Sonic Szn?

In Partnership with INFINIT

Infinit is building some of the most interesting DEFAI features right now, especially with the addition of its Yield Agent. Try it out today and earn INFINIT stones for its upcoming airdrop.

Sonic Szn?

While a lot of people are touching grass or licking their wounds after getting chopped up buying Solana celeb coins, the market is starting to get a little more interesting. Certain alts continue to pick up momentum, with IP, JTO, Sonic and MKR all up 20%+ today. KAITO’s token dropped and is currently trading at a $1.4bn FDV (though yaps were not worth what most people thought). BTC was up to $98.3k on the day, ETH up to $2.75k while SOL is stuck at $175. Oh, and SBF is also trying to get out of prison to run it back.

In Partnership with $IO

IO is not a crypto project. IO powers AI via compute using crypto rails. The network continues to see positive earnings momentum (+34% vs. last month) and they just signed another powerful partnership with Gaia.

The trenches are healing (a little) with new ponzi tokens RISE and IMG doing pretty well. IMG got as high as $47mm (and we’re in desperate need of a new meta). SOL tokens led most of onchain strength on the day (see below) but also SHADOW on Sonic continues to run too (+ most Sonic tokens are catching a bid today on the token’s recent pump).

IMG was also the mindshare leader on the day, pulling attention away from PAIN and AI coins. pep and Fullsend were other notable attention gainers on the day.

Trench trading volumes still hanging out at suppressed levels and are down ~60% from the peak. 0-5d old SOL tokens with $300k+ of smart ownership included IMG and PAIN.

Interesting accounts getting smart follows:

• SolRise

• AIVA

• Hailliday

• knuckles

• IMG

• Hand of God

• Terminus

Mantle Keeps Cooking

Despite the bad vibes in the market, Mantle continues to shine. The network has gained incredible traction across its liquid staking/restaking products and also is rebranding its BTC yield product to Function BTC

SMART MONEY CORNER - Presented by chainEDGE

• Broccoli was by far the most popular token with EVM smart money

• While PAIN led smart net buying on SOL

• Fartcoin balances seeing the sharpest accumulation along with Fullsend and MLG.

MEME OF THE DAY