In November 2024, the blockchain gaming industry saw a significant rise driven by the bull run, with a market capitalization reaching $35.1 billion and daily active users hitting 5.5 million. However, it faces widespread acceptance and technical challenges. Multiple platforms continue to emerge, and funding has declined. Social media is gradually becoming a new entry point for Web3 games.

Sonic co-founder Chris Zhu shared his experience of transitioning from traditional fields to Web3, discussing the development background and challenges of Sonic. He emphasized Solana's unique scalability strategy and its Hypergrid solution, looking forward to the future of Web3 gaming. He believes that with technological advancements, the quality of games and user experience will significantly improve, and blockbuster games across the entire chain are expected to emerge.

Ethena Founder Reveals the Rapid Rise of the USDe Stablecoin
Recently, the market value of the USDe stablecoin skyrocketed from 140 million USD to 7.2 billion USD within a year, growing over 50 times. Ethena Labs partnered with the U.S. federal regulatory bank Anchorage Digital to launch the first stablecoin USDtb compliant with the GENIUS Act, providing a compliant option for U.S. users. Meanwhile, Ethena launched the StableCoinX project, raising 360 million USD, with plans to go public on NASDAQ and initiate a 260 million USD buyback plan, sparking market discussions.
Guy Young, the founder of Ethena, recently gave an interview where he shared the reasons behind the company's rapid growth in the stablecoin sector and his views on the market landscape.
Guy stated that the Ethena project started at the beginning of this year, when the market was not so hot yet. They noticed that

Ordinal and BRC20: The Emerging Standard in the Bitcoin Space
Ordinal is an innovative technology on the Bitcoin network that assigns a unique serial number to each satoshi, the smallest unit of Bitcoin, (. This allows individual satoshis to be tracked and traded, and various data such as images, text, or videos can be inscribed on them. Once a transaction is confirmed, this data is permanently stored on the Bitcoin blockchain, giving each satoshi uniqueness and non-fungibility.
The advantage of ordinal NFTs is that they are created directly on the Bitcoin blockchain. Since the launch of ordinal technology in January 2023, inscription activity has significantly increased, and the Bitcoin NFT market has also flourished.
Based on this, in March 2023, a developer proposed the BRC-20 standard, which is a fungible token standard on the Bitcoin blockchain. Unlike Ethereum's ERC-20, BRC-20 does not rely on smart contracts but utilizes ordinal inscriptions. BRC-

The price of Bitcoin recently fell to $88,000, raising concerns about a Bear Market due to factors such as stock market pressure, Hacker attacks, and capital outflows. Investors should adopt strategies such as holding, diversifying investments, regular investing, stop loss, and shifting to stablecoin to protect their assets and respond cautiously to challenges.

Superstate: A New Journey of Tokenization for the DeFi Pioneer
In the current cryptocurrency cycle, tokenization is becoming a highly focused area, attracting not only the attention of Wall Street but also gaining recognition from regulatory agencies. In this wave of RWA enthusiasm, the tokenization asset management company Superstate, led by the founder of Compound, has quietly grown into an important representative player with compliance as its cornerstone, attracting hundreds of millions of dollars in investment.
Three tokenization products lead the industry development.
Tokenization is becoming a new growth point in the global financial market, with the trend of real-world assets going on-chain rapidly heating up. From proof of concept to explosive growth on a scale of hundreds of billions of dollars, RWA has attracted numerous financial giants competing for a stake. In this wave, Superstate, which was established just over two years ago, has already secured a place in the tokenization market.
The founder of Superstate is

Ethereum Ten Years: Vitalik's Journey of Thought Evolution
On July 30, 2015, the Ethereum mainnet was launched.
Bitcoin grows like a myth, depersonalized and unwritten by anyone; Ethereum, on the other hand, is like an unfinished script, with the author never leaving the stage.
Vitalik Buterin, the young and famous technological idealist, has spent ten years infusing his personal philosophy, values, and struggles into code.
From the initial vision of a "world computer" to the governance reflections during the DAO crisis, from the merge to the profound changes within the foundation... each evolution of Ethereum has left its mark of Vitalik's thoughts.
Ten years of Ethereum, also ten years of Vitalik's thought evolution.
The starting point of idealists
After the 2008 financial crisis, Bitcoin emerged, sounding the trumpet of rebellion against the old world. This emerging technology has changed 17 years.

This week the market is focused on the Fed FOMC meeting and global Central Bank interest rate decisions. Digital assets continue to attract funds, especially as Bitcoin reaches an all-time high and shows strong performance. Several states have a positive attitude towards Bitcoin reserve bills, and the NFT market has shown significant recovery, with related tokens being followed.