Bitget Research: Crypto Whales Accumulate AAVE, DeFi Sector Projects Rise Collectively

the past 24 hours, there have been many new popular tokens and topics emerging in the market, and perhaps they could be the next market spotlight.

In Summary:

1.Popular Tokens:

AAVE (Token) — According to Lookonchain data, the whale “0x5a80” bought 257,147 AAVE tokens (approximately US$17.2 million) in the past 24 hours, now holding a total of 474,579 AAVE tokens (approximately US$31.8 million). As of now, AAVE has experienced a 15% increase within the past 24 hours, garnering high attention from the community.

UNI (Token) — UNI, the native token of Uniswap, experienced an increase yesterday along with the unusual surge in the DeFi sector. It has increased by 4% in the past 24 hours, with the total market trading volume reaching US$200 million, indicating an increase of 1.7x compared to yesterday.

CAKE (Token) — CAKE, the native token of PancakeSwap, experienced an increase yesterday along with the unusual surge in the DeFi sector. It has increased by 6% in the past 24 hours, with the total market trading volume reaching US$100 million, indicating an increase of 2.3x compared to yesterday.

RDNT (Token) — RDNT is the platform token of Radiant Capital, a core LB project in the Arbitrum ecosystem. Recently, with the rebound of the DeFi sector from its bottom, both the trading volume and price of RDNT have shown good performance, resulting in a good level of community engagement. It is essential to stay updated on this token.

VMPX (Token) — Jack, the founder of XEN, announced on social media that VMPX minters are being considered for the airdrop of the new chain’s token $XN, instead of its holders. This move sparked controversy in the community, leading to a massive sell-off of VMPX and causing it to plummet more than 30% over the weekend. The fundamental empowerment of the token has weakened, so users should be aware of the trading risks involved.

TWEETY (Token) — Tweety, a meme themed around the anime character Tweety, had its presale on PinkSale with over 400 subscribers. Currently, there are 827 holders, with the number of holders doubling after the secondary market trading was opened. After the TGE, the 24-hour trading volume is currently at US$5.46 million, with 5272 transactions. The total market cap is only US$1.82 million. The token contract is secure, and the token has the potential for significant growth. Worth continued attention.

Mega (Token) — Mega Fumo Rock, a memecoin with a 24-hour on- XCNUSDT">chain trading volume of US$1.93 million, and 4086 on-chain transactions. The token price is currently bouncing back from its bottom. Its trading activity is quite good, and the contract risk is relatively low as contract ownership has been renounced. The liquidity pool is not locked. It is a low-risk token and is an essential one to stay updated on.

Hammer (Token) — Hammer Finance. The token fell below its issuance price after the TGE yesterday, causing losses for early participants. The 24-hour token trading volume is US$2.27 million, with 2261 transactions. The token contract risk is relatively low, with the liquidity pool locked on PinkSale.

PSYOP (Token) — A memecoin launched by Ben.eth. Yesterday, Elon Musk tweeted an emoji related to PSYOP. Despite no connection to Ben.eth’s project, the emoji drove immense traffic, causing a surge in hype for the token. It experienced a nearly 20x increase in just one day, with the curren t price correcting and the on-chain trading volume reaching US$4.4 million. The token has no significant contract issues and is an essential one to stay updated on.

WAVES (Token) — Following the recent “rebellion” incident involving the Russian mercenary network Wagner Group, the Russian-concept token WAVES has experienced volatility. During the last Russian invasion of Ukraine, WAVES experienced a 5x increase, and this latest upheaval has similarly stimulated fluctuations in WAVES. DWF Labs has pledged 500,000 $WAVES for staking and voting in support of the launch of Waves DAO.

XEN (Token) — Jack Levin, the founder of XEN, is about to launch the XN chain, but only Minters of VMPX can receive the XN airdrop. This has caused dissatisfaction among community users and resulted in the selling off of VMPX, leading to a noticeable drop in VMPX. XEN pulled back after rising nearly 10% yesterday, and market attention has been high recently.

2.Popular NFTs:

No popular NFTs to mention for today.

3.Popular DApps:

zkSync (DApp) — Recently, zkSync’s interaction activity has consistently been at the top on Ethereum in terms of new users. According to the latest data from Dune, there are 1.026 million unique wallet addresses on the zkSync Era mainnet. zkSync Era’s TVL has exceeded US$600 million and is now at US$620 million, an increase of 20.82% in the past seven days. Additionally, users can use https://byfishh.github.io/zk-flow/ to check the interaction frequency of their wallet with zkSync. Combined with the data from Dune’s dashboard, they can create high-quality accounts.

