jakiro
Author: Dynamo Defi Translation: Shan Ouba, Bitchain Vision
Trend and narrative
Failure tightening and the Cancun meeting pushed ETH to the forefront
Since the merger, 1.4 million ETH has been burned, resulting in a tightening of ETH supply.
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With the increase in chain activities, this statement has become more obvious recently, and the shrinkage rate in the past 7 days has reached 1.095%.
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Although the cost of Ethereum has soared again in recent weeks, this has not prevented the indicators on the chain from rising.Although Ethereum is by far the largest DEFI network, in the past month, Ethereum’s TVL calculates the second largest growth rate in the main chain (second only to Bitcoin).
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In addition, the Ethereum ecosystem may be more useful for retail users in the near future.The DENCUN upgrade plan to implement Proto-Danksharding is launched on March 13.This upgrade promises to reduce L2 transaction costs.
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How to profit from it:
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Hold ETH and find income opportunities, such as Eigenlayer and larger mobility pledge ecosystems.
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Invest in ETH Beta products, such as L2.As Dencun makes L2 cost cheaper, this may push more activities to these chains.
Meme season:
Last Tuesday, Bitcoin soared from 52K to a 64K high on Wednesday, making BTC a historical maximum monthly closing price.
At the time of Bitcoin’s breathing, traders skipped the cottage season and directly entered the Meme season.
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If you hold any factors on Solana in the past week, this may be a good week.
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What does the popularity of these coins mean?Historically, the rise in tokens that are not actual useful are usually regarded as a market logo that is flooded and difficult to sustain.Should we exit?Some people believe that alumin currency is becoming a global speculative liquidity exit.
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How to make a profit from
This may be just the beginning, and the future market fluctuations will be very fierce.Various opportunities will continue to emerge to compete for your attention, and attention may be the rare resource.Keep a sober mind, formulate exit strategies and strictly observe, and protect your attention.
Chain analysis
Solana activity rebounded to Singapore high
This week, the DEX trading volume on Solana doubled, breaking the record high in December, and surpassed the main network of Ethereum within a few days.After losing power after the first network interruption in the past year, the surge in this event may re -ignite Solana’s narrative.
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Stable currency supply rebounds in base
The number of stable coins on the Coinbase’s L2 Base platform increased by 18%this week, which is a significant growth.Because Coinbase has a huge potential user base, Base is an emerging chain worthy of attention.
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Tracking ETF funds inflow
The agency is bidding.Every day when the Bitcoin ETF comes out, more and more Bitcoin ETFs are accumulated.HODL15CAPITAL this account publishes data about these funds flow every day.Last week, more than 30,000 Bitcoin entered ETF.So far, a total of more than 147,000 Bitcoin has entered ETF.
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