「After the Hype: What's Next for the Meme Space?」 Topic Space will kick off today at 19:30 in the Rhythm Official Livestream.

On April 4th, based on market data, the Nikkei 225 Index saw a significant intraday decline of 4.00% and is currently trading at 33,339.42 points. Furthermore, Nasdaq futures continued to lose ground, reaching a 1% drop. The S&P 500 Index futures decreased by 0.85%, and Dow Jones futures fell by 0.75%. (FX168)

On April 4th, the blockchain gaming project Infected announced that it will transfer from Base to Solana. It was stated that Base was unable to handle the high volume of transactional demands when their game went live, and this issue was regarded as a structural scaling bottleneck faced by all EVM chains. The team indicated that Solana is more suitable in terms of the user base and developer culture for building consumer-facing applications. In response, Jesse Pollak, the leader of the Base Protocol, stated that the Base network was operating smoothly during Infected's launch and that the project encountered frontend issues. The Base team was actively providing support.

On April 4th, as monitored by Onchain Lens, during the past 3 days, a particular PEPE whale expended 1,016.4 ETH ($1.86 million) to acquire 607,863 PENDLE tokens at an average price of $3 per token.

On April 4th, according to the monitoring of Spot On Chain, in the past 7 hours, the whale '0xe86' has made purchases. It bought 953.3 MKR ($1.21 million) and 230,500 PENDLE ($707,000). Additionally, it placed two orders to buy 42,900 HYPE at prices of $11.25 and $11.49 ($488,000 in total). It is worth noting that during the same period, this whale has sold a part of their LINK and AAVE holdings, resulting in a total loss of $506,000.

On April 4th, as monitored by The Data Nerd, in the past 24 hours, a large number of institutional addresses have deposited a significant amount of ETH into CEX. Grayscale deposited 16,247 ETH (approximately $28.63 million). Blackrock deposited 10,000 ETH (approximately $17.94 million). Wintemute deposited 34,634 ETH (approximately $62.94 million). Andre Conje deposited 2,000 ETH (approximately $3.44 million). James_Fickle deposited 2,350 ETH (approximately $4.19 million).

On April 4th, Michael Saylor responded to the "Bitcoin's Correlation with the Stock Market" matter on the X platform. He stated that in the short term, Bitcoin behaves like a risk asset as it is the most liquid, most saleable, and all-weather asset on Earth. During times of panic, traders will sell what they can sell rather than what they wish to sell. This does not imply a long-term correlation; it simply means that it is always available.