Starknet (DApp) — Starknet is about to launch Starknet Alpha v0.12.0, focusing on improving network throughput to improve scalability and transaction latency. To achieve this goal, a new Rust implementation has been introduced for the sequencer. The Starknet Foundation has announced the appointment of former Meta executive Diego Oliva as the project’s CEO. It is essential to stay updated on the Starknet ecosystem.

Zora (DApp) — Zora is a significant NFT release and a commemorative NFT Free Mint platform within the NFT market. The project has assisted numerous project owners and influencers with NFT releases and has a certain reputation within the community. The NFT designs are quite exquisite and have caught the attention of many artists. Zora has been recently promoting the UFO Podcast series NFT, a Free Mint series with exquisitely designed pieces, garnering significant attention from the community.

Quadrant Protocol (DApp) — A data-driven tech company focused on improving mobile addresses and POI data. The project’s community interest is low, and the token trading activity is average.

Stargate (DApp) — Influenced by the expectation of Layerzero’s token issuance, Stargate’s interaction data remains at a high level. Most users continue to interact in anticipation of Layerzero’s future token issuance opportunity. Stargate continues to rank highly in terms of daily activity on Arbitrum.

Lighter (DApp) — A DeFi router invested in by A16Z and Lightspeed, which stands out for its more affordable, faster, and cheaper routing prices. Lighter Router has great potential as a decentralized order book exchange. Its official Twitter posts receive around 5000 views, indicating a good level of community interest in the project.

ParaSwap (DApp) — ParaSwap is a multi-chain decentralized exchange. There have been two major project updates recently: 1. Camelot, Chronos, and Cables Finance have completed DApp integration; 2. Partnerships have been established with MIMIC and Furucombo, which were officially announced within the community.

MOBOX (DApp) — A cross-chain metaverse gaming platform. Incorporating the recent Chinese traditional Dragon Boat Festival, the project has launched a promotion for Dragonverse. Participants can earn MODragons, which can unlock corresponding benefits/rights. The promotion is innovative and has received a good response from the community.

Gravity Finance (DApp) — Gravity Finance primarily serves as an automated market maker in the DeFi sector. The profits that users earn are distributed in the form of wETH, representing a significant innovation in the DeFi sector. The project has a close relationship with Silos Finance and has conducted several joint marketing activities within the community. As it is still in the early stages, it is worth keeping an eye on its development.

MeanFi (DApp) — A multi-chain swap DeFi application, with main modules including a payment stream system, and an aggregated DEX, among others. The project has long been a leading DeFi application in the Solana ecosystem. Its main product feature is performing ERC20-ERC20 conversions using a Dollar Cost Average strategy. The project has recently cooperated with many projects from the Arbitrum ecosystem and integrated the DCA trading feature of STG and MIM.

WOOFI (DApp) — A decentralized exchange launched by WOO X. It provides users with the best unilateral passive income and the most powerful cross-chain exchange function. Its main modules include Swap, Earn, Stake, and an order book-style decentralized exchange. Recently, it has interacted more with DeFi projects in the Arbitrum ecosystem. Tokens from projects such as Traderjoe and Radiant have been listed on WooFi and have launched a trading competition. This promotion helped the project become one of the top DApps on DappRadar in terms of UAW ranking.

DeFi Kingdoms (DApp) — A cross-chain MMORPG that allows players to earn money through gaming, featuring a DEX, liquidity pool opportunities, and a rare, utility-driven NFT marketplace. The project’s token has experienced a significant drop from its all-time high. Recently, the number of joint promotions related to the project has seen a notable increase, garnering a significant level of community attention.

Seg Finance (DApp) — The contract address of the CrazyShoes Mall. It is related to the BRC-20 standard token SEG (Shoe Elimination Game). This token has reached 22,332 holders, with 95% of the chips concentrated in one EOA address. It’s hard to determine what kind of DApp or other application this contract address represents, as detailed information is hard to find on social media and search engines.

