Golden Web3.0 Daily | The US Stablecoin Bill may be passed on May 26

DeFi data

1. Total market value of DeFi tokens: 115.387 billion US dollars

DeFi total market value data source: coingecko

2. The transaction volume of decentralized exchanges in the past 24 hours was 7.169 billion US dollars

Trading volume of decentralized exchanges in the past 24 hours Data source: coingecko

3. Assets locked in DeFi: 114.792 billion US dollars

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Top ten rankings of DeFi projects with locked assets and locked-in volume Data source: defillama

NFT data

1. Total market value of NFT: US$22.16 billion

NFT total market value, market value ranking of the top ten projects Data source: Coinmarketcap

2. 24-hour NFT trading volume: 2.969 billionUS dollars

NFT total market value, market value ranking of the top ten projects Data source: Coinmarketcap

3. Top NFTs in 24 hours

Top ten NFTs with the highest sales growth in 24 hours Data source: NFTGO

Headlines

The US Stablecoin Act may be passed on May 26, and the clauses targeting the Trump family have been deleted

Golden Finance reported that the US Senate plans to pass the National Innovative Stablecoin Guidance and Establishment Act (GENIUS Act) as early as May 26, which aims to establish a federal regulatory framework for stablecoins. Previously, Democrats blocked the bill on May 8 because they were worried that the bill might benefit former President Trump and his family from crypto projects. In order to reach a consensus, the bill has deleted the relevant clauses targeting the Trump family.

MEME hot spots

1. Binance report: Meme coins occupy 41% of the AI ​​encryption market, but DeFAI is still on the rise

2.TRUMP token holdings of 17 wallets among the top 220 holders of the TRUMP dinner have been cleared

Golden Finance reported that according to Reuters, Trump promised that the top 220 holders of TRUMP coins will be invited to a grand dinner, and the top 25 will also enjoy "super exclusive private VIP reception" and "special VIP trip", but data shows that the holdings of 17 wallet addresses among the top 220 holders of the TRUMP dinner have returned to zero, among which the 25th-ranked whale "noah" has also previously cleared its TRUMP tokens. The current number one is a wallet called "SUN", whose time-weighted holdings are worth nearly $18 million. Blockchain analysis company Arkham said that the wallet is owned by HTX, a cryptocurrency exchange headquartered in Seychelles, and cryptocurrency entrepreneur Justin Sun is a member of the HTX Global Advisory Board.

DeFi Hotspots

1. "Airdrop USD1 to WLFI Holders" Proposal Has Been Approved

On May 15, World Liberty Financial (WLFI) has passed a proposal to distribute USD1 to all eligible $WLFI token holders to test its on-chain airdrop function. The airdrop will be carried out on the Ethereum mainnet, and the specific airdrop time and conditions will be determined by World Liberty Financial and announced separately. Earlier news, WLFI initiated a Snapshot proposal, planning to airdrop USD1 stablecoins to $WLFI holders.

2. Phantom launches liquid pledge token Phantom Staked SOL (PSOL)

On May 15, Phantom announced the launch of its liquid pledge token Phantom Staked SOL (PSOL), aiming to provide users with a simple and powerful staking experience. Through PSOL, users can earn SOL rewards while maintaining liquidity and supporting the Solana network.

3. Sui mainnet upgraded to V1.48.2

Golden Finance reported that according to official disclosures, the Sui mainnet has been upgraded to version V1.48.2, and the protocol has been upgraded to version 82. Other upgrade highlights include cleaning and minor repairs to Sui System, enabling TLS encryption support when connecting to verification nodes through the gRPC interface, and the generated Move debug trace file format will be compressed, and the original test trace needs to be regenerated before it can be used.

4. Solana network DEX transaction volume exceeded 4.5 billion US dollars in the past 24 hours, ranking first in the entire network

Golden Finance reported that according to DefiLlama data, Solana network DEX transaction volume reached 4.571 billion US dollars in the past 24 hours, ranking first in the entire network. In addition, Solana network DEX transaction volume reached 27.515 billion US dollars in the past week, a weekly increase of 48%. The top three DEX protocols in Solana ecosystem market share are Raydium, Meteora and Orca.

5.Cardano founder discloses details of "Glacier Drop" airdrop plan for privacy sidechain Midnight

Golden Finance reported that Cardano founder Charles Hoskinson announced details of the "Glacier Drop" airdrop plan for privacy sidechain Midnight at the Consensus 2025 conference. The plan will distribute governance tokens NIGHT and privacy tokens DUST to 37 million users of 8 mainstream public chains, explicitly excluding venture capital institutions, and all tokens are directly for ordinary users. Hoskinson also proposed a "collaborative economics" model, allowing developers to use native tokens such as ETH and SOL to pay for cross-chain applications, and validators can also earn benefits through cross-chain collaboration. The Midnight testnet is online and the mainnet is expected to be launched at the end of 2025. This airdrop is seen as a strategic move to ease industry divisions and respond to the entry of technology giants.

Disclaimer: As a blockchain information platform, Golden Finance publishes articles for information reference only and is not intended as actual investment advice. Please establish a correct investment philosophy and be sure to increase risk awareness.