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137Labs专注于挖掘市场真实需求，帮助用户在Web3领域把握投资机会。通过深度投研筛选出具有增长潜力的项目，并提供清晰易懂的信息支持。
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A16z Just Raised $15 Billion—Why Is the Consensus Layer No Longer a Priority?
A few days ago, A16z announced the fundraising of over $15 billion for a new fund, a move widely discussed in the community.
Below is a simplified summary of the main points from the previous article, supplemented with some specific investment projects from #A16z recently (based on public information, primarily from 2024-2025, focusing on crypto infrastructure, compliance-related areas, and the intersection of AI and crypto).
These projects reflect their shift from the consensus layer toward system layer, compliance, and areas more acceptable to mainstream adoption:
a16z is no longer investing heavily in consensus layer and blockchain performance-related projects
Below is a simplified summary of the main points from the previous article, supplemented with some specific investment projects from #A16z recently (based on public information, primarily from 2024-2025, focusing on crypto infrastructure, compliance-related areas, and the intersection of AI and crypto).
These projects reflect their shift from the consensus layer toward system layer, compliance, and areas more acceptable to mainstream adoption:
a16z is no longer investing heavily in consensus layer and blockchain performance-related projects
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137 · Market Trends ✨1 - 12
Review of 24H Hot Topics - Market Overview
1、The U.S. Senate will vote on the #Clarity Bill on January 15;
2、WSJ: USDT is deeply embedded in Venezuela's economic system, used by PdVSA for oil settlements to circumvent sanctions; Tether says it will cooperate with law enforcement to freeze addresses;
3、X is developing "Smart Cashtags": assets/contracts can be tagged and real-time prices viewed; Solana says it will "integrate natively";
4、Macro: The threshold for a January rate cut by the Fed remains high, with #cme indicating a 5% probability of a January rate cut;
5、The American Bankers Association warns that yield-bearing stablecoins could pose a $6.6 trillion risk, while JPMorgan downplays the threat;
6、Opinions/Speculation: CZ hints at an upcoming "super cycle," with market discussions around the target price of #BNB at $1,000;
7、Venezuela's oil revenues and stablecoins: Reports indicate that about 80% of oil revenues are retained in stablecoin form, with Tether at the core;
#BTC #ETH
Review of 24H Hot Topics - Market Overview
1、The U.S. Senate will vote on the #Clarity Bill on January 15;
2、WSJ: USDT is deeply embedded in Venezuela's economic system, used by PdVSA for oil settlements to circumvent sanctions; Tether says it will cooperate with law enforcement to freeze addresses;
3、X is developing "Smart Cashtags": assets/contracts can be tagged and real-time prices viewed; Solana says it will "integrate natively";
4、Macro: The threshold for a January rate cut by the Fed remains high, with #cme indicating a 5% probability of a January rate cut;
5、The American Bankers Association warns that yield-bearing stablecoins could pose a $6.6 trillion risk, while JPMorgan downplays the threat;
6、Opinions/Speculation: CZ hints at an upcoming "super cycle," with market discussions around the target price of #BNB at $1,000;
7、Venezuela's oil revenues and stablecoins: Reports indicate that about 80% of oil revenues are retained in stablecoin form, with Tether at the core;
#BTC #ETH
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137 · Market Trends✨1 - 10
Highlighting 24H Hotspots - Market Overview
1、Nasdaq and CME Group launch the "Nasdaq-CME Crypto Index" - The two parties introduce the "Nasdaq-CME Crypto Index," integrating their existing cryptocurrency index benchmarks;
2、Polymarket becomes the exclusive prediction market partner for the Hollywood Golden Globes;
3、The U.S. Supreme Court is expected to issue a ruling/opinion on Trump's tariff case on January 14;
4、30 Democrats support a bill proposing to ban elected officials from betting in political prediction markets;
5、a16z raises $15 billion, with multiple funds investing and emphasizing support for the U.S. to "win" the technology race;
6、Intel's stock rose as much as nearly 9%, reaching its highest level since April 2024;
7、BNB Chain's "$100 Million Incentive Program" bought two meme coins: a $50,000 token called "I'm Here, Damn It!" and a $50,000 token called "Binance Life";
8、http://Pump.fun upgrades its creator fee model; after the reform, the number of tokens issued reached the highest in nine months, with PUMP up 11%
Highlighting 24H Hotspots - Market Overview
1、Nasdaq and CME Group launch the "Nasdaq-CME Crypto Index" - The two parties introduce the "Nasdaq-CME Crypto Index," integrating their existing cryptocurrency index benchmarks;
