๐ Global & Macro: No major macroeconomic or geopolitical developments reported in this hour.
๐ฆ RWA & Institutional: No new RWA or institutional developments reported in this hour.
โก Crypto & Markets: In the past seven days, only five public blockchains generated over $1 million in fee revenue. Solana led with $7.01M, followed by Tron ($5.55M), Ethereum ($4.42M), BNB Chain ($3.98M), and Bitcoin ($1.71M). Meanwhile, Pump.fun introduced a new mechanism tying shill rewards to follower earnings, aiming to align incentives between promoters and their audiences.
๐ก Key Takeaway: Fee revenue remains highly concentrated among a few blockchains, while memecoin platforms experiment with incentive models to sustain engagement.