CoinEx Daily：Bitcoin Gains Strength, Solana Leads with Meme Surge

Overview

With the start of the workweek, Bitcoin has surged, boosting the entire market. Ethereum transaction fees hit a record low following the Dencun upgrade, possibly signaling an upcoming ETH rebound. The Solana ecosystem continues its Meme rally, with $POPCAT reaching new all-time highs. 

Daily Macro

Bitcoin Market :As the workweek begins, $BTC shows strong upward momentum, driven by active investor trading. Winslow Strong transferred 442 WBTC (worth $27.4 million) to Amber Group, possibly signaling an upcoming sell-off in the market.

Bitcoin ETF : Preliminary reports showed net outflows of $274 million last week.

Ethereum ETF : Preliminary reports show a net outflow of $25.4 million last week.

Macroeconomic Data : Global geopolitical tensions, such as the escalating situation in Iran, and revised economic policies, such as the UAE’s exemption of digital asset transfers from VAT, may boost investment enthusiasm in the related markets.

Daily Focus

Solana Meme

Reason for Focus: The Meme boom on the Solana chain continues to heat up, with tokens like $POPCAT performing well and several Meme hitting all-time highs (ATH).

Related Token Performance (24H):

POPCAT: +15.79%

AURA: +104.2%

SIGMA: +76.79%

Market Outlook: With more Meme being mined on the Solana chain, the Meme boom is expected to continue in the near term, likely continuing to drive activity on the chain and price increases.

Bitcoin Meme

Reason for Focus: Bitcoin Meme's such as $PUPS and $ORDI have received a lot of attention from the market recently, especially on the back of the rising Bitcoin price.

Related Token Performance (24h):

PUPS: +55.11%

WZRD: +36%

ORDI: +9.93%

Market Outlook: The Bitcoin Meme frenzy may continue, and investors should keep an eye on further market performance of the Rune and Ordinal tokens.

Next Focus

Fractal Bitcoin

Reasons for Focus: Fractal Bitcoin's Q4 roadmap. Fractal Bitcoin's plans to introduce rune activation, CAT20 support, and a corresponding marketplace could be the next eco-asset rally booster.

Market Outlook: Investors can pay close attention to Fractal Bitcoin's market updates and lay out Fractal Bitcoin ecosystem tokens in advance to seize market opportunities.