L2BEAT (DApp) — L2BEAT is an analytical and research website dedicated to Ethereum Layer 2 (L2) scaling. It offers a comparison of various Ethereum L2 systems available at present. A key distinction of L2BEAT from similar websites is that it is committed to educating users and only lists projects that meet the strict definition of L2. The project team defines Layer 2 as a chain that derives its security entirely or partially from Ethereum’s Layer 1. This way, users do not have to rely on the honesty of the L2 validators to ensure the security of their funds. The activity level of the project has recently increased.

4.Twitter Hot Topics:

PENDLE (Token) — Pendle’s TVL has recently seen a continuous rise, increasing from a base of US$17 million to US$150 million. The token price has concurrently reached a new high of 0.7 USDT. The on-chain trading volume in the past 24 hours is US$433,000. PENDLE is available for trading on Bitget, and it is an essential token to stay updated on.

Pepe (Token) — Pepe has experienced a strong rebound of over 100% from its bottom, largely influenced by the rise in BTC. The market interest in PEPE is remarkably high and it has shown strong profitability. However, as BTC has made several unsuccessful attempts to break through the $31,000 level, PEPE has entered a short-term period of oscillation.

5.Regional Trending Searches:

BTC (Token) — Last week, the US dollar index remained strong while the USD-RMB exchange rate fell below the critical 7.2 level. After a continued rise, the US stock market entered a short-term adjustment period. Influenced by the depreciation of the RMB and the events in Russia, the A-shares (China) opened low and moved lower on Monday, with the global stock market entering a technical adjustment cycle. BTC failed to break the US$31,000 high point multiple times and fell back to around US$30,000, starting to oscillate within a range. If it cannot effectively hold above US$30,500, it may adjust to around US$29,000. The exchange rate of ETH relative to BTC has been continuously falling. The first bullish candlestick appeared yesterday, but its sustainability is weak. Whether ETH can initiate a rally will be an important indicator to measure future profitability in the market. It is important to keep a close watch on this matter.

AAVE (Token) — Several whales have continuously increased their AAVE holdings recently. A whale address beginning with 0x5a80 increased its holdings by 182,000 AAVE on June 25, amounting to US$13.2 million. Currently, it holds 399,500 AAVE, valued at US$29 million. The DeFi lending projects AAVE, COMP, and RDNT have all experienced recent increases. It is essential to stay updated on the sustainability of this trend.

Main Body

Written by: Bitget Research

Data collection time: June 26, 10:30

Data sources: Dune, DApps, Twitter, Google

Note:

1) New active users: Refers to wallet addresses that were newly created on the chain in the past 24 hours and had interactions on the chain.

2) Existing active users: Refers to wallet addresses that were created on the chain 24 hours ago and had interactions on the chain in the past 24 hours.

3) DApp daily activity (UAW: unique active wallets)

4) TGE (Token Generation Event)

1.BTC Profile — BRC-20

VMPX (Token) — Jack, the founder of XEN, announced on social media that VMPX minters are being considered for the airdrop of the new chain’s token $XN, instead of its holders. This move sparked controversy in the community, leading to a massive sell-off of VMPX and causing it to plummet more than 30% over the weekend. The fundamental empowerment of the token has weakened, so users should be aware of the trading risks involved.

2.Blockchain Profile — ETH Chain

2.1 User Profile

2.1.1 Core Data

• Total active users of ETH: 363,919
• New active users of ETH: 81,694, with a daily decrease of 2.22%
• Existing active users of ETH: 282,225, with a daily decrease of 5.70%

2.1.2 New User Profile

• Core data: There were a total of 81,694 new active users on ETH yesterday, with a daily decrease of 2.22%
• Popular Sectors

• Popular Projects

• Key Projects:

zkSync (DApp) — Recently, zkSync’s interaction activity has consistently been at the top on Ethereum in terms of new users. According to the latest data from Dune, there are 1.026 million unique wallet addresses on the zkSync Era mainnet. zkSync Era’s TVL has exceeded US$600 million and is now at US$620 million, an increase of 20.82% in the past seven days.

Starknet (DApp) — Starknet is about to launch Starknet Alpha v0.12.0, focusing on improving network throughput to improve scalability and transaction latency. To achieve this goal, a new Rust implementation has been introduced for the sequencer. The Starknet Foundation has announced the appointment of former Meta executive Diego Oliva as the project’s CEO. It is essential to stay updated on the Starknet ecosystem.

