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VIPBitget VIP Weekly Research InsightsRecent bullish news surrounding a potential Solana ETF has reignited market optimism. The SEC has asked issuers to update their S-1 filings, signaling that ETF approval could be near. This development has boosted confidence in the Solana ecosystem. As a high-performance Layer-1 blockchain, Solana (SOL) offers fast transactions and low fees, making it a hub for DeFi and NFT activity, while also drawing increasing institutional interest. Jito (JTO), the leading liquid staking protocol on Solana, saw its token surge 17% after JitoSOL was included in a Solana ETF prospectus. Its MEV optimization further enhances network value. Jupiter (JUP), Solana's top DEX aggregator with a 95% market share, recently launched a lending protocol, highlighting strong growth potential. These tokens offer investors early exposure ahead of a possible ETF approval and a chance to benefit from Solana's expanding ecosystem.
VIPBitget VIP Weekly Research InsightsThe crypto market has recently been affected by multiple uncertainties, posing significant challenges for investors. Since the Trump administration took office, its foreign policy has shifted rapidly and unpredictably. For example, in early 2025, the U.S. Unexpectedly tightened restrictions on tech exports to China, leading to diverging views on the future of blockchain-related technologies. Although Trump has repeatedly voiced support for cryptocurrencies on social media, no concrete policies have followed. This ambiguity has made market sentiment swing between optimism and caution, leaving it highly reactive to both breakthroughs and black swan events. Meanwhile, the altcoin market continues to languish, lacking a clear investment narrative. Previously common sector rotations, such as DeFi, AI, or GameFi, have largely faded. Hype is scattered and short-lived. Memecoins on various public chains have surged in number, but most have short lifespans and quickly go to zero. This makes it harder for investors to identify high-quality projects. In this environment, allocating part of your capital to stablecoin-based yield products may be a prudent move. Beyond conventional DeFi protocols such as Aave, Compound, and Kamino for staking USDT and USDC, Bitget provides users with a broader selection of stablecoin investments offering higher APRs.
VIPBitget VIP Weekly Research InsightsEthena, Hyperliquid, and ONDO stand out in this cycle as high-conviction projects with exceptionally strong product-market fit (PMF). Ethena centers around its innovative stablecoin protocol, USDe. Through dynamic strategy adjustments and efficient capital utilization, it offers both high yield and stability. With over $1.3 billion in circulation, it reflects strong and growing market demand. Hyperliquid focuses on decentralized derivatives trading. Built on a high-performance L1 and powered by user-driven strategy optimization, it has seen a surge in trading volume. This showcases explosive ecosystem growth and has gained traction from both institutional and retail participants. ONDO bridges traditional finance and DeFi by tokenizing real-world assets (RWA), such as U.S. Treasuries. It meets the growing investor demand for low-risk, high-liquidity products, and its market recognition is rapidly accelerating. Each of these projects addresses a key pain point in its vertical: Ethena delivers yield stability, Hyperliquid boosts trading efficiency, and ONDO connects TradFi to DeFi through RWA. Together, they represent a combination of technological innovation and strong market traction. Looking ahead to 2025, macro conditions — from low volatility to policy tailwinds — further support their continued growth, positioning them as standout investment opportunities in this cycle.
VIPBitget VIP Weekly Research InsightsLast week, Ethereum completed the Pectra upgrade—one of its most significant updates in the past three years. The upgrade improved the staking mechanism, expanded Layer 2 blob support, and introduced account abstraction. Around the same time, Ethereum co-founder Vitalik Buterin proposed simplifying the network's architecture to boost long-term resilience and competitiveness, aiming to reach Bitcoin-level simplicity within five years. Leadership changes at the Ethereum Foundation also signaled a renewed commitment to reform and sustainable growth. These developments reignited market confidence, especially among long-term ETH holders, and triggered a sharp price rally of nearly 40% in just over a day—pushing ETH to the top of trending searches on platforms like TikTok. The broader Ethereum ecosystem surged as well, with the liquid staking sector leading the way.
- 00:37A major whale/institution transferred 26,000 ETH to CEX in the past 3 days, worth approximately $74.11 millionAccording to ChainCatcher, monitoring by EmberCN shows that over the past three days, a certain whale/institution has successively transferred 26,000 ETH, worth approximately $74.11 million, to centralized exchanges (CEX). This whale/institution redeemed as much as 155,000 ETH from staking protocols through three addresses, and since June 11 has transferred 146,000 ETH, valued at $371 million, to CEX. The remaining balance at these addresses is 8,919 ETH, about $26.21 million.
- 00:29In the past three days, a whale has transferred another 26,000 ETH, selling a total of 146,000 ETH in one monthOdaily Planet Daily News: According to on-chain analyst Ember (@EmberCN), in the past three days, this whale/institution has transferred another 26,000 ETH to CEXs, worth approximately $74.11 million at current prices. Previously, this address redeemed a total of 155,000 ETH from staking through three wallets, and since June 11, has cumulatively transferred 146,000 ETH to CEXs, with a total value of about $371 million.Currently, this address holds only 8,919 ETH (about $26.21 million), and it is expected that after one or two more transfers, the liquidation will be nearly complete.
- 00:28SpaceX to Invest $2 Billion in Elon Musk’s xAIChainCatcher reports that, according to The Wall Street Journal, Elon Musk’s SpaceX has agreed to invest $2 billion in his artificial intelligence company xAI, which accounts for nearly half of the recent equity financing for the maker of the Grok chatbot. Musk has repeatedly leveraged his business empire to support this AI startup, which is striving to catch up with OpenAI. Earlier this year, he merged xAI with X, combining a small research lab with a social media platform to help expand the reach of its Grok chatbot. This merger brought the new company’s valuation to $113 billion.