Morgan Stanley's Head of Digital Asset Strategy Amy Oldenburg stated at a blockchain summit that professional adoption of crypto funds remains in early stages, with 80% of trading coming from retail investors. Morgan Stanley plans to offer Bitcoin ETF in 2024 and is considering including Ethereum and Solana. She emphasized the need to educate financial advisors on understanding the positioning of digital assets.

Perle Labs attracted a large number of users by launching a $55,000 reward pool, but this popularity actually stems from mechanical farming. Participants are merely harvesting rewards rather than genuinely interested in the project. The traffic provided by such activities is temporary and lacks long-term value. Short-term traders can capitalize on this sentiment volatility, while long-term investors should remain cautious and consider investing only after the project demonstrates substantial progress.