Revised annualized quarterly rate of real GDP for the United States in the second quarter

The crypto industry is expected to shift from speculation to practicality by 2025, benefiting from clearer regulations, institutional participation, and technological advancements. At the same time, crypto assets are viewed as independent assets, and their complexity hinders their conditions for becoming currency. The postponement of crypto regulatory cases may impact industry development. The ResearchHub community is developing rapidly and will reform academic publishing. AI-related tokens have risen sharply but also face legal disputes.

Bitcoin prices have reached new highs, risks in the Web3 space are increasing, and fraud and phishing activities are frequent, with Ethereum and USDT becoming the main targets of attacks. Attack methods are gradually becoming more complex, evolving from direct transfers to authorized phishing. Users should remain vigilant during the bull run to prevent potential losses.

#PI# On August 1st, the stablecoin was introduced in Hong Kong. You should take a good look at the icon with π.

Ethereum (ETH) is showing remarkable growth momentum, highlighting its position as a core asset in the crypto assets sector. Compared to Bitcoin (BTC), Ethereum's rise is often more sustained and steady, reflecting the market's recognition of its long-term value. As a multifunctional blockchain platform, Ethereum has evolved into the cornerstone of the crypto ecosystem, integrating multiple functions such as platforms, protocols, funding centers, and authentication. Its level of popularity has made it the 'universal language' of the crypto world, providing a foundation for countless innovative applications. Recently, multiple favorable factors have further promoted the development of Ethereum. Enterprises continue to increase their holdings of ETH, the successful launch of related ETF products, the continuous growth of the developer community, and the sustained investment of significant capital all confirm a fact: among global crypto assets, Ethereum is becoming a key link that can deeply integrate with the traditional financial system. Currently, the price of Ethereum has broken through the $3800 mark, but many analysts believe this may just be the starting point for even higher valuations. Predictions suggest that ETH has the potential to challenge the $7000 price point in the near future. Therefore, the current price adjustment may provide investors with a rare entry opportunity. However, investors should bear in mind that the Crypto Assets market is highly volatile, and investment decisions should be based on thorough research and risk assessment. The future development of Ethereum still has many unknown factors, including technological upgrades, changes in the regulatory environment, etc., all of which may have a significant impact on its value. Regardless, Ethereum's position in the crypto world can no longer be ignored. With the continuous evolution of blockchain technology, Ethereum, as the preferred platform for decentralized applications, may see its importance further increase. For investors who are focused on the long-term development of crypto assets, Ethereum is undoubtedly an asset worth closely monitoring.

In the on-chain world based on Consensus, we face some unavoidable limitations. However, Lagrange, as a hidden treasure in the Web3 ecosystem, is quietly changing the situation. Its native Token $LA is backed by powerful off-chain computing capabilities, which can scale infinitely and reliably map off-chain computation results to on-chain through zk-SNARKs. This innovative approach brings us a powerful combination of "unlimited bandwidth + trusted output." However, the current valuation logic of the cryptocurrency market still mainly revolves around the core concept of "on-chain resource scarcity." This has led to the actual value of off-chain assets like Lagrange being severely underestimated by the market. This valuation bias reflects the market's limited understanding of emerging technologies and also hints at potential opportunities for value reassessment in the future. In fact, the solution provided by Lagrange precisely compensates for the limitations of the on-chain world. By offloading complex computational tasks to the off-chain, and then bringing verifiable results back on-chain, Lagrange not only improves the efficiency of the entire system but also ensures the credibility of the data. This model offers greater flexibility and scalability for the development of decentralized applications. As the crypto market continues to deepen its understanding of the importance of infrastructure projects, we are likely to witness a wave of market revaluation starting from off-chain infrastructure. In this process, projects like Lagrange that can provide key value may become the focus of market attention. For investors and developers, a deep understanding of the potential of off-chain solutions like Lagrange may bring significant opportunities. As the Web3 ecosystem continues to evolve, projects that can effectively connect the on-chain and off-chain worlds will undoubtedly play an increasingly important role in the future digital economy.