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ChainCatcher news, according to SoSoValue data, the sharp cooling of the US August PPI has strengthened expectations of interest rate cuts. At the same time, SEC Chairman Paul Atkins announced the official launch of Project Crypto, aiming to improve regulatory rules to support the development of on-chain markets. As a result, market sentiment in the crypto sector has heated up again, with various sectors continuing their upward trend. The Layer2 sector rose by 6.64%, Mantle (MNT) surged again by 12.98%, and the newly listed Linea (LINEA) soared by 392.60%. In addition, BTC increased by 2.62%, standing above $113,000. Ethereum (ETH) rose by 1.50%, breaking through $4,300. Meanwhile, MAG7.ssi rose by 2.48%, DEFI.ssi increased by 1.33%, and MEME.ssi climbed by 2.45%. In other sectors, the Meme sector rose by 2.87%, with Pump.fun (PUMP) up by 18.58%; the Layer1 sector increased by 2.74%, with Avalanche (AVAX) up by 11.55%; the DeFi sector rose by 2.23%, with MYX Finance (MYX) surging again by 19.44%; the CeFi sector increased by 2.11%, with Hyperliquid (HYPE) up by 2.96%; and the PayFi sector rose by 1.74%, with Stellar (XLM) up by 3.53%.The crypto sector indices reflecting historical sector performance show that the ssiLayer2, ssiMeme, and ssiGameFi indices rose by 5.36%, 2.66%, and 2.34% respectively.

ChainCatcher news, Cryptotesters founder and Socket Head of Growth Lito Coen posted on X, expressing hope that someone could help contact Pantera Capital and is willing to acquire all of Pantera Capital's FLUID positions currently for sale in a way that would have minimal impact on the market. Lito Coen further stated: "There is nothing wrong with Pantera Capital selling tokens they invested in back in 2019 and that are now fully unlocked. They also need to fulfill their investment commitments to LPs. I just want to offer an alternative exit with less impact." Later, Lito Coen said he had reached out to Pantera Capital, but the outcome of the negotiations is still unclear.