Mining Output Adjustment

Decentralized Physical Infrastructure Network (DePIN) combines physical resources with blockchain technology to create a flexible P2P network aimed at addressing traditional centralization issues. Although DePIN has shown potential in areas such as storage and Computing Power, it still faces challenges like technical complexity and market acceptance. In the future, DePIN may be deeply integrated with AI to promote the development of new application scenarios.

🚨ALERT: WHALE BUYS 118.25M IN ASTER! Two whales just scooped up 118.25M $ASTER ($270.8M) — equal to 7.13% of circulating supply. Meanwhile, 15 wallets are likely owned by one whale.

Avalanche is adding a $316B giant to its institutional ecosystem. 🔺 Mirae Asset Global Investments, one of Asia's largest asset managers, signed an MOU with Ava Labs at KBW to pioneer fund tokenization and on-chain fund operations.

Recently, the trend of Solana (SOL) has attracted market attention. From the daily chart perspective, SOL has fallen for five consecutive trading days, and the MACD indicator continues to release short positions signals, indicating that the current market sentiment is leaning towards pessimism. However, from the shorter-term 4-hour chart, an interesting 'bottom divergence' pattern has emerged. This technical indicator usually signals a potential rebound in the short term, bringing a glimmer of hope to bullish investors. Currently, the SOL price is hovering around $200, forming a key price range. Investors should closely follow two important factors: first, whether the $200 integer level can form effective support; second, whether the support from the lower Bollinger Band can help stabilize the price trend. For traders who are interested in participating, consider looking for entry opportunities in the range of $195 to $200. If a successful breakout occurs, $215 will become the first upward target. If the price can hold steady at the $215 level, further upside to $230 cannot be ruled out. However, the market is constantly changing, and investors must always follow the performance of key support levels. Once these support levels are effectively broken, it is necessary to adjust trading strategies in a timely manner to adapt to the new market environment. In a highly volatile market like cryptocurrency, risk management is always the key to successful trading.

In the Crypto Assets market, an intriguing new narrative could be a key factor in igniting market enthusiasm. This narrative has the potential to attract the attention of a large number of investors and may guide the flow of funds. It is worth noting that the essence of Crypto Assets is a string of code, but the real driving force behind the market often comes from the stories and ideas behind them. These narratives shape investors' expectations and largely determine the direction and popularity of the market. Looking back at the period from 2020 to 2021, we witnessed the astonishing performance of digital currencies like DOGE and SHIB, with some small tokens even achieving hundredfold and even thousandfold growth. These cases showcase the potential impact of powerful narratives. Currently, we are in a bull market cycle, and with the expectation that the Federal Reserve might cut interest rates in October, market sentiment is generally optimistic. In such an environment, as long as investors choose projects with potential, there are still opportunities to achieve significant returns. Taking the Solana ecosystem as an example, certain projects within it are gaining attention due to their unique narratives, high follow, and excellent development teams. These projects may currently be at relatively low levels, but considering their potential growth space, the future development prospects are promising. However, investors should keep in mind that the Crypto Assets market is full of risks and uncertainties. Before making any investment decisions, it is essential to conduct thorough research and risk assessment. While emerging narratives may be appealing, they also require rational analysis of their long-term sustainability.