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Daily Legal Evening News | Solana's ecosystem tokens see a general rise in prices; 10 bitcoins traded for Inscription No. 8.

Read this article in 13 Minutes
Overview of important news in the cryptocurrency industry on December 8th, GN!

Top News:

1. OG General spent 10.4 BTC to purchase Inscription #8, setting a new record for the highest price in history.

2. The Solana ecosystem token has seen a general rise in prices, with JTO's maximum daily increase reaching nearly 90%.

3. Mocaverse has completed a new round of funding of $11.88 million, with participation from OKX Ventures and others.

4. Data: L2 TVL breaks $16 billion, with a 7-day increase of 12.02%.

5. TON network has experienced severe congestion due to the influence of Tonano's inscribed coinage, and coinage and multiple wallets have temporarily suspended service.


Price Observation


Pudgy Penguins series NFT floor price increased by over 30% in 24 hours, now trading at 10.74 ETHAccording to the market data from Blur, the floor price of Pudgy Penguins NFT series has increased by 30.99% in the past 24 hours and 49.46% in the past 7 days, currently trading at 10.74 ETH. In addition, the trading volume of this NFT series has reached 2752.49 ETH in the past 24 hours and 14815.17 ETH in the past 7 days.


Solana ecosystem tokens see a general rise, with JTO's intraday maximum increase approaching 90%According to market data, Solana's ecosystem tokens have seen a general rise in prices, including:

JTO's intraday maximum increase is nearly 90%, currently priced at $3.13 (intraday low of $1.74).

SOL 24-hour increase reached 13.2%, with a current price of $71.9 USD;

BONK has seen a 37.5% increase in the past 24 hours, with a current price of 0.0000113 USD;

PYTH has increased by 19.1% in the past 24 hours and is now priced at 0.515 USD;

POLIS has increased by 17.8% in the past 24 hours and is now trading at a price of 0.613 USD;

ORCA has risen by 19.9% in the past 24 hours and is now priced at $3.13 USD;

RAY 24-hour increase reached 24.1%, with a current price of 0.53 USD.


RAY's highest increase in the past hour is nearly 25%, and it is currently priced at $0.53.

According to market data, the Raydium token (RAY) of the Solana ecosystem's DEX protocol has seen a maximum increase of 24.61% in the past hour (with a maximum daily increase of about 34%), and is currently priced at $0.53.


Transaction Tracking


A certain whale transferred 3200 ETH from Binance to Blast.

According to monitoring by @ai_9684xtpa, a whale address starting with 0xBEd withdrew 3200 ETH (worth $7.6 million) from Binance 3 hours ago and then deposited it into the Blast staking protocol. As of now, the whale has deposited a total of 3245 ETH, which will be unlocked in February next year.


A certain whale transferred 1,449 BTC to Binance, with a current total profit of $65 million.

According to Lookonchain's monitoring, a certain whale deposited 1,449 BTC ($62.9 million) into Binance 50 minutes ago and still holds 1,455 BTC ($63.16 million), with a total profit of $65 million. It is reported that the whale's last BTC sale was on April 16th, during the peak of BTC prices.


LINK、SHIB、1INCH are among the top Smart Money inflows in the past 24 hours

According to Nansen 2 data, the Smart Money 24-hour Ethereum network fund inflow tracking list is as follows: ETH: about $40.09 million, currently priced at $2,376.35, up 4.87% in the past 24 hours; LINK: about $2.58 million, currently priced at $15.99, up 2.63% in the past 24 hours; SHIB: about $2.16 million, currently priced at $0.00000999, up 2.04% in the past 24 hours; 1INCH: about $1.94 million, currently priced at $0.394, up 2.68% in the past 24 hours; NXM: about $1.22 million, currently priced at $48.03, up 3.67% in the past 24 hours.


DWF address received 6 million KCT tokens, equivalent to $225,000, 30 minutes ago.

According to Lookonchain monitoring, the DWF Labs address received 6 million KCT tokens approximately 30 minutes ago, equivalent to $225,000 USD.


OG General spent 10.4 BTC to purchase Inscription #8, setting a new record for the highest price in history


















According to L2BEAT data, the total value locked (TVL) in Ethereum Layer2 currently stands at $16.15 billion, with a 7-day increase of 12.02%. The top five locked assets are Arbitrum One ($8.52 billion, 7-day increase of 9.92%), OP Mainnet ($4.55 billion, 7-day increase of 18.32%), Base ($651 million, 7-day increase of 7.96%), zkSync Era ($570 million, 7-day increase of 11.28%), and dYdX ($359 million, 7-day increase of 6.9%).


Ordinals Founder: It may be a good thing to have different demand sources for Bitcoin block space

Bitcoin NFT protocol Ordinals founder Casey Rodarmor posted on social media that it may be a good thing to have different demand sources for Bitcoin block space. If the different demand sources are not completely related, the total demand curve may be smoother than its components.


Data: Solana network TVL rises to $772 million, with TVL growth of over 20% for multiple protocols in the ecosystemAccording to Defillama data, Solana network's TVL has risen to $772 million, with significant growth in TVL for multiple protocols in the Solana ecosystem. Among them, Jito TVL reached $434 million, with a weekly growth rate of 11.51%. Marginfi TVL reached $181 million, with a weekly growth rate of 25.58%.



Financing Express


Mocaverse has completed a new round of financing of $11.88 million, with participation from OKX Ventures and others.

According to official sources, Mocaverse, the NFT series under Animoca Brands, announced the completion of a new round of funding of $11,888,888. Block1, OKX Ventures, Foresight Ventures, Polygon Ventures, and Dapper Labs participated in this round of funding. So far, Mocaverse has raised a total of $31.88 million in funding (the previous round was $20 million). In these two rounds of funding, Animoca Brands raised funds by issuing new common stock at a price of AUD 4.50 per share. The new funds will be used to promote Mocaverse's establishment of a digital identity and scoring system for Web3 games, culture, and entertainment.


The modular account abstraction project Rhinestone has completed its Pre-Seed round of financing, with participation from 1kx and Safe.

The modular account abstraction project Rhinestone announced the completion of its Pre-Seed round of financing, with investors including 1kx, Safe, Lattice, Heartcore, Calvin Lui (Chief Strategy Officer of EigenLayer), Georgios Vlachos (Co-founder of Axelar), and Waikit Lau (Lau Ventures), among others. Rhinestone did not disclose the specific amount of financing. Rhinestone is building a platform to realize a secure ecosystem for intelligent account modules and to achieve wallet innovation without permission. Rhinestone will enable any developer to build an intelligent account module that can be paired with front-end components, allowing users to easily install, delete, or replace their accounts. Previously, Rhinestone was selected as one of 18 projects in the Ethereum Foundation's ERC-4337 account abstraction funding round.



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