1. Grayscale: Is there an oversupply of DATs? What will Bitcoin look like in September? In August 2025, the total cryptocurrency market capitalization stabilized at around $4 trillion, but underlying volatility has been evident. The crypto asset class encompasses a wide range of software technologies driven by distinct fundamental drivers, so token valuations don't always move in sync. While Bitcoin prices declined in August, Ether (ETH) rose 16%. The second-largest public blockchain by market capitalization appears to be benefiting from investor concern about regulatory changes, which could support the adoption of stablecoins, tokenized assets, and decentralized finance (DeFi) applications—areas in which Ethereum currently leads the industry. 2. The Rise of Enterprise-Native Blockchains: Why They're Building Their Own Blockchains Probably no one in the crypto world anticipated the merging of the terms "corporate" and "network-chains." If you're still stuck in a centralized world, you might think "corporate-chain" and "network-chain" are completely different concepts. But don't get me wrong. What we are going to talk about is enterprise-native blockchain, and we see a growing trend in this regard: traditional enterprises are building Layer-1 or Layer-2 blockchains by building their own technology stacks or leveraging existing infrastructure to bring users into the on-chain world.
Click to read3. Interest rate cut expectations are intertwined with valuation concerns. BTC will continue its fourth wave of rise after the upward relay
Affected by the US economic and employment data, expectations for restarting interest rate cuts are fluctuating, the inflow and outflow of main pricing funds are volatile, coupled with cross-cycle long-hand selling and on-site fund rotation. As a result, the overall crypto market in August showed a "weak-to-strong-then-weak" trend, and prices showed an "arch" shape. 4. Understanding New Crypto Trends from WLFI's Sky-High Opening Price: 4. Understanding New Crypto Trends from WLFI's Sky-High Opening Price: 4. Based solely on the Trump family's influence, @worldlibertyfi's market capitalization reached $7B upon launch. With virtually no reliable ecosystem support, its market capitalization surpasses that of crypto-native blue-chip protocols like AAVE, Uniswap, Ethena, and Pendle. Why? The answer is clear: the current trend in the crypto industry has completely shifted. Let me share some observations. 5. Understanding the Trump Family's WLFI Project in One Article On September 1st, World Liberty Financial (WLFI), the governance token of the Trump family-backed project, officially began trading on major exchanges such as Binance and Coinbase, attracting the attention of the global crypto market. As of press time, WLFI was trading at 0.2901 on Binance, with a market capitalization of approximately $29 billion, and had reached a high of 0.4780. Click to read