2、Polymarket becomes the exclusive prediction market partner for the Hollywood Golden Globes;
3、The U.S. Supreme Court is expected to issue a ruling/opinion on Trump's tariff case on January 14;
4、30 Democrats support a bill proposing to ban elected officials from betting in political prediction markets;
5、a16z raises $15 billion, with multiple funds investing and emphasizing support for the U.S. to "win" the technology race;
6、Intel's stock rose as much as nearly 9%, reaching its highest level since April 2024;
7、BNB Chain's "$100 Million Incentive Program" bought two meme coins: a $50,000 token called "I'm Here, Damn It!" and a $50,000 token called "Binance Life";
8、http://Pump.fun upgrades its creator fee model; after the reform, the number of tokens issued reached the highest in nine months, with PUMP up 11%
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WLFI-USD1 Project Overview: Strengths, Liquidity Concerns, and Latest Developments in 2026
This article objectively outlines the current overall landscape and development trends of the World Liberty Financial (WLFI) project by analyzing the strengths and weaknesses of USD1, market concerns regarding liquidity, recent key initiatives (such as the OCC National Trust Bank license application, Binance wealth management activities, governance incentive proposals), and progress in multiple blockchain collaborations.
WLFI-USD1 carries strong political background, with clear intentions in compliance, multi-chain expansion, and transitioning toward institutional-grade infrastructure, which has indeed attracted significant attention.
WLFI-USD1 carries strong political background, with clear intentions in compliance, multi-chain expansion, and transitioning toward institutional-grade infrastructure, which has indeed attracted significant attention.
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137 · Market Trends✨1 - 9
Review of 24H Hotspots - Market Overview
1、Trump says he has no current plans to pardon FTX founder SBF;
2、Senate's crypto 'market structure' bill enters critical voting phase: Wall Street groups and DeFi representatives report progress in bridging differences;
3、CFTC issues no-action relief to Bitnomial, advancing 'event/prediction contract' business;
4、Coinglass: BTC breaking above $92,000 may trigger approximately $1.15 billion in short liquidations; breaking below $89,000 may trigger around $944 million in long liquidations;
5、Privacy coin sector: XMR strengthens to reclaim the privacy crown, while internal turmoil at Zcash disrupts its upward momentum
6、New York Fed survey: 1-year inflation expectations rose to 3.4% in December; re-employment probability expectations dropped to a historical low;
7、Alphabet reportedly surpasses Apple to become the world's second-largest public company, with a market cap of approximately $3.96 trillion;
Review of 24H Hotspots - Market Overview
1、Trump says he has no current plans to pardon FTX founder SBF;
2、Senate's crypto 'market structure' bill enters critical voting phase: Wall Street groups and DeFi representatives report progress in bridging differences;
3、CFTC issues no-action relief to Bitnomial, advancing 'event/prediction contract' business;
4、Coinglass: BTC breaking above $92,000 may trigger approximately $1.15 billion in short liquidations; breaking below $89,000 may trigger around $944 million in long liquidations;
5、Privacy coin sector: XMR strengthens to reclaim the privacy crown, while internal turmoil at Zcash disrupts its upward momentum
6、New York Fed survey: 1-year inflation expectations rose to 3.4% in December; re-employment probability expectations dropped to a historical low;
7、Alphabet reportedly surpasses Apple to become the world's second-largest public company, with a market cap of approximately $3.96 trillion;
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137 · Market Trends ✨1 - 8
Review of 24H Hotspots - Market Overview
1、The U.S. Senate Banking Committee and Agriculture Committee are scheduled to review and vote on crypto "market structure" legislation (markup) on January 15;
2、WLFI's entity has applied to the OCC for a national trust bank charter, aiming to directly issue/hold USD1 and expand institutional custody and stablecoin exchange services;
3、Aave: Net deposits in the Horizon RWA lending market have surpassed $600 million
4、The Wyoming Stablecoin Commission has approved Kraken's public access to purchase the stablecoin FRNT;
5、Crypto market weakened: #BTC once dropped below $91,000, with #ETH and #SOL also synchronously declining;
6、Morph launched a $150 million payment accelerator program, supporting the scaling of real-world payment systems onto the blockchain;
7、Binance released its 38th reserve proof: as of January 1, user holdings amounted to 618K BTC, 4.17M ETH, and 38.2B USDT;
8、Solana's native token #SKR will be launched on January 21, #Mobile
