UK July Retail Sales YoY (Adjusted)

There aren't many tokens/memes on Xlayer yet. That's a blessing. We don't need another Solana 2.0. This is why people call it the New Money Chain. Bridges will come, liquidity will flow. If you're already here Stop chasing charts. Start picking communities. 100 people

Avalanche (AVAX), as a veteran player in the high-performance public chain sector, has been committed to a multi-chain collaboration development strategy. Its unique subnet mechanism provides customized blockchain solutions for institutions and project parties, with in-depth layouts in areas such as Decentralized Finance (DeFi), GameFi, and real-world asset tokenization (RWA). From a market perspective, AVAX currently has a circulating market value of approximately $9.7 billion, with a total market capitalization exceeding $14 billion. It is noteworthy that after experiencing high selling pressure in the earlier stages, the holder structure of AVAX is now mainly composed of medium to long-term investors, leading to a more stable distribution of holdings. Recently, the Avalanche ecosystem has shown a positive development trend. The foundation is actively promoting more RWA projects to be launched on-chain and collaborating with several traditional financial institutions. At the same time, the NFT and gaming sectors have also begun to recover, especially the scalability of subnets attracting new developers to join the ecosystem. Although the overall enthusiasm is not as high as some overhyped projects, AVAX shows a good state of 'solid fundamentals and not overly hyped in the short term.' From a technical perspective, the price trend of AVAX shows a double bottom pattern and has currently entered the middle area of the daily dual tunnel, which usually indicates the arrival of a consolidation phase. According to historical patterns, this formation often leads to a wave of increasing volume followed by a period of consolidation. When the daily tunnel forms a golden cross, it may usher in an acceleration phase. Overall, AVAX has solid fundamental support, reasonable chip distribution, and a market value at a moderate level. The double bottom pattern and tunnel indicators on the technical side also show positive signals. In the short term, AVAX is expected to迎来 a wave of daily-level upward movement, while whether it can continue to a higher level cycle depends on the market performance after the golden cross. For investors focused on high-performance public chains and multi-chain ecosystems, AVAX is undoubtedly a project worth continuous attention. However, the cryptocurrency market is highly risky, and investors should exercise caution and comprehensively assess risks when making decisions.

Berryfiable Compute, the narrative that makes ZK sweeter. A certain blockchain project has symbolically represented ZK and verifiable compute with Berry, allowing it to establish a presence in the community. ZK was powerful but had low accessibility. This project transforms it into a narrative called Berryfiable Compute, Prover=Farmer,

With the continuous development of Decentralized Finance (DeFi), traditional financial institutions are gradually venturing into this field. However, these institutions have extremely high requirements for security and compliance. Against this backdrop, the Kava Blockchain is striving to position itself as a high-end chain aimed at institutions. Kava's core advantages are mainly reflected in three aspects: first, it focuses on audited smart contracts, which provide higher security guarantees for institutional users; second, Kava's interoperability with Cosmos IBC (Inter-Blockchain Communication protocol) enhances its connectivity within the Blockchain ecosystem; finally, Kava's support for Ethereum tools lowers the entry barriers for developers and users. These features may attract more professional users. If institutional investors start to adopt on-chain lending and stablecoins on a large scale, Kava will undoubtedly be in a favorable position. However, we cannot ignore the fierce competition in the current blockchain industry. If Kava cannot achieve real differentiation in functionality or performance, it may be seen as "just another Layer 1 blockchain" and lose its appeal. The key is that if Kava can successfully prove to institutional investors that it can provide substantial returns while ensuring the security of funds, then it has the potential to occupy a strong niche market in the Decentralized Finance space. This will be an important opportunity for Kava's future development, as well as a significant challenge it faces. As more institutions show interest in Decentralized Finance, Kava's development is worth our continued attention. Whether it can stand out in the institutional-level Decentralized Finance market will be a key factor in determining its future direction.

Solana (SOL) has performed brilliantly today, with its price continuously rising, currently breaking through the $210 mark. According to data from multiple trading platforms, the current trading price of SOL fluctuates between $210 and $211, with an intraday rise of between 3% and 8%, and a weekly rise of around 12%. Market data shows that SOL is trading between $200.95 and $212.67 today, demonstrating a strong rise momentum. It is worth noting that Kraken platform's quote is slightly higher than other platforms, reaching $211.50, with a 24-hour rise of 4.34%, and an estimated market value of approximately $114.3 billion. From the perspective of trading volume, the SOL futures market is experiencing unprecedented heat, with daily trading volume exceeding $50 billion, reflecting investors' high attention and enthusiasm for the Solana project. Meanwhile, institutional investors are also actively positioning themselves, with several firms, including the well-known cryptocurrency investment company Pantera Capital, building public treasuries to inject confidence into SOL's long-term development. Technical analysis shows that the current price level of $211 is a key resistance level. If SOL can effectively break through this level, the next target price may look towards $222. Multiple favorable factors, including easing inflation expectations and the overall recovery of the cryptocurrency market, provide strong support for SOL's strong rise. With the continuous development and improvement of the Solana ecosystem, as well as its high performance and low cost characteristics gradually being recognized by the market, the future development of SOL is worth looking forward to. However, investors should remain cautious and closely monitor market trends and potential risks.