Italy's Istat Consumer Confidence Index for July

In the past 24 hours, the Crypto Assets market has experienced significant zone rotation, with the Solana ecosystem attracting widespread follow, and multiple projects performing strongly. However, investors should be wary of increasing market competition and rising risks, and it is advisable to make cautious decisions and maintain rationality. Long-term stable investment strategies and Risk Management remain key.

Wow. US Q2 GDP: +3.0% vs 2.4% exp. Recession from Q1 canceled. Strong growth.

Radpie: The new "Convex" for RDNT is about to launch. Radpie, as the "Convex" of RDNT, is about to launch, and its mechanism is similar to that of Convex to Curve. Radpie aims to provide users with a way to participate in mining without directly holding RDNT, which is similar to Convex's model of sharing veCRV. The core mechanism of Radpie is to raise dLP (a Balancer pool LP token composed of 80% RDNT and 20% ETH) and share it with DeFi miners. Users can convert dLP into mDLP through Radpie, maintaining their RDNT position while enjoying high yields. This mechanism is expected to benefit the Radiant project as it can permanently lock a portion of RDNT, support long-term liquidity, and attract more lightweight.

Under the compliance policies in the Web3 field, Hong Kong has attracted a large number of virtual asset exchanges to apply for licenses. Crypto Assets trading faces challenges such as model limitations and unclear investment returns, and CeFi may become a bridge for TradFi users to Web3. Although the profitability of short-term projects differs from the goals of long-term builders, the professionalism and policy support of the Hong Kong market still indicate a broad prospect for Web3.

PayFi is an innovative model that combines payments with Financial Service, leveraging Blockchain technology to promote the integration of TradFi and the crypto market. It drives the application of digital assets in real-world scenarios through efficient, low-cost, and transparent Decentralization payments, supporting the development of Web3 and DeFi, and based on Solana, it demonstrates strong market potential and development prospects.