Review of 24H Hotspots - Market Overview
1、The U.S. Senate Banking Committee and Agriculture Committee are scheduled to review and vote on crypto "market structure" legislation (markup) on January 15;
2、WLFI's entity has applied to the OCC for a national trust bank charter, aiming to directly issue/hold USD1 and expand institutional custody and stablecoin exchange services;
3、Aave: Net deposits in the Horizon RWA lending market have surpassed $600 million
4、The Wyoming Stablecoin Commission has approved Kraken's public access to purchase the stablecoin FRNT;
5、Crypto market weakened: #BTC once dropped below $91,000, with #ETH and #SOL also synchronously declining;
6、Morph launched a $150 million payment accelerator program, supporting the scaling of real-world payment systems onto the blockchain;
7、Binance released its 38th reserve proof: as of January 1, user holdings amounted to 618K BTC, 4.17M ETH, and 38.2B USDT;
8、Solana's native token #SKR will be launched on January 21, #Mobile
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137 · Market Trends✨1 - 7
Review of 24H Hotspots - Market Overview
1、Morgan Stanley reportedly submitted applications/registrations related to Bitcoin and #Solana #ETF ; Bitcoin ETF saw net inflows of approximately $697 million in a single day;
2、#Solana released its 2025 annual review: multiple indicators such as application revenue, DEX trading volume, active users, and REV reached new highs;
3、According to CoinDesk, Circle Internet (#CRCL )'s dollar-pegged stablecoin USDC continued its second consecutive year of growth exceeding its main competitor Tether's USDT in 2025;
4、Macroeconomic and Risk Assets: #US stocks stronger, gold and silver prices rose; expectations for technology computing power demand are increasing; silver's market cap reached $4.63 trillion, surpassing #NVIDIA to become the world's second-largest asset;
5、Walmart launched payment and Ethereum transaction services via the ONEPAY app, #比特币 ;
6、The U.S. Senate is advancing legislation on cryptocurrency market structure: the Banking Committee reportedly plans to review/vote next week, with Sacks engaging with senators to push forward;
7、The U.S. Supreme Court has designated this Friday as 'Opinion Release Day,' where a key ruling on the legality of Trump's global tariff measures may be issued.
Review of 24H Hotspots - Market Overview
1、Morgan Stanley reportedly submitted applications/registrations related to Bitcoin and #Solana #ETF ; Bitcoin ETF saw net inflows of approximately $697 million in a single day;
2、#Solana released its 2025 annual review: multiple indicators such as application revenue, DEX trading volume, active users, and REV reached new highs;
3、According to CoinDesk, Circle Internet (#CRCL )'s dollar-pegged stablecoin USDC continued its second consecutive year of growth exceeding its main competitor Tether's USDT in 2025;
4、Macroeconomic and Risk Assets: #US stocks stronger, gold and silver prices rose; expectations for technology computing power demand are increasing; silver's market cap reached $4.63 trillion, surpassing #NVIDIA to become the world's second-largest asset;
5、Walmart launched payment and Ethereum transaction services via the ONEPAY app, #比特币 ;
6、The U.S. Senate is advancing legislation on cryptocurrency market structure: the Banking Committee reportedly plans to review/vote next week, with Sacks engaging with senators to push forward;
7、The U.S. Supreme Court has designated this Friday as 'Opinion Release Day,' where a key ruling on the legality of Trump's global tariff measures may be issued.
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Several Real Changes Happening in Crypto Infrastructure After U.S. Stocks Go On-Chain
As traditional assets such as U.S. stocks gradually move onto the blockchain, the role of crypto infrastructure is undergoing transformation. The shift focuses on how assets are operated in the long term and securely, rather than merely pursuing new asset forms or functional innovations.
First, the focus of infrastructure is shifting from "asset issuance" to "asset management".
In
the practice of on-chain asset integration, blockchain systems need to stay synchronized with real-world custody, clearing, and corporate actions. Asset registration, settlement status, and compliance records become ongoing responsibilities, and the blockchain is no longer just a transaction channel but begins to assume some back-end system functions.
First, the focus of infrastructure is shifting from "asset issuance" to "asset management".
In
the practice of on-chain asset integration, blockchain systems need to stay synchronized with real-world custody, clearing, and corporate actions. Asset registration, settlement status, and compliance records become ongoing responsibilities, and the blockchain is no longer just a transaction channel but begins to assume some back-end system functions.
