Powell signals support for further rate cuts as U.S. job market cools

The current $850 million FDV still has reasonable room for growth considering Zora's ecosystem status and growth potential.

1. The blockchain project Megaeth has recently reached a critical milestone with its public sale, marking the official start of the project. Its goal is to build the world's fastest public chain to solve the "last mile" problem of blockchain's management of global assets. 2. Industry observations indicate that the crypto punk spirit has been weakening year by year, and the industry's focus is shifting towards high-performance infrastructure. Against this backdrop, Megaeth is advancing the implementation of its project, emphasizing that the blockchain industry has moved past the early exploratory phase, and high performance has become key to supporting the next stage of application scenarios. 3. Industry insiders believe that all infrastructure has a "late-mover advantage," and blockchain also needs to go through a process of performance upgrades to drive scenario expansion. High performance is seen as the key to unlocking larger-scale applications. 4. With multiple chains exploring performance pathways, Megaeth positions itself as aiming to be the "fastest public chain," attempting to solve the challenge of "trillions of transactions on-chain." The team believes that addressing real-world problems is the most effective path, regardless of whether it is Layer1 or Layer2. 5. Megaeth's public sale is seen as the beginning of its "first mile" journey. Although it may face technical challenges, the potential brought by its differentiated underlying architecture is highly regarded and is expected to give rise to new industry paradigms.