Golden Web3.0 Daily | The US Stablecoin Act may be passed on May 26

DeFi data

1. Total market value of DeFi tokens: US$115.387 billion

DeFi total market value data source: coingecko

2. The trading volume of decentralized exchanges in the past 24 hours was US$7.169 billion

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

3. Locked assets in DeFi: US$114.792 billion

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

NFT data

1.NFT total market value: US$22.16 billion

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

2.24-hour NFT trading volume: US$ 2.969 billion


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

Top NFTs within 3.24 hours

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

Headlines

The U.S. Stablecoin Act may be passed on May 26, and has removed clauses against the Trump family

Golden Finance reported that the U.S. Senate plans to pass the National Innovation Stable Coin Guidance and Establishment Act (GENIUSAct) as early as May 26, which aims to establish a federal regulatory framework for stablecoins. Previously, Democrats blocked their advancement on May 8 over concerns that the bill could benefit former President Trump and his family from crypto projects. To reach a consensus, the bill has removed relevant provisions against the Trump family.

MEME hot spots

1. Binance report: Meme coin accounts for 41% of the AI ​​crypto market, but DeFAI is still on the rise

According to Golden Finance, the latest report from Binance Research Institute shows that in the AI-related cryptocurrency field, Meme coins dominate with a market share of 41%, while the DeFAI sector, which combines AI and decentralized finance, currently only accounts for 10%. The report points out that DeFAI is undergoing a transformation from proof of concept to infrastructure, and its development mainly relies on four core components: AI agents, development frameworks, protocol layers and trading markets. Recent industry trends have confirmed the growth trend of DeFAI. For example, Tether's newly launched QVAC project is in line with the characteristics of the DeFAI protocol framework. The report also warns that there are three major risks in this field: unclear definition of ownership of AI agents, insufficient operational transparency, and possible abuse problems in decentralized governance. Researchers believe that if an effective regulatory framework is established, DeFAI is expected to reshape the on-chain financial system.

2. The TRUMP token holdings of 17 wallets among the top 220 holders of the TRUMP dinner have been cleared

According to Reuters, Trump promised that the top 220 holders of TRUMP coins will receive invitations to attend a grand dinner, and the top 25 will also enjoy "super exclusive private VIP reception" and "special VIP tour". However, data shows that 17 wallet addresses of the top 220 holders of TRUMP dinner have returned to zero, and the 25th whale "noah" has also cleared its TRUMP tokens. Currently ranked number one is a wallet called "SUN" with a time- weighted holding worth nearly $18 million. Blockchain analysis firm Arkham said the wallet is owned by Seychelles-based cryptocurrency exchange HTX, a cryptocurrency entrepreneur, who is a member of the HTX global advisory board.

DeFi hotspots

1. The proposal to "airdrop USD1 to WLFI holders" has been approved

May 15th news, World Liberty Financial (WLFI) has passed a proposal to distribute USD1 to all eligible $WLFI token holders to test their over-chain airdrop capabilities. This airdrop will be conducted on the Ethereum main network. The specific airdrop time and conditions will be decided by World Liberty Financial and announced separately. Previous news, WLFI initiated a Snapshot proposal, planning to airdrop USD1 stablecoin to $WLFI holders.

2.Phantom launches liquid pledged token Phantom Staked SOL (PSOL)

On May 15, Phantom announced the launch of its liquid staking token Phantom Staked SOL (PSOL), aiming to provide users with a simple and powerful staking experience. With PSOL, users can earn SOL rewards while maintaining liquidity and support the Solana network.

3.Sui main network upgrade to V1.48.2

According to the official disclosure, Sui main network has been upgraded to V1.48.2 version, and the agreement has been upgraded to version 82. Other upgrade points include cleaning and minor repairs of Sui System, enabling TLS encryption support when connecting to the verification node through the gRPC interface, and the generated Move debug trace file format will be compressed, and the original test trace needs to be regenerated before it can be used.

4. Solana 's network DEX transaction volume exceeded US$4.5 billion in the past 24 hours, the first in the network

According to DefiLlama data, Solana's network DEX transaction volume reached US$4.571 billion in the past 24 hours, ranking first in the entire network. In addition, Solana Network DEX transaction volume reached US$27.515 billion in the past week, a weekly increase of 48%. The top three DEX protocols in Solana's ecological market share are Raydium, Meteora and Orca.

5. Cardano founder reveals details of the “Glacier Drop” airdrop plan for privacy sidechain Midnight

According to Golden Finance, Cardano founder Charles Hoskinson announced details of the airdrop plan for the privacy sidechain Midnight's "Glacier Drop" at the Consensus 2025 conference. The plan will distribute governance tokens NIGHT and privacy token DUST to 37 million users of 8 mainstream public chains, clearly excluding the share of venture capital institutions, and all tokens are directly targeted to ordinary users. Hoskinson also proposed the "collaborative economics" model, allowing developers to use native tokens such as ETH and SOL to pay for cross-chain application fees, and validators can also obtain benefits from cross-chain collaboration. The Midnight test network has been launched and the main network is expected to be launched by the end of 2025. This airdrop is seen as a strategic measure to alleviate industry divisions and respond to the entry of technology giants.

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.