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Recently, the Crypto Assets market has shown some interesting changes and trends. Bitcoin (BTC) market capitalization has slightly decreased to 61.84%, while the alts index has dropped to 36. The stablecoin market has welcomed significant capital inflow, totaling $1.007 billion, with USDT and USDC attracting $573 million and $453 million respectively. The overall market size remains around $229.895 billion.
Notably, Eric Trump, the second son of Trump, publicly expressed full support for a comment optimistic about the value of Ethereum (ETH) on social media, which has attracted market attention.
In terms of institutional holdings of Ethereum, BMNR ranks first with 566,800 ETH, worth approximately $2.11 billion based on current market capitalization. Following closely is SBET, holding 360,800 ETH, valued at around $1.35 billion.
In the social media space, Tesla CEO Elon Musk announced plans to restart the Vine platform in the form of AI, and this news quickly triggered a significant increase in the prices of related tokens.
It is worth noting that the fully diluted valuation (FDV) of the Pump project has fallen below $2.6 billion, significantly lower than its initial fundraising level of $4 billion, indicating the challenges the project is facing.
On the other hand, Solana announced its "Internet Capital Market" roadmap, emphasizing full control of execution for applications, which may lead to more innovative gameplay in the future.
The Crypto Assets market continues to evolve, and various news and project updates are worth investors' ongoing attention.