FTX liquidation? Friend Tech? CPI? Looks like even the crypto media doesn't care about this market. Key data points are as dead as price actions. We have no more scandals to dig, Binance FUDs are so lame. More DYOR needs to be done in the Solana and Ton ecosystems.

Vitalik is dumping MKR hearing MakerDAO's intention to move to Solana. It's not about what most people talk about in a day or a week. It's about the whole deep state engineering. Solana has been doing some exception low-key work these days and it's worth following their development.

Week 26 August -  31 August 2023 Don't rejoice yet. We haven't won - Mars Captain 🧠 Observations * Quiet week with Greyscale winning against the SEC. 7% pump in a couple of hours, then retraced. The crypto world is a fiesta of masochist. A 60% decline followed by a 5% rise

$CNY is under a two-front war. If this situation is mirrored in DeFi, all the traders now would heavily be shorting $CNY as per on-chain movement of the central bank selling US bonds to support the currency value.

Macro economy is looking quite gloomy. Inflation is not doing better, it is only going worse. There is a rise of innovative tokenomics and products if we look closely. While Degenz chase Layer 2 narratives, there are many things going on in the stablecoin wars.

The champion of all online payment platforms, with the same simple click of payment, and the biggest digital payment structure, what's the point of doing stables? The Curve crisis was bailed out by the deep state people.

The Curve crisis contagion has been stopped early before going out of control. The meme economy is an essence of the crypto world. As the multichain Layer 1 narrative dims, we should revisit high TVL EVM ecosystems for growth.

From multi-chain to multi-layer, market participants seem to have put behind the 2021 heydays of alternative L1s, Solana, Near, Avalanche, Cosmos, Polkadot, how are you? Indeed, L2s are having an epic battle among themselves. $XRP shouldn't be overjoyed for such a landscape.