Recent dynamics in the crypto assets market are attracting attention. Ethereum is at a critical stage, with several US institutions showing strong interest in it. Analysts predict that as Ethereum enters a sideways consolidation phase, the tokens within its ecosystem may experience significant rise. Notable projects for investors to follow include Lido, ENA, and Optimism.


At the same time, Ethereum launched a special NFT piece called The Torch to commemorate its tenth anniversary milestone. This collectible will be open for public minting on July 30, and is expected to attract a large number of Ethereum supporters to participate.
On the other hand, some cryptocurrencies related to Chinese concepts have also seen significant rises. Among them, Conflux (CFX) has been particularly notable, achieving an astonishing 120% increase. This rise is mainly attributed to the project's upcoming 3.0 version launch and its participation in the pilot program for offshore RMB stablecoin within the "Belt and Road" initiative. As a result, other related projects such as Nervos Network (CKB), Ontology (ONT), and NEO have also experienced varying degrees of increase.
These trends reflect the vitality and innovation of the crypto assets market, while also highlighting the potential of blockchain technology in the field of financial innovation. However, investors should be fully aware of the high-risk characteristics of the crypto assets market while following these opportunities and make cautious decisions.
ETH0.49%
ENA4.03%
OP0.21%
CFX-1.3%
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