2.1.3 Existing User Profile

• Core data: The number of ETH active existing users is 282,225, with a daily decrease of 5.70%
• Popular Sectors

• Popular Projects

• Key Projects:

Zora (DApp) — Zora is a significant NFT release and a commemorative NFT Free Mint platform within the NFT market. The project has assisted numerous project owners and influencers with NFT releases and has a certain reputation within the community. The NFT designs are quite exquisite and have caught the attention of many artists. Zora has been recently promoting the UFO Podcast series NFT, a Free Mint series with exquisitely designed pieces, garnering significant attention from the community.

2.2 Popular Trading Pairs

2.2.1 Uniswap V2

TWEETY (Token) — Tweety, a meme themed around the anime character Tweety, had its presale on PinkSale with over 400 subscribers. Currently, there are 827 holders, with the number of holders doubling after the secondary market trading was opened. After the TGE, the 24-hour trading volume is currently at US$5.46 million, with 5272 transactions. The total market cap is only US$1.82 million. The token contract is secure, and the token has the potential for significant growth. Worth continued attention. https://www.dextools.io/app/en/ether/pair-explorer/0xb780f89d37864492a81c7b0053879486d259f16c

Mega (Token) — Mega Fumo Rock, a memecoin with a 24-hour on-chain trading volume of US$1.93 million, and 4086 on-chain transactions. The token price is currently bouncing back from its bottom. Its trading activity is quite good, and the contract risk is relatively low as contract ownership has been renounced. The liquidity pool is not locked. It is a low-risk token and is an essential one to stay updated on. https://www.dextools.io/app/en/ether/pair-explorer/0x1aa63ab7821958b9e3f34d2deb041d1d3875728e

Hammer (Token) — Hammer Finance. The token fell below its issuance price after the TGE yesterday, causing losses for early participants. The 24-hour token trading volume is US$2.27 million, with 2261 transactions. The token contract risk is relatively low, with the liquidity pool locked on PinkSale. https://www.dextools.io/app/en/ether/pair-explorer/0x85197833716451e780ee69dc96cb7169fc02704c

2.2.2 Uniswap V3

PSYOP (Token) — A memecoin launched by Ben.eth. Yesterday, Elon Musk tweeted an emoji related to PSYOP. Despite no connection to Ben.eth’s project, the emoji drove immense traffic, causing a surge in hype for the token. It experienced a nearly 20x increase in just one day, with the current price correcting and the on-chain trading volume reaching US$4.4 million. The token has no significant contract issues and is an essential one to stay updated on. https://dexscreener.com/ethereum/0xd97a2bd632d32e85ebf88a705bdc47e3a25787ab

UNI (Token) — UNI, the native token of Uniswap, experienced an increase yesterday along with the unusual surge in the DeFi sector. It has increased by 4% in the past 24 hours, with the total market trading volume reaching US$200 million, indicating an increase of 1.7x compared to yesterday. https://www.bitget.com/spot/UNIUSDT?type=spot

3.Blockchain Profile — BSC Chain

3.1 User Profile

3.1.1 Core Data

• Total active users on BSC: 1,264,568
• New active users on BSC: 158,658, with a daily decrease of 42.66%
• Existing active users on BSC: 1,105,910, with a daily increase of 4.55%

3.1.2 New User Profile

• Core data: There were a total of 158,658 new active users on BSC yesterday, with a daily decrease of 42.66%
• Popular Sectors

• Popular Projects

• Key Projects:

CAKE (Token) — CAKE, the native token of PancakeSwap, experienced an increase yesterday along with the unusual surge in the DeFi sector. It has increased by 6% in the past 24 hours, with the total market trading volume reaching US$100 million, indicating an increase of 2.3x compared to yesterday. https://www.bitget.com/spot/CAKEUSDT?type=spot

3.1.3 Existing User Profile

• Core data: The number of BSC active existing users is 1,105,910, with a daily increase of 4.55%
• Popular Sectors

• Popular Projects

• Key Projects:

FTC (Token) — A memecoin that emerged on BSC in the past two days, with a liquidity pool of US$41.4 million. The project has CX attributes and has attracted a substantial amount of capital from outside the crypto circle. The current market cap is US$100 billion, with a 24-hour trading volume of US$3 million. The token carries significant risks and participation is not recommended.

