Foreign investment in Japanese government bonds for the week ending July 25

The Solana ecosystem has intensified the attention of investors who have turned their eyes on it in 2024 with the launch of new tokens. During this period, major tokens such as Marinade (MNDE), Raydium (RAY), and Jupiter (JUP) attracted attention, recording strong trades using Solana's layer-1 infrastructure. According to data from DefiLlama, this growth in the Solana ecosystem is noticeable. With tokens such as Marinade (MNDE), Raydium (RAY), and Jupiter (JUP), the total value locked (TVL) has risen to $4.17 billion, an impressive increase since the beginning of the year. This represents almost three times the initial TVL of $1.53 billion#HotTopicDiscussion#

BTC completed the Halving, the market fluctuated widely; the Meme section showed strong market momentum; Merlin Chain launched the Token MERL...

This essay discusses staking and the limitations of traditional methods. It introduces liquid staking, exemplified by Marinade Finance, which allows users to convert staked assets into liquid tokens, enabling liquidity and access to DeFi opportunities while earning staking rewards.

Crypto Market Q3 Macro Research Report: Alt Season Signals Have Emerged, Institutions Driving Selective Bull Run Eruption 1. The macro turning point has arrived: regulatory warming and policy support resonate. As the third quarter of 2025 begins, the macro landscape has quietly changed. The policy environment that once pushed digital assets to the margins is now transforming into an institutional driving force. Against the backdrop of the Federal Reserve ending a two-year interest rate hike cycle, fiscal policy returning to a stimulus track, and the accelerated construction of a "accommodative framework" for crypto regulation globally, the crypto market stands on the eve of a structural reassessment. First of all, from the perspective of monetary policy, the macro liquidity environment in the United States is entering a critical turning window. Although the Federal Reserve still emphasizes "data dependence" at the official level, the market has long reached a consensus on interest rate cuts within 2025, and the divergence between the lagging dot plot and the leading expectations of the futures market is increasingly widening. The government's stance towards the Fed.

With the development of the Solana staking market, major liquid staking projects such as Marinade, Jito, BlazeStake, and Lido have been launched one after another, providing users with different staking yields and services. Although liquid staking still accounts for a small proportion, its application in the Decentralized Finance ecosystem is gradually increasing, and competition is intensifying. Incentives are crucial for the rise in staking volume of the projects.