June 18, 2025 Hot Events 1. The ban on multiple Meme Token-related accounts on the X platform has been unblocked Platform X suspended a number of Meme coin-related accounts, including them, which sparked heated discussions in the community. This move may be related to the platform's increased regulation of speculative content, which has affected the short-term popularity and trading activity of some meme coins. All accounts were unblocked today. 2. The market for Meme coins on the Solana chain fluctuates Meme coins in the Solana ecosystem, such as AURA and LABUBU, have seen significant price corrections, with the market cap of AURA falling back to $140 million and LABUBU falling back to $42.6 million. The closure of PumpFun further interrupted the short-term rhythm of the Solana ecological meme coin, and the market sentiment was sluggish. 3. The U.S. Senate voted to pass the GENIUS Act The U.S. Senate is scheduled to hold a final vote on the GENIUS Act at 4:30 a.m. Beijing time on June 18, which is considered to have a profound impact on the cryptocurrency industry, which is highly concerned by the market and has been passed by some investor sentiment. 4. Uniswap Wallet launched the smart wallet function Uniswap Wallet adds a smart wallet function that supports one-click exchange operations to improve user experience. This update may further enhance Uniswap's competitiveness in the decentralized finance (DeFi) space, causing market concern.