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VIPBitget VIP Weekly Research InsightsLiquid staking emerged after Ethereum transitioned from a proof-of-work to a proof-of-stake mechanism. Its primary goal is to enhance asset utility by allowing users to earn staking rewards while maintaining the liquidity of their staked positions. Currently, mainstream liquid staking protocols allow users to stake their assets in exchange for liquid staking tokens (LSTs). For instance, by staking ETH on platforms such as Lido, users receive stETH tokens. This approach is commonly referred to as "liquid staking derivatives" (LSDs). Since Binance hinted at collaborating with Sanctum to launch the Solana liquid staking token BNSOL, Sanctum's governance token CLOUD has gained significant attention, rising despite unfavorable market trends. On September 5, Bybit announced its partnership with Solayer to launch bbSOL. Additionally, major exchanges have unveiled plans to introduce Solana LST tokens. EigenLayer also began its second season of airdrop claims this week, with its governance token EIGEN potentially circulating by the end of September. The LSD and restaking sectors are gaining quiet momentum, potentially setting the stage for a new wave of hype around restaking within the SOL ecosystem.
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VIPBitget VIP Weekly Research InsightsUS initial claims for unemployment insurance and the unemployment rate are being released this week, key factors influencing the Federal Reserve's decision on interest rate cuts in September. The market has been sluggish recently, with noticeable risk-averse sentiment. Bearish sentiment among community users and the arrest of Telecom's CEO, a black swan event, have further dampened the mood, resulting in average performance for blue-chip coins and altcoins. The market tends to fluctuate significantly when macroeconomic data is about to be released. It is reasonable to reduce leverage, maintain reasonable position sizes, and preserve funds to buy the dip. We will introduce upcoming token launches on Bitget, on-chain earning opportunities with USDT/USDC and SOL, and speculative targets in the Solana Liquid Staking (LSD) sector.
- 06:47Ethereum's Fee Revenue Reaches $2.2 Million in the Past 24 Hours, Returns to the TopAccording to a report by Jinse Finance, data from Artemis shows that Ethereum (Ethereum) topped the list with a transaction fee revenue of $2.2 million in the past 24 hours. Tron ranked second with a fee revenue of $2 million; Hyperliquid and Solana ranked third and fourth with transaction fee revenues of $1.7 million and $1.5 million, respectively. BNB Chain ranked fifth with a fee revenue of $543,200.
- 06:46Cross-Chain Bridge Orbiter Finance Announces Integration with Sui and Launches Liquidity Incentive ProgramOn May 15, it was reported that the cross-chain bridge Orbiter Finance announced the integration of Sui and launched a liquidity incentive plan. In collaboration with six major Sui ecosystem DeFi protocols, including NAVI, Astros, Momentum, Turbos Finance, Typus Finance, and Bucket Protocol, they are launching an airdrop event with a total prize pool of $24,000. From May 12 to 26, users can share the rewards by completing cross-chain bridging, exchanges, and participating in various DeFi tasks, thereby facilitating capital inflow into the Sui ecosystem.
- 06:4610x Research: Bitcoin Poised to Hit New Highs if US Inflation Data Meets Expectations This WeekAccording to a report by Jinse Finance, 10x Research states that the market generally expects the year-on-year growth rate of the US CPI in April to remain unchanged at 2.4%. "If this expectation comes true, the market may view this inflation report as positive news. Unless there is negative tariff news, this week's inflation data could become a catalyst for Bitcoin's rise," said Markus Thielen, founder of 10x Research, in an interview. "The CPI data could potentially be favorable and may drive Bitcoin to reach new highs," he added.