Key Market Information Discrepancy on May 21st - A Must-See! | Alpha Morning Report

Featured News

1. Hyperliquid High Win Rate Whale Shorts Bitcoin with 40x Leverage, Short Position Value Reaches $88.41 Million

2. BNB Chain Ecological Project BUILDon(B) On-Chain Trading Volume Surpasses $100 Million

3. Ethereum Co-Founder Jeffrey Wilcke Has Transferred 394,000 ETH to Kraken Since 2016, Total Cash-Out Amount Approximately $510 Million

4. Bloomberg Analyst: BlackRock's Bitcoin Holdings Reach 57% of Satoshi Nakamoto's, Expected to Become the World's Largest Bitcoin Holder by Late Summer Next Year

5. Robinhood Submits Proposal to US SEC to Advance the Establishment of a Tokenized Federal Framework for RWAs

Articles & Threads

1. "Stablecoin Bill Makes Progress, Why Did FRAX Become the Biggest Winner?"

The U.S. "GENIUS Act" has passed in the Senate, and Frax Finance (FXS token) is seen as the biggest winner with its founder deeply involved in drafting the act, transitioning to a fully collateralized stablecoin, and building a compliant ecosystem (frxUSD stablecoin, FraxNet bank interface, Fraxtal L2). With a price surge of over 100% in a month, it is considered the biggest winner. If the bill is ultimately passed, Frax may further benefit from its regulatory first-mover advantage.

2. "Planning the "Revolution" Solana Consensus Mechanism, Who Is Anza?"

The Anza company, founded by the Solana core team, has launched the "Alpenglow" initiative, aiming to overhaul the Solana consensus mechanism. It will replace the existing system with Votor (Efficient Parallel Voting) and Rotor (Optimized Block Propagation) to reduce block confirmation time to 100-150 milliseconds, enhancing network performance. This upgrade is seen as a key turning point for Solana towards internet-scale infrastructure and has attracted talents such as Ethereum researcher Max Resnick to join, with the goal of competing with Ethereum and driving blockchain technology innovation.

Market Data

Daily Market Overall Funding Heatmap (based on Funding Rate) and Token Unlocks

Data Source: Coinglass, TokenUnlocks

Funding Rate

Token Unlocks