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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.
- 07:42SharpLink transfers 145 million USDC to Galaxy, possibly to increase ETH holdingsBlockBeats News, July 26 — According to on-chain data analyst Yujin, the SharpLink address has transferred 145 million USDC, which it received earlier today from a Circle address, to a Galaxy Digital wallet. Previously, SharpLink Gaming primarily purchased ETH through Galaxy Digital, so this transfer of 145 million USDC may also be intended for further ETH accumulation.
- 06:22Analyst: This Week’s Selling Pressure Reached Extreme Levels for the Cycle, but BTC’s Stable Price Can Be Seen as a Positive SignalAccording to a report by Jinse Finance, CryptoQuant analyst Axel stated on social media that during the current bull market cycle, there have only been 12 weeks with short-selling pressure equal to or greater than this week, accounting for about 7.3% of the entire cycle. This means that the level of selling pressure this week ranks among the top 7% of extreme historical levels, yet the price has rebounded to $117,000—a fact that can itself be seen as a positive signal.
- 04:26Decentralized Data Platform Sapien Announces Tokenomics with a Total Supply of 1 Billion TokensAccording to official sources reported by Jinse Finance, the decentralized data platform Sapien has announced its tokenomics. The token is named $SAPIEN, with a total supply of 1 billion tokens. The main allocation is as follows: 47% is allocated to protocol development participants (contributors, builders, early supporters), and 53% is allocated to contributor incentives (task rewards, liquidity incentives, community treasury). The distribution plan is as follows: Seasonal airdrop accounts for 13%, with 130,000,000 tokens, 100% unlocked at TGE; Liquidity incentives account for 7%, with 70,000,000 tokens, 100% unlocked at TGE; Staking incentives account for 5%, with 50,000,000 tokens, 100% unlocked at TGE; Supporters/investors account for 26.82%, with 268,161,963 tokens, locked for 12 months and released linearly over 24 months; Team and advisors account for 20.18%, with 201,838,037 tokens, locked for 12 months and released linearly over 24 months; Contributor rewards account for 15%, with 150,000,000 tokens, released linearly over 36 months; Community treasury accounts for 13%, with 130,000,000 tokens, released linearly over 36 months.