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VIPBitget VIP Weekly Research InsightsOver the past year, the performance of ETH and its ecosystem has been underwhelming, with the ETH/BTC ratio down by 30% year-to-date. However, it's important to note that BTC has faced a monthly-level correction after hitting resistance at $100,000, while Solana's DEX volumes have seen a significant decline. These shifts suggest that capital is starting to flow back into the ETH ecosystem, with whales quietly accumulating assets over the past year. Several promising projects within the ETH ecosystem and on EVM chains are worth highlighting.
VIPBitget VIP Weekly Research InsightsAs the regulatory landscape for DeFi and cryptocurrencies in the United States becomes clearer, top-performing DeFi projects with strong profitability are poised to give their tokens genuine value. This could involve using a portion of their profits for token buybacks or directly distributing profits to token holders. If these proposals are implemented, the valuations of these DeFi projects could experience significant upward adjustments. Early market interest has already emerged, making these projects worth investors' attention.
VIPBitget VIP Weekly Research InsightsLast week, Vitalik Buterin and CZ hosted the DeSci (Decentralized Science) conference at Devcon, where Vitalik unveiled the first DeSci product. CZ also expressed ambitions to see 1000 DeSci products next year, sparking widespread attention to the DeSci concept across the industry. Key speculative projects, RIF and URO, each surpassed a market cap of $100 million. As the sector continues to grow, DeSci remains an area worth close attention.
- 18:26US-listed Company Worksport: Digital Asset Portfolio Grows Approximately 15% Since December Last YearForesight News reports that American truck manufacturer Worksport (NASDAQ: WKSP) has announced that its Bitcoin (BTC) holdings have doubled since the launch of its crypto financial strategy in December 2024. The company noted that its current digital asset portfolio, consisting of Bitcoin and XRP, has grown by approximately 15% since the initial purchase. The specific amount of holdings will be disclosed in the company’s Q2 2025 financial results, scheduled for release on August 13, 2025.
- 18:26A major whale sells 10,000 stETH and 398 BTC within 2 hours, worth approximately 84.93 million USDCAccording to Foresight News, Lookonchain monitoring shows that the whale with the address starting 0xd8d0 sold 10,000 stETH (worth approximately $38.16 million) and 398 BTC (worth approximately $46.41 million) in the past two hours, earning a profit of 84.93 million USDC.
- 18:25glassnode: BTC Price Exceeds STH Cost Basis by $106,000, Consistent with Mid-Bull Market Behavior PatternsAccording to Foresight News, glassnode data shows that BTC is currently trading at a price still above the short-term holder cost basis of $106,000, a level historically regarded as the dividing line between bull and bear markets. This structure is consistent with mid-bull market behavioral patterns, although the recent pullback has added uncertainty to the short-term market.