3.2 Popular Trading Pairs

3.2.1 PancakeSwap V2

MEGA (Token) — A rug pull token. The project team itself manipulated the token price. The 24-hour trading volume is US$12.1 million. Currently, the liquidity pool has been removed, and the token has already reached zero value.

WAVES (Token) — Following the recent “rebellion” incident involving the Russian mercenary network Wagner Group, the Russian-concept token WAVES has experienced volatility. During the last Russian invasion of Ukraine, WAVES experienced a 5x increase, and this latest upheaval has similarly stimulated fluctuations in WAVES. DWF Labs has pledged 500,000 $WAVES for staking and voting in support of the launch of Waves DAO. https://www.bitget.com/spot/WAVESUSDT?type=spot

WAGNER (Token) — A memecoin related to the Russian Wagner Group, without any team behind it. Wagner Group announced the abandonment of its action plan yesterday, causing WAGNER to subsequently reach to zero. This token poses a high risk. It is advised to exercise caution due to the frequent occurrence of rug pulls in the market.

4.Blockchain Profile — Polygon Chain

4.1 User Profile

4.1.1 Core Data

• Total active users on Polygon: 396,845
• New active users on Polygon: 88,800, with a daily decrease of 15.11%
• Existing active users on Polygon: 308,045, with a daily increase of 8.82%

4.1.2 New User Profile

• Core data: There were a total of 88,800 new active users on Polygon yesterday, with a daily decrease of 15.11%
• Popular Sectors

• Popular Projects

• Key Projects:

XEN (Token) — Jack Levin, the founder of XEN, is about to launch the XN chain, but only Minters of VMPX can receive the XN airdrop. This has caused dissatisfaction among community users and resulted in the selling off of VMPX, leading to a noticeable drop in VMPX. XEN pulled back after rising nearly 10% yesterday, and market attention has been high recently.

4.1.3 Existing User Profile

• Core Data: The number of Polygon active existing users is 308,045, with a daily increase of 8.82%
• Popular Sectors

• Popular Projects

• Key Projects:

Quadrant Protocol (DApp) — A data-driven tech company focused on improving mobile addresses and POI data. The project’s community interest is low, and the token trading activity is average.

4.2 Popular Trading Pairs

4.2.1 Uniswap V3

AAVE (Token) — According to Lookonchain data, the whale “0x5a80” bought 257,147 AAVE tokens (approximately US$17.2 million) in the past 24 hours, now holding a total of 474,579 AAVE tokens (approximately US$31.8 million). As of now, AAVE has experienced a 15% increase within the past 24 hours, garnering high attention from the community.

5.Blockchain Profile — Arbitrum Chain

5.1 User Profile

5.1.1 Core Data

• Arbitrum Active Users: 175,610
• Arbitrum New Active Users: 35,156, with a daily increase of 8.45%
• Arbitrum Existing Active Users: 140,454, with a daily increase of 9.74%

5.1.2 New User Profile

• Core data: There were a total of 35,156 new active users on Arbitrum yesterday, with a daily increase of 8.45%
• Popular Sectors

• Popular Projects

• Key Projects:

Stargate (DApp) — Influenced by the expectation of Layerzero’s token issuance, Stargate’s interaction data remains at a high level. Most users continue to interact in anticipation of Layerzero’s future token issuance opportunity. Stargate continues to rank highly in terms of daily activity on Arbitrum.

5.1.3 Existing User Profile

• Core data: The number of Arbitrum active existing users is 140,454, with a daily increase of 9.74%
• Popular Sectors

• Popular Projects

• Key Projects:

Lighter (DApp) — A DeFi router invested in by A16Z and Lightspeed, which stands out for its more affordable, faster, and cheaper routing prices. Lighter Router has great potential as a decentralized order book exchange. Its official Twitter posts receive around 5000 views, indicating a good level of community interest in the project.

5.2 Popular Trading Pairs

5.2.1 Uniswap V3

RDNT (Token) — RDNT is the platform token of Radiant Capital, a core LB project in the Arbitrum ecosystem. Recently, with the rebound of the DeFi sector from its bottom, both the trading volume and price of RDNT have shown good performance, resulting in a good level of community engagement. It is essential to stay updated on this token. https://www.bitget.com/spot/RDNTUSDT?type=spot

6.DApp Ecosystem — All Chains

TT-Dice (DApp) — A gambling project built on ThunderCore. It has expanded across multiple chains and features 6 games. The operation of such projects is relatively low-key. TT-Dice has recently seen a notable increase in UAW. Its social media hasn’t been updated in nearly a month, and the volatility of UAW changes for TT chain projects is generally higher than that of other chains.

