Key Market Intelligence on July 11th, how much did you miss?

律动BlockBeats

2025-07-11 18:49

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1. On-Chain Funds: $445.6M Flows into Ethereum; $374M Flows out of Base 2. Largest Price Swings: $OMNI, $LA 3. Top News: Bitcoin Surges Past $118,000, Setting New All-Time High

Featured News

1. GMX Hacker Message Claims Intention to Return Stolen Funds

2. Bitcoin Breaks $11.8k, Continues to Hit New All-Time High

3. BUILDon (B) Surpasses $0.49, Hits Historic High

4. Matrixport: Current Bitcoin Rally Driven by Continued Inflow of Spot ETF and Corporate Demand, Market Welcoming Macro and Regulatory Positives

5. Bitcoin Surpasses Amazon in Market Cap, Ranks 5th Globally in Asset Market Cap

Trending Topics

Source: Overheard on CT (tg: @overheardonct), Kaito

PUMP: Today's discussions around PUMP are focused on the upcoming token sale and its potential impact on the crypto market. PUMP's innovative token issuance strategy and its ambition to challenge traditional social media platforms have garnered widespread attention. Key points of discussion include PUMP's tokenomics, partnership with Kraken, and a possible airdrop plan for early supporters. Meanwhile, the community is also debating PUMP's market share distribution and its revenue-sharing mechanism, with some expressing caution or skepticism regarding the project's valuation and market expectations.

GMX: GMX took the spotlight today due to a major security vulnerability in its V1 protocol on Arbitrum, resulting in a loss of around $40 million. The attack, attributed to a reentrancy exploit, primarily impacted the GLP liquidity pool, but GMX V2 and the GMX token itself remained unaffected. In response to the incident, GMX has halted trading and GLP minting on Arbitrum and Avalanche and is collaborating with security partners to investigate the events. The team has also announced a 10% bounty for the return of the stolen funds. Despite undergoing multiple audits in the past, this event has raised significant concerns about DeFi security in the community and led to a notable drop in the GMX token price.

BNB: Today, the discussion around BNB is mainly focused on the progress of integrating on-chain tokenized assets of traditional stocks. With partners such as Kraken and Backed, BNB Chain now supports non-US users to trade tokenized stocks like AAPLx, TSLAx, NVDAx in BEP-20 format, further enriching its DeFi ecosystem. In addition, Binance has announced the listing of Lagrange (LA) and a significant airdrop for BNB holders, sparking market discussions. The expansion of xStocks to the BNB Chain, as well as the upcoming BNB Treasury Company launch in the US, are also seen as key signs of BNB's increasing influence in both the crypto and traditional finance fields.

OKB: Today, the discussion around OKB is focused on the strategic partnership between OKX and Circle. This partnership aims to achieve seamless 1:1 conversion between USD and USDC to enhance the overall liquidity of USDC, supporting over 60 million users. This initiative is seen as an important step for OKX towards compliance while improving user trading experience. Furthermore, the launch of the "BTC Savings" feature by OKX, providing stable Bitcoin returns to VIP users, has also gained widespread attention. These developments are considered key strategic moves for OKX to expand its market and seek regulatory approval.

Featured Articles

1. "ETH Returns to $3000, Meme Players on the Mainnet Have Made a Profit"

On July 11, ETH returned to the $3000 mark after nearly five months, attracting market attention. With the uptrend signal on the mainnet, the Meme sector in the ETH ecosystem also saw a collective rebound, with several tokens experiencing short-term price hikes, quickly restoring market sentiment. Therefore, delving into projects in the ETH ecosystem that truly have growth potential is becoming a key path to finding Alpha. This article will focus on four potential projects that combine popularity and fundamentals, providing analysis and summary.

2. "After Ethereum Returns to $3000, How Will the Foundation Restructure the Team and Ecosystem Plan?"

Ethereum has officially broken through the $3000 mark, leading the rise of altcoins and related concept coins. An increasing number of US stock companies and mining companies are turning to purchasing Ethereum as a strategic reserve. At this key juncture, the Ethereum Foundation once again conducted a team restructuring. They are forming a new team, EcoDev, and other groups to accelerate ecosystem development. Will Ethereum rise to the occasion this time?