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137 · Market Trends ✨ 1 - 6
Review of 24H Hot Topics - Market Overview
1. Bitfinex Report: Bitcoin is oscillating in a narrow range of $85,000 - $94,000, liquidity conditions may improve;
2. The U.S. "Crypto Market Structure Bill" legislation may be significantly delayed: possibly passing by 2027 at the latest, with implementation in 2029;
3. Ritchie Torres plans to propose restrictions on government officials participating in prediction markets: responding to the controversy over insider trading related to the "Maduro Event Bets";
4. Market News: Polymarket will launch a real estate prediction market, allowing users to bet on housing price trends, with quotes provided by $PRLC;
5. Federal Reserve interest rate cut expectations (CME FedWatch): January remains unchanged at about 82% (82.8%), with a 25bp rate cut at about 17.2%;
6. Jupiter launches native stablecoin JupUSD: 90% of the reserves are supported by USDtb from BlackRock and Ethena.
7. BTC briefly broke through $94,000 before oscillating at high levels, with liquidation structures showing "bearish dominance".
Review of 24H Hot Topics - Market Overview
1. Bitfinex Report: Bitcoin is oscillating in a narrow range of $85,000 - $94,000, liquidity conditions may improve;
2. The U.S. "Crypto Market Structure Bill" legislation may be significantly delayed: possibly passing by 2027 at the latest, with implementation in 2029;
3. Ritchie Torres plans to propose restrictions on government officials participating in prediction markets: responding to the controversy over insider trading related to the "Maduro Event Bets";
4. Market News: Polymarket will launch a real estate prediction market, allowing users to bet on housing price trends, with quotes provided by $PRLC;
5. Federal Reserve interest rate cut expectations (CME FedWatch): January remains unchanged at about 82% (82.8%), with a 25bp rate cut at about 17.2%;
6. Jupiter launches native stablecoin JupUSD: 90% of the reserves are supported by USDtb from BlackRock and Ethena.
7. BTC briefly broke through $94,000 before oscillating at high levels, with liquidation structures showing "bearish dominance".
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Why are more and more top-tier projects choosing to buy back their assets?
Over the past year, an increasing number of projects have launched token buyback programs.
According to data platforms such as CoinGecko, the total repurchase amount for the year has exceeded $1.4 billion, with the top 10 projects accounting for 92% of the share.
Buyback mechanisms are gradually pushing the crypto industry from a "high FDV, low circulation narrative game" towards a new stage driven by real revenue and sustainable value capture.
This article will organize and review the most representative top buyback projects of the past year based on the scale of buybacks, to see which protocols are truly rewarding token holders with real money.
According to data platforms such as CoinGecko, the total repurchase amount for the year has exceeded $1.4 billion, with the top 10 projects accounting for 92% of the share.
Buyback mechanisms are gradually pushing the crypto industry from a "high FDV, low circulation narrative game" towards a new stage driven by real revenue and sustainable value capture.
This article will organize and review the most representative top buyback projects of the past year based on the scale of buybacks, to see which protocols are truly rewarding token holders with real money.
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137 · Market Trends
Review of 24H Hotspots - Market Overview
1. Semafor: Before the U.S. launched secret raids on Venezuela, the New York Times and Washington Post were already aware of the related information.
2. This week, the U.S. Ethereum spot #ETF has seen a cumulative net inflow of $160.8 million;
3. #WLFI : Will utilize unlocked treasury funds to incentivize USD1 adoption;
4. Macro: CME FedWatch shows a probability of a 25bp rate cut in January of about 16%–17%;
5. Crypto Market: Volatile rebound, with Meme tokens leading the surge.
According to Coinglass data, the total liquidation amount in the cryptocurrency market in the past 24 hours reached $191 million, including long liquidations of $33.0996 million and short liquidations of $158 million;
6. According to Defillama data, the revenue on the entire #solana has begun to surge.
Review of 24H Hotspots - Market Overview
1. Semafor: Before the U.S. launched secret raids on Venezuela, the New York Times and Washington Post were already aware of the related information.