7.DApp Ecosystem — ETH Chain

ParaSwap (DApp) — ParaSwap is a multi-chain decentralized exchange. There have been two major project updates recently: 1. Camelot, Chronos, and Cables Finance have completed DApp integration; 2. Partnerships have been established with MIMIC and Furucombo, which were officially announced within the community.

8.DApp Ecosystem — BSC Chain

MOBOX (DApp) — A cross-chain metaverse gaming platform. Incorporating the recent Chinese traditional Dragon Boat Festival, the project has launched a promotion for Dragonverse. Participants can earn MODragons, which can unlock corresponding benefits/rights. The promotion is innovative and has received a good response from the community.

9.DApp Ecosystem — Polygon Chain

Gravity Finance (DApp) — Gravity Finance primarily serves as an automated market maker in the DeFi sector. The profits that users earn are distributed in the form of wETH, representing a significant innovation in the DeFi sector. The project has a close relationship with Silos Finance and has conducted several joint marketing activities within the community. As it is still in the early stages, it is worth keeping an eye on its development.

10.DApp Ecosystem — WAX Chain

The UAW of the WAX ecosystem projects has experienced little change, with no underdog projects or hot events appearing.

11.DApp Ecosystem — Solana Chain

MeanFi (DApp) — A multi-chain swap DeFi application, with main modules including a payment stream system, and an aggregated DEX, among others. The project has long been a leading DeFi application in the Solana ecosystem. Its main product feature is performing ERC20-ERC20 conversions using a Dollar Cost Average strategy. The project has recently cooperated with many projects from the Arbitrum ecosystem and integrated the DCA trading feature of STG and MIM.

12.DApp Ecosystem — Arbitrum Chain

WOOFI (DApp) — A decentralized exchange launched by WOO X. It provides users with the best unilateral passive income and the most powerful cross-chain exchange function. Its main modules include Swap, Earn, Stake, and an order book-style decentralized exchange. Recently, it has interacted more with DeFi projects in the Arbitrum ecosystem. Tokens from projects such as Traderjoe and Radiant have been listed on WooFi and have launched a trading competition. This promotion helped the project become one of the top DApps on DappRadar in terms of UAW ranking.

13.DApp Ecosystem — GameFi Sector Across All Chains

DeFi Kingdoms (DApp) — A cross-chain MMORPG that allows players to earn money through gaming, featuring a DEX, liquidity pool opportunities, and a rare, utility-driven NFT marketplace. The project’s token has experienced a significant drop from its all-time high. Recently, the number of joint promotions related to the project has seen a notable increase, garnering a significant level of community attention.

14.Gas Fee Consumption — ETH Chain

zkSync (DApp) — Recently, zkSync’s interaction activity has consistently been at the top on Ethereum in terms of new users. According to the latest data from Dune, there are 1.026 million unique wallet addresses on the zkSync Era mainnet, with 513,000 ETH bridged to zkSync and a total of 1.246 million transfers. Additionally, users can use https://byfishh.github.io/zk-flow/ to check the interaction frequency of their wallet with zkSync. Combined with the data from Dune’s dashboard, they can create high-quality accounts.

15.Gas Fee Consumption — BSC Chain

Seg Finance (DApp) — The contract address of the CrazyShoes Mall. It is related to the BRC-20 standard token SEG (Shoe Elimination Game). This token has reached 22,332 holders, with 95% of the chips concentrated in one EOA address. It’s hard to determine what kind of DApp or other application this contract address represents, as detailed information is hard to find on social media and search engines.

16.Gas Fee Consumption — Polygon Chain

L2BEAT (DApp) — L2BEAT is an analytical and research website dedicated to Ethereum Layer 2 (L2) scaling. It offers a comparison of various Ethereum L2 systems available at present. A key distinction of L2BEAT from similar websites is that it is committed to educating users and only lists projects that meet the strict definition of L2. The project team defines Layer 2 as a chain that derives its security entirely or partially from Ethereum’s Layer 1. This way, users do not have to rely on the honesty of the L2 validators to ensure the security of their funds. The activity level of the project has recently increased.

