Top News

1. BlackRock's BUIDL Fund Reaches $25 Billion, with 80% of Funds Concentrated in 4 Addresses

2. Top 3 TRUMP Dinner VIP Seats Currently Held by Users 'Sun,' Wintermute, and MemeCore

3. SUI Surges Above $3.6 in a Short Time, with a 24-Hour Gain of 15.02%

4. AI Concept Meme Tokens See Universal Growth, with ARC Surging Over 32% in 24 Hours

5. Raydium LaunchLab Has Created 5225 Tokens Since Launch, with a Graduation Rate of 1.34%

Trending Topics

Source: Overheard on CT (tg: @overheardonct), Kaito

INITIA: INITIA Mainnet Launch Sparks Twitter Buzz, with its Celestia-based App Chain and Interwoven Rollup innovative architecture receiving widespread acclaim. The project strengthens community incentives through a VIP reward mechanism, and the $INIT token has been listed on exchanges such as Binance and HyperliquidX, allowing users to participate in the ecosystem through the Leap wallet. Developers and validators have shown great enthusiasm for the infrastructure, and multiple technical analyses suggest that its modular design could reshape the landscape of app chain competition.

KAITO: Today's KAITO discussion focuses on the Yapper Ranking Update: Adding regional tags for the Chinese and Korean languages, with algorithm adjustments emphasizing user loyalty and original content quality. The community has debated the impact of the update on small accounts, with the official stance emphasizing "real interaction value over quantity-based strategies." Some KOLs have pointed out that the new rules may alter the dynamics of social mining.

INFINEX: The INFINEX platform sparked controversy with its Twitter account binding feature, leading users to speculate that linking a KaitoAI account could result in an airdrop reward. The platform's DeFi cross-chain functionality has been praised by developers for its convenience, but the vague teaser of a "Yappers Activity Reward" has also triggered FOMO sentiment. On-chain data shows a 230% spike in related smart contract interactions in a single day.

ZORA: The ZORA airdrop controversy continues to escalate, with the community criticizing the distribution mechanism for favoring internal individuals. Some users even joked that the "reward is not enough to cover Gas fees." While some artist supporters have acknowledged its historical contributions, the majority have criticized fundamental flaws in the business model. On-chain analysts have noted that this event led to an 18% decrease in the platform's weekly active addresses.

SUI: SUI has surpassed Chainlink in market capitalization, becoming a focal point in the market, with the community comparing it to Solana and Ethereum. Rumors of a Pokémon collaboration continue to circulate, and the launch of new projects and staking activities within its ecosystem has boosted its popularity. Notably, searches for its Move language development tutorial have surged by 400% in a week, indicating a rising interest in its technology.

Featured Articles

1. "One Month Until the Transition, Has the Political Alliance between Trump and Musk Crumbled?"

As Trump's term draws to a close, his political alliance with Musk is on the brink of collapse due to policy disagreements (tariff disputes) and power struggles (IRS personnel appointments). Although Musk-led government reforms saved $160 billion, the backlash from radical measures, coupled with Tesla's stock price halving, has significantly diminished his political capital. Trump ultimately chose to support the traditional faction, signaling the end of this "tech transforming politics" experiment.

2. "Cutting Staking Rewards, Aptos' New Proposal Targets Whale 'Earn-and-Sleep' Bonus"

Aptos community proposal AIP-119 has sparked a discussion on changes to the on-chain economic model, suggesting a phased reduction of the staking annual percentage yield from 7% to 3.79% to address high inflation and inefficient use of ecosystem funds. This move is seen as a complementary reform to CEO Avery Ching's "performance-first" strategy since taking office. While facing pressure for small node survival and short-term capital outflow risks, supporters believe this is a necessary surgery to break the "high APY trap" and drive funds into DeFi.

On-chain Data

On-chain Funds Flow on April 25

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