An hour ago, a whale deposited 2 million USDC into Hyperliquid to go long on SOL.

March 4th, the State Council Customs Tariff Commission: Commencing from March 10, 2025, tariffs will be imposed on certain imported goods originating from the United States. A 15% tariff will be applied to chicken, wheat, corn, and cotton. A 10% tariff will be imposed on sorghum, soybeans, pork, beef, aquatic products, fruits, vegetables, and dairy products. (Golden Ten)

On March 4th, with the latest tariff threat from Trump hanging in the air, the U.S. stock market is facing a potentially vulnerable time. The S&P 500 index has dropped by about 5% from its historical closing high on February 19th. A series of weak U.S. economic reports have given rise to concerns about economic growth, and the tariffs have further clouded the market outlook. Analysts generally believe that imposing tariffs on imported goods may aggravate inflation and reduce corporate profits. Chuck Carlson, the CEO of Horizon Investment Services, said, "At present, the market still views tariffs more as a negotiating tool rather than a long-term strategy. If this situation begins to change, I think it will have a negative impact on the stock market." (FX168)

On March 4th, according to GMGN market data (accessible via https://t.me/GMGN_sol_bot?start=i_m4TE56o8), only one project in pump.fun graduated to have a market cap exceeding $1 million within the past 24 hours, and the on-chain speculative fervor has significantly cooled down.

On March 4th, the Web3-focused top accelerator Web3Labs recently concluded a new round of strategic financing. This round was led by emerging investment groups such as Avenir Group, Mirana Ventures, OSL Group, and Gao Feng Innovation Venture Capital, which are four Web3 investment institutions. The funds from this financing round will be mainly used to strengthen global ecosystem construction, deepen the integration with the ecosystem of international mainstream trading platforms, and leverage professional financial service capabilities to inject new impetus into the Web3 ecosystem. After the financing, Web3Labs will comprehensively upgrade its ecosystem service system. On one hand, it will cooperate with top-tier trading platform partners to create a full-cycle acceleration platform covering project acceleration and primary market investment. On the other hand, it will actively explore ways to integrate with the traditional market. In addition, Web3Labs has started discussions with m

On March 4th, the economists at Goldman Sachs predicted that when Trump imposed a 25% tariff on imports from Canada and Mexico and a 10% tariff on energy imports from Canada, it would lead to a 0.6% increase in the core consumer prices in the United States. In a report sent to clients on Monday night, they wrote, "We do not exclude the possibility of suspending the tariffs at the very last moment." "This time, an obvious approach is to extend the deadline to April 2nd so as to align with other planned tariff announcements. If the tariffs come into effect, we think they are unlikely to become a permanent part of the U.S. trade policy. However, it is uncertain how long they will endure." In January, the U.S. core consumer price index excluding food and energy increased by 3.3% year-on-year, while the Fed's preferred PCE index rose by 2.6% year-on-year. (FX168)

On March 4th, based on LookOnChain's monitoring, FTX/Alameda has unbonded 3.03 million SOL today (approximately $4.313 billion), and among them, 24,799 SOL ($3.38 million) has been transferred to Binance.