17.Gas Fee Consumption — Arbitrum Chain

Lighter Router (DApp) — A DeFi router invested in by 16Z and Lightspeed, which stands out for its more affordable, faster, and cheaper routing prices. Lighter Router has great potential as a decentralized order book exchange.

18.Twitter Trends Token Top 20

PENDLE (Token) — Pendle’s TVL has recently seen a continuous rise, increasing from a base of US$17 million to US$150 million. The token price has concurrently reached a new high of 0.7 USDT. The on-chain trading volume in the past 24 hours is US$433,000. PENDLE is available for trading on Bitget, and it is an essential token to stay updated on.

Pepe (Token) — Pepe has experienced a strong rebound of over 100% from its bottom, largely influenced by the rise in BTC. The market interest in PEPE is remarkably high and it has shown strong profitability. However, as BTC has made several unsuccessful attempts to break through the $31,000 level, PEPE has entered a short-term period of oscillation.

19.Google Trends — Global

BTC (Token) — Last week, the US dollar index remained strong while the USD-RMB exchange rate fell below the critical 7.2 level. After a continued rise, the US stock market entered a short-term adjustment period. Influenced by the depreciation of the RMB and the events in Russia, the A-shares (China) opened low and moved lower on Monday, with the global stock market entering a technical adjustment cycle. BTC failed to break the US$31,000 high point multiple times and fell back to around US$30,000, starting to oscillate within a range. If it cannot effectively hold above US$30,500, it may adjust to around US$29,000. The exchange rate of ETH relative to BTC has been continuously falling. The first bullish candlestick appeared yesterday, but its sustainability is weak. Whether ETH can initiate a rally will be an important indicator to measure future profitability in the market. It is important to keep a close watch on this matter.

AAVE (Token) — Several whales have continuously increased their AAVE holdings recently. A whale address beginning with 0x5a80 increased its holdings by 182,000 AAVE on June 25, amounting to US$13.2 million. Currently, it holds 399,500 AAVE, valued at US$29 million. The DeFi lending projects AAVE, COMP, and RDNT have all experienced recent increases. It is essential to stay updated on the sustainability of this trend.

20.Google Trends Surge — East Asia, South Asia, Southeast Asia, Hong Kong, Macau, and Taiwan

a) South Asia Region

India Trending Tokens: COMP, EGLD

Pakistan Trending Keywords: Crypto marketcap, crypto screener, coinpayu

b) Southeast Asia Region

Indonesia Trending Keywords: binance, staking crypto, trading view crypto

Thailand Trending Tokens: RAN

Philippines Trending Tokens: ADA, BAT, AAVE

Vietnam Trending Keywords: coinmarketcap, crypto bubble

c) East Asia and Hong Kong, Macau, and Taiwan

Trending Keywords: crypto news, crypto in Chinese, bitcoin price, crypto wallet

21.Google Trends Surge — English-speaking Countries, Europe, CIS Region

a) CIS Region

Trending Keywords: Crypto crew, Crypto news, Crypto nexus

b) English-speaking Countries

Australia Trending Tokens: AAVE, NGS, AVAX, COMP, ETH

USA Trending Tokens: AAVE, COMP, PSYOP

Canada Trending Tokens: COMP, AAVE, PSYOP

c) Europe

Spain Trending Tokens: GQ, PI, KDA, SHIB, FLOKI, FTM, VET

France Trending Tokens: NEXUS, COMP, CHZ, PI, ANC

Germany Trending Tokens: COMP, PEPE, MICA

Italy Trending Tokens: AAVE, SLP, SHIB

Poland Trending Tokens: PEPE, MATIC

Turkey Trending Keywords: fire faucet, cryptomarketcap, crypto bubbles

22.Google Trends Surge — Middle East, Latin America, Africa

a) Africa

Nigeria Trending Keywords: crypto bubbles

South Africa Trending Keywords: fancy crypto, binance, crypto news, easy crypto

b) Middle East

Trending Tokens: PEPE, AAVE, ETH

c) Latin America

Brazil Trending Tokens: AAVE, AXS

Mexico Trending Keywords: crypto arena, crypto tower

Argentina Trending Tokens: CAKE, PEPE

References

1. Dune Dashboard - Blockchain Profile: https://dune.com/bitgetresearch/bitgetreseach-chains-overview

2. Dune Dashboard - Gas Fee Consumption: https://dune.com/bitgetresearch/gas-overview