2. This week, the U.S. Ethereum spot #ETF has seen a cumulative net inflow of $160.8 million;
3. #WLFI : Will utilize unlocked treasury funds to incentivize USD1 adoption;
4. Macro: CME FedWatch shows a probability of a 25bp rate cut in January of about 16%–17%;
5. Crypto Market: Volatile rebound, with Meme tokens leading the surge.
According to Coinglass data, the total liquidation amount in the cryptocurrency market in the past 24 hours reached $191 million, including long liquidations of $33.0996 million and short liquidations of $158 million;
6. According to Defillama data, the revenue on the entire #solana has begun to surge.
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RootData Annual Report Summary: 2025 Web3 Funding Flow and Industry Changes
At the beginning of the year, various projects and institutions have successively released summaries of the previous year's reviews. These reports are filled with data and insights, which are very worthwhile to learn and interpret. Through these different perspectives, we can gain a clearer understanding of the development trajectory of the industry over the past year.
The report shared today comes from @RootDataCrypto, detailing the true context of Web3 in 2025.
01｜Market & Financing
The crypto market in 2025 did not show a single market trend. Mainstream assets remained relatively stable, but prices and performances of small and medium-sized projects showed significant divergence, with funding concentration continuing to rise.
The report shared today comes from @RootDataCrypto, detailing the true context of Web3 in 2025.
01｜Market & Financing
The crypto market in 2025 did not show a single market trend. Mainstream assets remained relatively stable, but prices and performances of small and medium-sized projects showed significant divergence, with funding concentration continuing to rise.
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Some submit their papers, while others disappear: A record of the exit of crypto projects in 2025
As 2025 comes to a close, the cryptocurrency industry is once again undergoing profound reshuffling. According to the latest update from RootData (the list of dead crypto projects in 2025) (updated until December 30), a total of 85 blockchain/crypto projects announced cessation of operations, bankruptcy, or long-term inaccessibility of their websites, officially entering the industry's 'death list.'
This list covers projects from various segments such as Web3 games, DeFi protocols, and NFT platforms, reflecting the depth and breadth of structural adjustments in the market.
(RootData: https://cn.rootdata.com/Archives/detail/List%20of%20crypto%20industry%20dead%20projects%20in%202025?k=MjIyMTk2&se=false)
This list covers projects from various segments such as Web3 games, DeFi protocols, and NFT platforms, reflecting the depth and breadth of structural adjustments in the market.
(RootData: https://cn.rootdata.com/Archives/detail/List%20of%20crypto%20industry%20dead%20projects%20in%202025?k=MjIyMTk2&se=false)
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2026 Crypto IPO Barometer: 6 Major Potential Stocks to Watch
In the past, the cryptocurrency industry has been repeatedly questioned about one issue:
Can it truly be understood, evaluated, and held long-term by traditional capital markets?
After entering 2025, this question began to be addressed by reality.
According to DLNews data, cryptocurrency companies raised approximately $3.4 billion through IPOs in 2025, and in 2026, the market generally expects to see more larger listings.
Which Web3 / Crypto companies are making a push for IPOs? What does this wave of listings mean? With these questions in mind, let's take a look.
6 Cryptocurrency IPO Candidates to Watch in 2026
Can it truly be understood, evaluated, and held long-term by traditional capital markets?
After entering 2025, this question began to be addressed by reality.
According to DLNews data, cryptocurrency companies raised approximately $3.4 billion through IPOs in 2025, and in 2026, the market generally expects to see more larger listings.
Which Web3 / Crypto companies are making a push for IPOs? What does this wave of listings mean? With these questions in mind, let's take a look.
6 Cryptocurrency IPO Candidates to Watch in 2026
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What does Uniswap's zero fees for applications and APIs mean?
Last night, Uniswap announced: all interface fees for applications and APIs have been set to zero. Although it appears to be a fee reduction, it is actually a restructuring of the economic framework at the protocol level. Let's discuss this in detail.
1. The logic behind the adjustment
Many people's first reaction is "the front end is free, users save money", but the underlying logic is deeper:
Zero front-end fees: Apps and APIs no longer charge access fees
Fee Switch is about to be activated: protocol-level revenue becomes the core of value
UNI deflationary mechanism: large-scale UNI destruction locks the value return mechanism to the token
With front-end revenue exiting, value and income return to the protocol layer and holders.
2. Market and community concerns
▪️ Value capture mechanism
Who ultimately gets the Fee Switch revenue?
LPs, UNI holders, or the foundation?
Will the income mechanism be auctioned or dynamically adjusted?
These questions are more critical than the front-end zero fees, as they determine the long-term value anchor of UNI.
