News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
VIPBitget VIP Weekly Research InsightsAs markets begin pricing in expectations of rate cuts, on-chain trading volume continues to grow. Pump.fun is preparing to launch its token, while Letsbonk.fun is gaining momentum. For the first time last week, its number of daily token launches and "graduated" projects surpassed Pump.fun, ending Pump.fun's dominance in the memecoin launchpad space since early 2024. The wealth effect generated by Letsbonk.fun's ecosystem has also been significant. Meanwhile, the growing maturity of hybrid "spot + on-chain" products on major centralized exchanges (CEXs) is helping build strong momentum for on-chain market activity. Since the memecoin craze driven by celebrities and political figures earlier this year, market liquidity has gradually recovered from near-dry conditions. The upcoming token launch on Pump.fun may spark renewed ecosystem-level competition among launchpad platforms, generating sustained speculative momentum that continues to benefit the broader Solana ecosystem.
- 18:41129.44 Trillion: Bitcoin Reaches All-Time High Mining DifficultyAccording to Jinse Finance, Bitcoin network difficulty increased by 1.42% last Friday at block height 909,216, making it more challenging to obtain block rewards. This adjustment pushed the difficulty to 129.44 trillion, setting a new all-time high for the network. Meanwhile, in 2025 so far, the difficulty has been adjusted 16 times. Since January 12, the difficulty has seen a slight increase of 0.61%. Of these adjustments, there were 11 increases, totaling a rise of 34.27%, and 5 decreases, totaling a drop of 16.54%. This means that Bitcoin mining difficulty has risen by 17.73% so far this year. The latest increase has also led to a slight decline in hash rate.
- 17:51Solayer Announces Upcoming Launch of Solayer Bridge (sBridge)Foresight News reports that Solayer has announced the upcoming launch of Solayer Bridge (sBridge). It supports bridging any Solana token, features instance bridge cap limits, a non-database design, and on-chain replay protection. It can operate statelessly and is highly optimized for SVM. Solayer Bridge (sBridge) is a cross-chain bridge based on SVM, specifically designed to securely transfer assets and execute cross-chain transactions between the Solana and Solayer environments.
- 17:24USDe Market Cap Surpasses $10 Billion for the First Time, ENA Soars Over 186% During the Same PeriodBlockBeats News, August 9—According to official data, the current market capitalization of USDe has surpassed $10 billion for the first time, reaching a record high. Compared to July 4 ($5.31 billion), this marks an increase of $4.69 billion, or 88.3%. During the same period, ENA rose by 186%. At the time of writing, USDe is trading at $1.001; ENA is trading at $0.7449, up 20.77% in the past 24 hours, with its market capitalization rising to $4.911 billion.