News

Jinse Finance reported that Lightning Labs CEO Ryan Gentry has submitted an application to establish a $200 million SPAC (Special Purpose Acquisition Company) named Bitcoin Infrastructure Acquisition Corp, targeting companies in the digital financial infrastructure sector. Board members come from DeFi Dev Corp and Nakamoto (Kindly).

ChainCatcher news, on-chain data analyst Murphy released a comparison of capital flows for ETH, SOL, and BTC. The net growth of realized market value (RC-Inflows) is the result of the market "voting" with real money; the faster the growth, the more direct capital inflow there is. On August 28: BTC's net growth in realized market value was $1.17 billion, but from the 23rd to the 27th, the daily net growth was all below $500 million; ETH's net growth in realized market value was $1.27 billion, and from the 23rd to the 27th, the daily net growth was basically above $500 million but below $1 billion; SOL's net growth in realized market value was $2.02 billion, and from the 23rd to the 27th, the daily net growth was basically above $1 billion. Recently, the net growth in realized market value for both SOL and ETH has surpassed BTC, and in the past week, SOL's growth momentum has slightly outperformed ETH. Previously, capital favored ETH, but now capital is once again embracing SOL. This sharing is for learning and communication purposes only and does not constitute investment advice.