▪️ UNI deflationary effects
The destruction of 100 million UNI is a historic level of deflation
The market is concerned about changes in circulation and price reactions after destruction
This is a practical test in the DeFi community of "the impact of deflation on token prices"
▪️ Reconstruction of protocol-level revenue
The simultaneous occurrence of zero front-end fees + activation of Fee Switch + UNI deflation means that future revenue sources will be more transparent, and the market will begin to price UNI based on actual revenue and protocol cash flow rather than narratives.
3. Possible chain reactions
▪️ Other protocols may adjust their revenue structures
Sushiswap, Balancer, Curve, Aave, etc., may re-examine front-end vs. protocol-level revenue distribution, aligning with Uniswap.
▪️ Lower barriers for developers and aggregators
Free APIs mean: aggregators and wallet providers are more willing to integrate deeply, and the ecosystem of second-layer applications and data services may accelerate growth.
▪️ UNI price becomes more reliant on actual usage and protocol revenue
In the future, UNI pricing may shift from "short-term speculation + number of wallets" to:
Transaction volume × protocol revenue × deflation expectations, becoming closer to stock valuation models.
Uniswap's decision to set application and API fees to zero is a protocol-level economic structural adjustment that allows value and income to return to the protocol layer, while also laying the foundation for the developer ecosystem and long-term UNI pricing.
🙋What else would you like to know? Feel free to leave a comment!🙋
Last night, Uniswap announced: all interface fees for applications and APIs have been set to zero. Although it appears to be a fee reduction, it is actually a restructuring of the economic framework at the protocol level. Let's discuss this in detail.
1. The logic behind the adjustment
Many people's first reaction is "the front end is free, users save money", but the underlying logic is deeper:
Zero front-end fees: Apps and APIs no longer charge access fees
Fee Switch is about to be activated: protocol-level revenue becomes the core of value
UNI deflationary mechanism: large-scale UNI destruction locks the value return mechanism to the token
With front-end revenue exiting, value and income return to the protocol layer and holders.
2. Market and community concerns
▪️ Value capture mechanism
Who ultimately gets the Fee Switch revenue?
LPs, UNI holders, or the foundation?
Will the income mechanism be auctioned or dynamically adjusted?
These questions are more critical than the front-end zero fees, as they determine the long-term value anchor of UNI.
▪️ UNI deflationary effects
The destruction of 100 million UNI is a historic level of deflation
The market is concerned about changes in circulation and price reactions after destruction
This is a practical test in the DeFi community of "the impact of deflation on token prices"
▪️ Reconstruction of protocol-level revenue
The simultaneous occurrence of zero front-end fees + activation of Fee Switch + UNI deflation means that future revenue sources will be more transparent, and the market will begin to price UNI based on actual revenue and protocol cash flow rather than narratives.
3. Possible chain reactions
▪️ Other protocols may adjust their revenue structures
Sushiswap, Balancer, Curve, Aave, etc., may re-examine front-end vs. protocol-level revenue distribution, aligning with Uniswap.
▪️ Lower barriers for developers and aggregators
Free APIs mean: aggregators and wallet providers are more willing to integrate deeply, and the ecosystem of second-layer applications and data services may accelerate growth.
▪️ UNI price becomes more reliant on actual usage and protocol revenue
In the future, UNI pricing may shift from "short-term speculation + number of wallets" to:
Transaction volume × protocol revenue × deflation expectations, becoming closer to stock valuation models.
Uniswap's decision to set application and API fees to zero is a protocol-level economic structural adjustment that allows value and income to return to the protocol layer, while also laying the foundation for the developer ecosystem and long-term UNI pricing.
🙋What else would you like to know? Feel free to leave a comment!🙋
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Overview of the Aave DAO Voting Failure Incident
I have seen many people discussing the 'Aave voting failure' event. Based on reports from various media, I will provide a complete overview of the occurrence of the event, the key participants, and the core elements to help understand how this governance dispute emerged step by step.
This incident revolves around a key governance proposal of Aave DAO. The content involved in the proposal is not a single technical or parameter adjustment, but directly touches on core issues within the Aave system, including the control of Aave's brand assets, the ownership of front-end products and revenue paths, as well as the long-standing but uninstitutionalized responsibilities and relationships between Aave DAO and Aave Labs.
This incident revolves around a key governance proposal of Aave DAO. The content involved in the proposal is not a single technical or parameter adjustment, but directly touches on core issues within the Aave system, including the control of Aave's brand assets, the ownership of front-end products and revenue paths, as well as the long-standing but uninstitutionalized responsibilities and relationships between Aave DAO and Aave Labs.
