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It's been nearly two months since the trend of celebrities and politicians launching memecoins began. During this period, liquidity in the Solana ecosystem almost dried up. Pump.fun, which once saw over 2000 successful launches landing on DEXs daily, hit a low of just slightly over 50 new projects per day, marking a drop of nearly 97%. During the two months, Pump.fun also rolled out its own DEX, Pump Swap, while major centralized exchanges (CEXs) accelerated their transition and put toward products combining spot and on-chain transactions. These offerings help bridge the liquidity gap between CEXs and on-chain trading, in order to capture opportunities in early-stage tokens' hype and drive a faster recovery in Solana's on-chain liquidity.






- 05:17Morgan Stanley: AI Could Add $16 Trillion to U.S. Stocks, with 90% of Jobs Potentially ImpactedAccording to ChainCatcher, a recent report from Morgan Stanley states that AI technology is expected to drive a market capitalization increase of 13 to 16 trillion USD for the S&P 500 Index, with a maximum growth rate of 29%. Autonomous decision-making AI and humanoid robots will boost productivity and could impact 90% of existing jobs, prompting workforce upskilling or transformation. The consumer goods, retail, real estate, and transportation sectors are expected to benefit the most.
- 04:21A trader's partial positions were liquidated with total losses of approximately $4.3 million on HyperliquidAccording to a report by Jinse Finance, Lookonchain monitoring shows that due to the market crash, part of trader General Gordon James's positions were liquidated. His total loss on Hyperliquid is approximately $4.3 million. Current holdings: 3,770 ETH (worth $15.8 million), 4,592 SOL (worth $816,000)
- 04:12Data: "Big Brother Ma Ji" Jeffrey Huang's Long Positions Show Unrealized Losses of Nearly $10 MillionChainCatcher reports that, according to monitoring by Lookonchain, due to the market downturn, "Machi Big Brother" Jeffrey Huang has incurred an unrealized loss of nearly $10 million across his long positions in ETH, BTC, HYPE, and PUMP.