Golden Web3.0 Daily | Ethereum will launch Hooli test network

DeFi data

1. Total market value of DeFi tokens: US$86.537 billion

DeFi total market value data source: coingecko

2. The trading volume of decentralized exchanges in the past 24 hours was US$6.08 billion

Source of transaction volume data from decentralized exchanges in the past 24 hours: coingecko

3. Locked assets in DeFi: US$88.836 billion

DeFi project locked assets ranking and locked positions data source: defilama

NFT data

1.NFT total market value: US$17.544 billion

NFT total market value and market value top ten projects data source: Coinmarketcap

2.24-hour NFT trading volume: US$ 2.182 billion


NFT total market value and market value top ten projects data source: Coinmarketcap

Top NFTs within 3.24 hours

NFTs with the top ten sales gains within 24 hours Source: NFTGO

Headlines

Ethereum will launch Hooli testnet on March 17

Ethereum core developers announced that the new test network Hooli will be launched on March 17 for the final test of the Pectra upgrade, with the goal of deploying to the main network from the end of April to early May. Previously, Pectra failed to test on Sepolia and Holesky test networks due to misconfiguration, and Holesky was down for several weeks. Hooli will conduct a Pectra test upgrade on March 26. If successful, the developer plans to start the main network upgrade in 30 days.

MEME hot spots

1. Data: Pump.fun 's Meme coin "graduation rate" is below 1% for four consecutive weeks

According to Cointelegraph, Pump.fun's token "graduation rate" has been below 1% for four consecutive weeks. The best performance in history occurred in November 2023, when about 5,400 tokens successfully entered the Solana DeFi ecosystem. It is reported that the "graduation rate" on this platform refers to the proportion of the token transition from the incubation stage to the fully tradable state of Solana's decentralized exchange (DEX). To meet graduation standards, tokens need to meet specific liquidity and trading requirements.

2.Matrixport: Liquidity improves but Meme coins lag, Bitcoin risks still exist

On March 14, the Matrixport report disclosed that although the recent weakening of the US dollar has driven the recovery of global liquidity indicators and slightly improved inflation data, the meme coin sector in the cryptocurrency market is still performing sluggishly and shows no signs of recovery. The report noted that the altcoin market began to decline after reaching its peak in early December 2024, with the meme coin bubble bursting in January this year, causing the total market value of the cryptocurrency market to decrease from $3.6 trillion to $2.6 trillion. The Solana-based Pump.fun platform has generated more than $582 million in revenue over the past 12 months, but revenue growth has declined rapidly in recent years. The report also mentioned that hedge fund closing arbitrage positions is the main driver of recent Bitcoin selling pressure, which may be approaching its maximum intensity.

3. MEME creation platform TimingFox has now entered the final launch stage

According to official news, TimingFox, a MEME creation platform powered by blockchain and AI, has now entered its final launch stage and is expected to enter the exchange soon and officially start its market journey. TimingFox will bring additional profit opportunities to investors through the NFT staking mechanism, and build a decentralized and efficient creation and investment ecosystem with its security architecture based on the Ethereum blockchain and transparent transaction model.

DeFi hotspots

1.Solana Voting on the Chain SIMD 228 Turnout Rate exceeds the US Presidential Election within a hundred years

Golden Finance reported that according to Solana's official statement, the turnout rate of Solana's on-chain governance proposal SIMD 228 reached 72%, exceeding the turnout rate of all U.S. presidential elections in the past 100 years. The chart shows that the turnout rate in presidential elections in the history of the United States is usually between 50% and 65%.

2. Binance will support Ronin (RONIN) network upgrade and hard fork

According to Golden Finance, Binance is expected to suspend the token recharge and withdrawal services of Ronin (RONIN) network at 14:00 on March 17, 2025 (East Eighth District time) to support its network upgrades and hard forks. The project party will conduct network upgrades and hard forks at block height of 43,447,600 (expected at 15:00 East District 8 time on March 17, 2025).

3.SEC confirms acceptance of Franklin Templeton Spot Solana ETF application documents

According to Cointelegraph, the U.S. Securities and Exchange Commission (SEC) has confirmed the acceptance of the spot Solana ETF application documents submitted by Franklin Templeton.

4. Arbitrum announces Karrat Foundation will work with it to launch Studio Chain

According to a report by Arbitrum on X platform, the Karrat Foundation will jointly launch Studio Chain with Arbitrum. At the same time, the Karrat Foundation has also reached a strategic partner with the Arbitrum Foundation. It is reported that the blockchain plans to focus on the game market and will integrate Karrat native tokens into the Studio Chain ecosystem.

5.Farcaster founder: will cooperate with ecological projects to provide airdrops to users, and the first airdrop will be conducted next week

According to Golden Finance, Farcaster founder Dan Romero posted on social media that Farcaster will cooperate with developers/projects who want to provide airdrops to users. After the user joins, perform the required actions (using frameworks, participating channels, etc.), and establish a good user reputation, you can get airdrops in the future. Ultimately, the developer can decide on the target user (the data is permissionless). The first airdrop will take place next week. Dan Romero added that it is important to be clear that airdrops come from frameworks built by ecosystem developers (not Farcaster).

Disclaimer: As a blockchain information platform, the content of the articles published by Golden Finance is for information reference only and is not used as actual investment advice. Please establish the correct investment philosophy and be sure to improve your risk awareness.