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Bitwise's View on 2026: The Crypto Market Begins to Rely on Structure Rather Than Emotion
Bitwise's View on 2026: The Crypto Market Begins to Rely on Structure Rather Than Emotion
This is the 4th article organized from the institutional perspective on the outlook for the crypto market in 2026.
From Coinbase Institutional, A16Z, and Sequoia Capital to now, one obvious change can be observed: large institutions are rarely concerned about 'whether the bull market has ended,' but are seriously considering what will drive the next phase of the market forward.
Today we discuss @BitwiseInvest @Bitwise_Europe and their latest release (10 Crypto Predictions for 2026), which remains calm as always, not shouting slogans or focusing on short-term prices, but starting from institutional funding, ETF supply and demand, product maturity, and regulatory environment to directly provide a structural judgment for 2026.
This is the 4th article organized from the institutional perspective on the outlook for the crypto market in 2026.
From Coinbase Institutional, A16Z, and Sequoia Capital to now, one obvious change can be observed: large institutions are rarely concerned about 'whether the bull market has ended,' but are seriously considering what will drive the next phase of the market forward.
Today we discuss @BitwiseInvest @Bitwise_Europe and their latest release (10 Crypto Predictions for 2026), which remains calm as always, not shouting slogans or focusing on short-term prices, but starting from institutional funding, ETF supply and demand, product maturity, and regulatory environment to directly provide a structural judgment for 2026.
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Ethereum Fusaka Upgrade: Comprehensive Analysis of Infrastructure Overhaul and Future Outlook
On December 10, 2025, 137Labs and the Crypto Circle Roundtable jointly held an X Space event themed 【ETH Fusaka Upgrade: Scaling Turning Point? New Cycle for L2? Revaluation of ETH?】. This event invited the initiator of the Crypto Circle Roundtable, Shisanmei, founder of 137 Labs Howie, researcher Oneone, KOL Cindy, and trade university chain association & researcher Tony to delve into the technical core of this upgrade, its impact on various roles in the ecosystem, and the future prospects of the industry.
During the event, the guests conducted a layered breakdown of the core technical improvements of the Fusaka upgrade, analyzing how it systematically addresses Ethereum's scalability, cost, and user experience bottlenecks through technologies such as Perdas, pre-confirmation, Gas mechanism reform, and Passkey. The guests also shared their insights on the Layer 2 landscape, potential explosive applications, and Ethereum's long-term value.
During the event, the guests conducted a layered breakdown of the core technical improvements of the Fusaka upgrade, analyzing how it systematically addresses Ethereum's scalability, cost, and user experience bottlenecks through technologies such as Perdas, pre-confirmation, Gas mechanism reform, and Passkey. The guests also shared their insights on the Layer 2 landscape, potential explosive applications, and Ethereum's long-term value.
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Regarded as one of the most complex underlying upgrades of Ethereum in the past decade,
#ETH #Fusaka what does the upgrade actually mean?
Today at 20:00 (UTC+8) @137Labs a comprehensive explanation.
@Howie1024 @oneone @3Frends @0x_Tony GAO @币圈圆桌派 @Cindy胖迪
#ETH #Fusaka what does the upgrade actually mean?
Today at 20:00 (UTC+8) @137Labs a comprehensive explanation.
@Howie1024 @oneone @3Frends @0x_Tony GAO @币圈圆桌派 @Cindy胖迪
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137Labs｜HumidiFi Reseach — The strongest dark pool DEX in the Solana ecosystem and the mechanisms, growth, and risks of Prop AMM
As the Jupiter DTF is set to launch next week with the HumidiFi related IPO project, this dark pool-style Prop AMM, which has rapidly risen in the Solana ecosystem, has drawn attention once again. Although the project's current information disclosure is low, with its impressive data performance and unique technical mechanism, HumidiFi stands out in the competition of Prop AMM on Solana, becoming one of the protocols with the most outstanding trading volume and growth rate.
This research will systematically sort out the track background, MEV and dark pool value, core mechanism of Prop AMM, advantages of HumidiFi, data performance, and potential risks to provide investors with a complete understanding framework.
This research will systematically sort out the track background, MEV and dark pool value, core mechanism of Prop AMM, advantages of HumidiFi, data performance, and potential risks to provide investors with a complete understanding framework.
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