
Arthur Hayes explains, "The strategy is to shift $13 trillion in Eurodollar market + $21 trillion in Global South deposits to stables and directly to U.S. Treasury purchases.
Ethena is targeting a 25% share in synthetic dollar USDe, Ether.fi is Visa linked payments, and Hyperliquid has a 63% share in decentralized perpetual transactions.
This strategy is seen as creating a stable demand for U.S. Treasuries while strengthening dollar hegemony and driving "secular growth" in the DeFi protocol.
Optimism Partners with Flashbots to Accelerate Sequencing of All OP Stack Chains
Optimism announces plans to partner with Flashbots to provide fast and fair sequencing across all OP Stack chains.
Utilizes Flashbots' Proposer-Builder Separation (PBS) technology for healthy distribution of MEVs and enhanced censorship resistance.
Each OP chain will connect to the Flashbots network, improving the L2 user experience and enhancing the decentralized infrastructure.
For the Optimism Collective as a whole, this will be an effort to promote transparency and efficiency in sequencing revenue.
Solana Leads Major Altcoins; Buying Floods Ahead of Finance Firms
SOL is up 15% in the past week, outperforming BTC sideways and ETH +6%.
The background is the expectation that "Digital Asset Treasury (DAT)" companies will be buying up SOLs.
Some, however, pointed out concerns that the DAT would become exit liquidity for locked SOL investors.
A RedStone executive commented, "It can also be used effectively as a regulated treasury vehicle," and the line between regulation and healthy use is a focus for the future.
Virtuals Protocol launches liquidity staking via VVET
Virtuals Protocol introduces new "Liquid Staking" to earn veVIRTUAL rewards and airdrops without locking in $VIRTUAL.
This allows staking while maintaining fluidity and is designed for protocol growth.
However, there are many community concerns about the inflationary concerns of the reward token VVET and the risk of maintaining a liquidity pool.
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Posts and articles that you may find interesting.
AI Agent Market Map: Hype Ends, Technology Continues
AI agent-related tokens swelled to 1.6 trillion yen at one point, but excessive expectations caused the market to plummet more than 90% and many projects disappeared.
The reality was mainly chatbots wrapped in OpenAI/Anthropic models, with a strong Memcoin-like nature.
DeFAI is being reevaluated with the introduction of practical products, Wayfinder and HeyAnon being prime examples.
Currently evolving from general-purpose to specialized agents + networking, with the rise of interoperability infrastructure such as ACP from Virtuals
Apple Chain and Google Chain
Google Cloud is reportedly promoting its own L1, GCUL (Google Cloud Universal Ledger), a surprise to the industry.
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