Point of View: The Rising Gold Price Reflects Weakening US Dollar Credit

On March 19th, according to The Block, the Ethereum core developers plan to end the support for the Holesky testnet in September 2025 and are getting ready for its role transition and eventual deprecation. Deprecating a test network is a common practice; Ethereum developers previously ceased the operations of Kiln, Ropsten, and Rinkeby in 2022 and stopped Goerli last year. Holesky was launched in September 2023 and it is one of Ethereum's two main testnets, with the other being Sepolia. It has played a crucial role as a public testnet for staking, infrastructure, and protocol development.

On March 19th, Meteora made an announcement regarding the launch of the Meteora Rising Incubator. This incubator is specifically designed to provide support for the development of community-built tools on DLMM. The initiative is led by GeekLad, who serves as the Head of Developer Relations at LP Army. Funding will be allocated to the tools that are being developed in order to assist LPs in optimizing, automating, or tracking their positions on DLMM.

On March 19th, based on the latest data from the data platform Dune.com analyst @lz_web3, on March 18th, the daily on-chain transaction volume of Binance Wallet reached $90.556 million, accounting for 54.1% of the total transaction volume in the crypto wallet competition on that day and ranking first in the market. The data indicates that the second-ranked GMGN Wallet had a daily transaction volume of $38.679 million, which is approximately 42.7% of Binance Wallet's transaction volume. In terms of active trading users, Binance Wallet takes the lead with 28,103 users, accounting for 29.5% of the total number of active traders in the competition. Currently, Binance Wallet supports 18 public chains such as BNB Smart Chain and Ethereum, and its daily transaction volume has increased by more than 24 times compared to the early March period.

On March 19th, based on GMGN market data. It is likely that due to CZ changing his X account avatar message, mubarak briefly rose by more than 28%. It is currently priced at $0.169, and the market capitalization is currently reported to be $169 million.

On March 19th, the latest data shows that due to the return of Telegram CEO Durov, the popularity of the TON ecosystem has witnessed a significant increase. In the Japanese market, the average revenue per paying user (ARPPU) of the Web3 game Bombie has reached $804, surpassing the core user group of the luxury brand Louis Vuitton and setting a new record for Web3 games.

A trader turned $809 into $510K in less than 15 hours by trading $szn on #Tron, a 630x return! He spent 3,600 $TRX($809) to buy 46.4M $szn and sold 12.5M $szn for 400,890 $TRX($94K), leaving 33.9M $TRX($416K).