Selected news

1. In the past 24 hours, the NFT trading volume on the entire network has exceeded US$31 million, an increase of nearly 200%

2. ZORA's market value exceeded $77 million, up more than 56% in 24 hours

3. PENGU surpassed TRUMP in market capitalization to become the second largest meme coin by market capitalization on the Solana chain

4. Linea, Consensys, and Nile have partnered to launch Etherex, a decentralized trading platform

5. Solana's market capitalization surpasses Intel's, and the global asset market capitalization ranking rises to 218th

Featured articles

1. "The next round of 100x chance? Inventory of the most outstanding Perp DEX dark horses to watch in 2025"

This is the most undoubted big hairy track of 2025. Since Hyperliquid airdropped tokens on November 29, 2024, and detonated the entire network, this track has completely entered a high-speed channel. As a representative of the new generation of order book Perp DEX, the price of the token HYPE once soared to $50 and has remained stable around $47 so far, making it one of the most attractive and wealth-effective projects of the year.

The Perp DEX track not only has high revenue, but also has a lot of room for growth, making CEXs feel threatened like never before. The daily trading volume of crypto derivatives is 4-5 times that of spot for a long time, and the penetration rate of the on-chain derivatives market is currently less than 10%, which means that there is at least 10 times the growth potential in the future. Just like there is never more than one centralized exchange, more and more teams have begun to enter the game, the ceiling of the track continues to rise, and the competition is becoming more and more fierce. Major projects continue to upgrade in technology, liquidity, depth, user experience and incentive mechanisms, and have increased their weight. The accumulation of projects and frequent innovation have also brought a stronger "wealth spillover" effect, attracting a large amount of funds and users' continued attention, especially the new batch of unissued Perp DEX players.

Currently, the second quarter of Hyperliquid's airdrop is about to launch, and some other new projects with rapid growth, hardcore team backgrounds, and strong coin issuance expectations are also emerging. BlockBeats This article will take stock of five Perp DEX dark horses that have not yet been issued - they either have rapid growth, strong resources, or the blessing of star VCs, and are key projects that cannot be missed by this round of "hair-shaking" army and contract players.

2. "Is the summer of NFTs back?" Come and see what new moves are made in the old project"

After 4 years, "Punk Sweep" appeared again, spending $8 million on a single address to clean 46 Crypto punks in one go, completely igniting the popularity of the NFT community. Not just Crypto punks, the overall trading volume of the NFT market has picked up again in recent days, even surpassing the high point in February this year. According to data from the Coingecko platform, the total market capitalization of the NFT sector has risen by 29% in 24 hours, surpassing the $6.7 billion market capitalization. And the trading volume soared by 372% to $45 million.

Crypto seems to have abandoned the NFT sector for a long time, but MoonBird, which has a "bad record", has recently made another move, and seems to be preparing to take the IP path of "Pudgy Penguins", the overall recovery of the NFT market, and Opensea, which has not issued coins for a long time after the official announcement, has been mentioned many times recently.

On-chain data

On-chain capital flows for the week of July 21