#美联储降息25个基点#
The Federal Reserve resumes interest rate cuts on 2025.9.18
Market trend
BTC and ETH are rising, and altcoins are generally increasing. The main focus of the market is around the SOL and BN series, as well as the ETH series.
U.S. stocks fell, and the Federal Reserve's 25bp rate cut was in line with expectations.
Market hotspots:
1. The public chain SOL has risen, with ecosystems KMNO, W, JTO, PUMP, and others also increasing. The USDC borrowing amount of KMNO has exceeded 500 million dollars, making it the first on the SOL chain. The W token's economics have been upgraded, introducing a 4% staking yield and changing the once-a-year large unlock to a bi-weekly unlock.
2. The platform token bnb has risen, and the bn alpha has a strong pump effect. The bsc chain's apx has surged, and token holders can exchange tokens for aster at a 1:1 ratio. Aster is a leading contract trading platform on the bsc chain, essentially a gmx integrated with zk privacy technology, and the on-chain order book of amm and hype cannot be compared. The total supply of aster is 8 billion, with an initial circulation of 700 million + 400 million apx for exchange. The utility of the token includes discounts on spot/perpetual contract trading fees, governance, etc. The pre-market trading reached a peak of 4 billion USD in total market value, with an annual revenue fee of only 60 million USD. The single-machine pump attracts trading, but withdrawals can only be made after October 1st, and cz has repeatedly called for a high probability of an increase in bn. The overall logic is similar to avnt, where the fundamentals are average, but strong whales control the market.
3. The on-chain contract exchange hype continues to reach new highs, with the hip4 proposal creating a new prediction market business.
4. The staking of eth-related tokens such as eigen, ethfi, and ldo has risen, and the eth spot ETF staking may be approved soon. Eigen has become a launch partner for Google Cloud AI Pay. Ethfi is transitioning to a card issuer and is growing rapidly.
5. An n will be lombard above, which is a DeFi ecological project of BTC.