
NFT data
1. NFT total market value: US$20.234 billion


NFT total market value, market value ranking of the top ten projects Data source: Coinmarketcap
2. 24-hour NFT trading volume: 2.288 billion US 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
Binance founder Zhao Changpeng confirmed to apply for Trump's pardon
Golden Finance reported that according to Cointelegraph, Binance founder Zhao Changpeng (CZ) confirmed in the latest podcast that his legal team had submitted an application for pardon to former US President Trump on his behalf. Previously, Bloomberg and the Wall Street Journal reported that CZ was seeking pardon, but he denied it at the time. CZ said that part of the reason for applying for pardon was inspired by Trump's previous pardon of the founder of BitMEX.
Last November, Zhao Changpeng pleaded guilty to violating the Bank Secrecy Act, paid a $50 million fine and was sentenced to four months in prison. According to the US Department of Justice, even if he is pardoned, his money laundering charges will not be eliminated, but he may be allowed to resume his management position at Binance.US.
MEME Hotspots
1. The eighth-ranked address of the “TRUMP Dinner” is suspected of clearing its positions, transferring more than 400,000 TRUMPs to Meteora four days ago
Golden Finance reported that according to the official ranking of the “TRUMP Dinner”, the “Top” holding address currently ranked eighth currently holds only 0.079 TRUMP tokens, and is suspected of having been cleared (but according to the time-weighted ranking of the TRUMP Dinner, the address is still ranked eighth). According to Arkham monitoring data, about four days ago, the address transferred more than 408,000 TRUMP tokens to Meteora through two transactions, with a value of US$4.68 million.
2. Report: Meme and AI projects performed well in April, and DeFi projects were under pressure
Golden Finance reported that according to Bitcoin Suisse data, the crypto asset market showed sector differentiation characteristics in April 2025. The price of AI project Virtuals Protocol rose by 207%, becoming one of the most significant assets of the month, with a market value of more than US$1 billion; Fartcoin and Brett in the Solana ecosystem achieved price increases of 132% and 112% respectively. In the DeFi sector, Uniswap, Celestia and Toncoin recorded price drops of -13%, -15% and -21% respectively. Data shows that among the top 100 crypto assets, 78 assets rose in price and 22 assets fell in price. In terms of transaction scale, the 30-day transaction volumes of Virtuals and Fartcoin were 15.218 billion and 7.206 billion US dollars respectively.
DeFi Hotspots
1. Space and Time announced the launch of the main network
Golden Finance reported that Space and Time issued an article announcing the launch of the main network.
2. SlowMist releases Pectra upgrade (EIP-7702) security reminder, beware of cross-chain replay and delegate call risks
On May 8, with the official launch of Ethereum Pectra upgrade (EIP-7702), SlowMist issued a security reminder for users, wallet providers, developers and centralized exchanges. Users are advised to pay attention to private key protection, cross-chain contract code differences and delegate target risks; wallets should detect delegate chain information and prompt replay risks with chain ID 0; developers should avoid using tx.origin as a defense measure and ensure that the delegate target contract is compatible with mainstream tokens; CEX needs to track and check deposit transactions to prevent forged deposits.
3. The total funding allocation of the Ethereum Foundation in Q1 2025 is US$32.647 million
Golden Finance reported that according to the official blog of the Ethereum Foundation, the Ethereum Foundation announced the allocation of funding for the first quarter of 2025. The total funding allocation for Q1 2025 is US$32.647 million, covering several key areas, including community and education, consensus layer, cryptography and zero-knowledge proof, developer tools and experience, execution layer, protocol growth and support, etc.
4. Sei community is considering abandoning Cosmos native accounts and switching to EVM architecture
Golden Finance reported that according to The Block, Sei Labs, the core development team of Sei blockchain, recently proposed a key proposal SIP-3, planning to gradually phase out the existing CosmWasm smart contracts and native Cosmos account functions, and fully switch to the Ethereum Virtual Machine (EVM) architecture. The proposal aims to simplify the network structure and improve performance. In the future, the Sei network will only support transactions initiated through EVM addresses, but underlying functions such as verification nodes will still retain Cosmos native technical support. The proposal is in the community discussion stage and will be decided through processes such as Snapshot voting. If passed, developers need to migrate CosmWasm applications to the EVM environment, and users also need to transfer assets to EVM-compatible wallets.
5. Ethereum developers propose to optimize the governance process
On May 8, Ethereum core developer Tim Beiko issued a proposal to improve the Ethereum governance process, focusing on optimizing the selection of the hard fork "flagship function" (Headliner). The proposals include: clarifying the fork target (Fork Focus), limiting each layer to a maximum of one flagship function, adopting a "barbell" strategy to strengthen community feedback, formalizing working groups (Working Groups), and documenting the governance process. This move aims to increase transparency and legitimacy of decision-making while maintaining the community-driven nature of Ethereum.
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.