In the rally of the dynamic market in August, billions of funds flowed into Ethereum, XRP, Shiba Inu, Litecoin, and Raydium.
These assets have performed well in retail-driven tokens and institutional-grade cryptocurrencies, demonstrating broad investor participation.
sustainability

On August 24, according to data from the official website, the supply of the stablecoin USDe issued by Ethena Labs has exceeded 12 billion coins, currently at approximately 12.03 billion coins, setting a new historical high. It is worth noting that on July 17, the supply of USDe was 5.33 billion coins. The passage of the "GENIUS Act" has prompted a surge in the supply of yield-bearing stablecoins, with the supply of USDe nearly doubling in just under 40 days.

On August 23, on-chain analysts reported that a whale withdrew 183.7 billion PEPE at an average price of $0.00001107, with a total value of $2.035 million, and still holds 1.31 trillion coins, with unrealized losses of $7.25 million. The holdings have shrunk by 69% since June 2024.

CBA economist Capurso pointed out that Fed Chair Powell's speech at Jackson Hole will influence the dollar's movement, but he is not expected to send clear signals. Currently, the probability of a rate cut in September is about 70%, and the market may further adjust its expectations.

On August 21, T. Rowe Price's Chief Economist Uruci indicated that Fed Chairman Powell may emphasize a flexible policy path at the Jackson Hole meeting, focusing on inflation and labor market data. Employment and CPI reports will be released before the September meeting; if inflation rises or the labor market is strong, interest rates may remain unchanged; if employment growth is below 50,000 and the unemployment rate rises, a cut of 50 basis points may be possible.

In the second quarter of 2025, major institutions like Goldman Sachs and Millennium significantly increased their holdings of Ethereum, while exchange balances fell to historic lows. This combination of rising demand and decreasing supply could reshape Ethereum's market dynamics, even though the total market capitalization has recently declined.

On August 19, according to Coinglass data, the total open interest of Ethereum futures contracts across the network remains at a historical high, currently reported at $60.44 billion. On July 19, the open interest of Ethereum futures contracts was reported at $50.68 billion, showing an increase of over 19.25% in the past 30 days. In addition, the total open interest of Bitcoin futures contracts across the network is currently reported at $81.48 billion.

Pepe, Shiba Inu, Snake, and SPX6900 have achieved consistent double-digit rise amid broader market fluctuations.
Low market cap tokens like Snek and SPX are showing strong rise, thanks to the improvement in development milestones and market participation.
Technical indicators suggest that these assets may continue.

Multiple altcoins outside of Ethereum exhibit stable technical patterns, supported by stable on-chain metrics and liquidity inflows.
The growth of Hedera's transaction volume stands out as a key signal of ongoing network adoption and ecosystem resilience.
the integration model in Fartcoin and

[Grayscale submits registration statement for DOGE ETF] Grayscale has submitted a registration statement to the U.S. Securities and Exchange Commission (SEC) to list the "Grayscale Dogecoin Trust ETF" on the NYSE Arca, with the trading symbol "GDOG".

On August 15, according to the Fed's schedule, Fed Chairman Powell will deliver a speech on the economic outlook and the assessment of the Fed's policy framework at the Kansas City Fed's annual Central Bank conference held in Jackson Hole, Wyoming, at 10 AM Eastern Time on August 22 (10 PM Beijing Time). This speech comes at a critical moment: the latest data shows that tariff measures have had some impact on inflation, while the job market is slowing down. This complex situation reinforces market expectations that the Fed may announce a 25 basis point rate cut at next month's meeting. Meanwhi

Jin10 data reported on August 14 that招商宏观研报 stated that recently, the equity market has formed emotional suppression on the bond market, and the trend of looking at stocks while doing bonds has become the main factor affecting interest rate movements. However, due to the different pricing basis of the two asset classes, the stock-bond seesaw is merely a phenomenon rather than a rule, which will lead to the difficulty of sustaining the strategy of looking at stocks while doing bonds. From the bottom logic perspective, the supply and demand of money remains the fundamental factor affecting the p

Jin10 Data August 13 - German Chancellor Merz recently stated that Germany has suspended exports of any military equipment that could be used in the Gaza Strip to Israel, and called on the Israeli government not to further escalate military actions in the Gaza Strip. In response, the co-chair of Germany's Left Party, Schwertner, stated on the 12th that Germany should fully stop providing weapons to Israel and quickly follow the international community's footsteps in recognizing the State of Palestine. Among Western powers, France, the UK, Canada, and Australia have recently stated that they wi

On August 12, Musk posted, "Hey App Store, why did you refuse to include X or Grok in your 'Essential Apps' section? Clearly, it is the number one news app in the world, and Grok ranks fifth among all apps. Are you playing politics? What's going on? Curious people want to know. Apple's actions make it impossible for any AI company, except OpenAI, to reach the top spot in the App Store, which is undoubtedly an antitrust violation. xAI will take legal action immediately."

On August 11, according to Cointelegraph, Strategy founder Michael Saylor stated, "When banks start recommending Bitcoin, the price of each Bitcoin will reach 10 million dollars."

Jin10 data reported on August 10 that the Turkish Coast Guard announced on August 9 that the international shipping channel, the Dardanelles Strait, which had been closed due to wildfires in the northwestern province of Canakkale, began to resume operations early on the 9th. The Dardanelles Strait, along with the Sea of Marmara and the Bosphorus Strait, forms the Turkish Straits, which is the only waterway connecting the Black Sea and the Mediterranean Sea, and one of the busiest waterways in the world. Official data shows that nearly 46,000 vessels are expected to pass through the Dardanelles

On August 9, according to Onchain Lens monitoring, a certain Whale Address sold 7,200 ETH at an average price of $3,957 in the past 18 hours, worth $28.49 million. Overall, in the past 5 days, the Wallet sold 9,000 ETH at an average price of $3,863, exchanging for 34.76 million USDT.

On August 8, according to CME's "Fed Watch" data, the probability of a 25 basis point rate cut in September is 92.7%, while the probability of maintaining the interest rate is 7.3%.

Decentralization social networks could be the next killer application for cryptocurrency, and DeSoc is leading this trend. As X ( former Twitter ) and Instagram face increasing scrutiny, data collection, and Algorithm manipulation pressure, blockchain-based alternatives are gaining significant attention.
one of them

Jin10 data reported on August 6th, the Japanese government announced on Wednesday that due to persistent inflation offsetting the impact of summer bonuses, Japan's real wages in June fell by 1.3% year-on-year, marking the sixth consecutive month of decline. The Japanese Ministry of Health, Labor and Welfare stated that nominal wages rose by 2.5% to 511,210 yen (equivalent to $3,500), increasing for the 42nd consecutive month. However, driven by rising prices of rice and other food items, the consumer price index used to calculate wage data climbed 3.8% in June, keeping the real wage growth in