Ethereum Gas Fee Continues to Drop, Now at 0.352 Gwei

On March 6th, GMGN monitoring data (via [https://gmgn.ai/sol/token/i_m4TE56o8_6iA73gWCKkLWKbVr8rgibV57MMRxzsaqS9cWpgKBpump]) shows Solana-based meme coin **My Sword and Shield** saw its market cap surge from $1.8 million earlier in the day to a peak of $6.6 million, currently trading at $5.6 million—up 240% over the past 24 hours with a 24-hour trading volume of roughly $4.9 million. The token, launched 6 days ago, is the first recent Chinese narrative meme coin on Solana to hit a seven-figure market cap. On-chain trader Cowboy purchased $740 worth of the coin when its market cap was ~$290,000; their current unrealized gain stands at 1900%, and after selling a portion, total realized profit is ~$7,930. The BSC-based *My Sword and Shield* meme coin, by contrast, has a market cap of just $500,000. It’s up ~57% over the past 24 hours with a 24-hour trading volume of ~$360,000, and has been live for roughly 28 days. BlockBeats reminds users: Meme coin trading is highly volatile, d

**March 6 Update**: A Gnosis Safe wallet withdrew 577.5 Tether Gold (XAUT) from OKX and Bybit on Wednesday, per Onchain Lens monitoring—valued at roughly $2.95 million.

On March 6, SoftBank Group is reportedly seeking a record-breaking loan of up to $40 billion to acquire a stake in OpenAI. (Golden Finance)

**March 6th** On-chain analyst Ai Auntie (@ai_9684xtpa) reports the Worldcoin team deposited 6.29 million WLD (valued at $2.58 million) to Binance 5 hours ago. Funds for this address trace back to a WalletSimple (BitGo) multi-signature contract—primarily used for asset custody. Over the past 7 months, the team has deposited a total of 16.51 million WLD to exchanges, worth $15.29 million combined.

March 6: Per Farside monitoring data, the U.S. Solana spot ETF recorded a net outflow of $6 million yesterday.

Binance Research said in a March 6 social media post that markets have reacted relatively mildly so far, but the impact of a prolonged energy supply disruption will far exceed just the commodity sector. Fed research shows a sustained 10% oil price hike would raise overall CPI by ~0.4 percentage points—complicating the central bank’s “last mile” disinflation target. Higher defense and energy spending could lead to more Treasury issuance, rising term premiums, and tighter market conditions, all unfavorable to risk assets.