China's forex reserves in May

This week, the market has picked up, the MEME sector has risen again, and WIF has been the most prominent, and there are only about 20 days left until the Bitcoin halving...

Solana's atomized SVM Layer2 project Sonic has completed a $12 million Series A financing led by Bitkraft, with participation from Galaxy Interactive, Big Brain Holdings, Matt Sorg (Solana founding team), Nom (Bonk), and other institutions and individuals. Sonic will be used to promote product upgrades and ecosystem expansion, enabling fast synchronization between Layer2 networks and the Solana mainnet status through atomization interconnection with Solana, eliminating the need for developers to redeploy contracts. The project is committed to attracting more developers to join the Solana gaming ecosystem and providing a faster and smoother on-chain gaming experience.

Author: Shenchao TechFlow Fantom seems to be bucking the trend. Against the backdrop of the overall major correction in the crypto market in the past week, the price of FTM has been spiraling upward, breaking through to a new price high in the past year. The soul of Fantom, the star AC (Andre Cronje) of the last round of DeFi Summer, has returned, calling orders frequently on X, and even created a new "MEME" primitive: The protagonist of the meme is Fantom Sonic, which means punching and kicking "parallel EVM", implying that its performance is superior. AC stated bluntly: "Parallelization doesn't even rank high among the benefits of our technology improvements." On one side are high-performance new L1 "parallel EVMs" such as Monad and Sei.

46/69 for Sonic tech upgrade; 12 nodes to go 👀 $FTM

A detailed analysis of Bitcoin's recent performance, institutional investments, and potential impacts on Ethereum and other digital assets. - 💰 Bitcoin climbed above $66,000 early on Friday, recovering from a dip. - 📈 It was trading around $65,000 while showing a 0.4% increase over the past 24