July 31 Market Dynamics: SOL ecosystem coins BOME and ORE are rising, SOL chain monthly active users hit a historical high
I. Market Dynamics
1. BTC adjusts, altcoins generally fall. Mentougou address transfers $2 billion in BTC.
2. U.S stocks decline, led by Nvidia.
II. Market Focus
1. SOL's BOME and ORE rise, the monthly active users of the SOL chain reach a historical high. ORE is mining on the SOL chain and will launch V2.
2. ENA cooperates with exchanges to provide USDE holders with an annual yield of 20%, which is the same as the previous ANCHOR yield rate of LUNA.
3. Modular L3 plummets, airdrop expectations are low, exchanges temporarily suspend coin listing.
4. Public chain SEI falls and will start unlocking $2 million daily from August 15th.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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