1) Market trends:
BTC fell, and the altcoins fell across the board. BTC fluctuated around the shutdown price of 6w.
U.S. stocks fluctuated and Federal Reserve officials took a hawkish stance.
2) Market hot spots:
1. NFT trading platform ERN surged and launched AI's L2. New currency Mode was halved after it went online. Mode is a modular DeFi L2 based on OP, and there are too many L2s on the market.
2. ENA is expected to rise steadily, and the Bybit exchange will launch USDE as a trading pair and collateral asset.
3. The TRB of the monster stocks has risen sharply, and the bankers have repeatedly harvested the leeks. Monster stocks will be more active in a volatile market.
4. Jupiter's second phase launch project Sanctum will issue coins. Sanc is the liquidity pledge of Sol (leading Jito has a market share of 50%, and Sanc has a market share of 8%), and will be snapshotted on May 10. Before that, Sol will have airdrop points.
5. Sol's meme coin launch platform Pump has a revenue that exceeds Uniswap, with an annualized revenue of $150 million. Pump provides a one-stop service for meme releases and charges a 1% fee.
