Overview:

On Friday, the Bank of Japan raised interest rates by 25 basis points, meeting expectations. The market remained relatively calm over the weekend but experienced a sharp decline this morning.

Daily Macro:

Bitcoin Performance: Bitcoin fell to $102,000.

Bitcoin ETF: Bitcoin ETFs saw a net inflow of $518 million last Friday.

Ethereum ETF: Ethereum ETFs saw net inflow of $9.2 million last Friday.

Macro Data: On Friday, the Bank of Japan raised interest rates by 25 basis points, in line with market expectations.

Daily Focus:

JUP

Reason for Focus: On January 26, Jupiter announced that 50% of its protocol fee income will now be used for JUP token buybacks. This news led to a significant short-term price surge.

Related Token Performance: JUP: -13% (24h).

How to Participate: With Solana’s growing popularity, Jupiter, as a leading infrastructure within the Solana ecosystem, demonstrates strong vitality. Investors should keep track of the project’s development to seize potential opportunities.

Next Focus:

Pump.fun

Reason for Focus: Pump.fun achieved a record-high fee income of $15.5 million this past Friday. Since its launch on Solana on January 19, 2024, it has reached $100 million in revenue in just 217 days, making it one of the fastest-growing applications in crypto history.

How to Participate: While Pump.fun has driven the issuance of compliant projects through innovative mechanisms, some U.S. law firms are filing lawsuits on behalf of affected investors. Investors should monitor the platform’s development and associated risks.

CoinEx Daily: Markets Remain Calm Over the Weekend, Drop Observed This Morning