Chicago Fed National Activity Index for July in the United States

This week, the Crypto Assets market continued to pump, with Ether breaking through $4000, reaching a two-year high, mainly driven by expectations of the approval of the US Spot ETH ETF. The Layer 2 ecosystem and LSD sector showed positive performance, with multiple projects receiving funding, and the market outlook is favorable, but potential pullback risks must be followed.

This week, Ether first broke through the $4000 mark, with a rise of 67%, outperforming Bitcoin. The market's expectations for the approval of the US Spot Ether ETF have driven this uptrend. The Layer 2 ecosystem and the LSD sector are experiencing overall growth, with multiple projects receiving funding. The encryption industry is迎来新的发展机遇.

Crypto Assets Weekly Report: Ether Price Breaks Through $4000 Barrier This week, the crypto assets market continues to maintain an upward momentum, with the price of Ether breaking the $4000 mark, setting a new high in over two years. Let's review the important developments in the crypto industry this week. Market Overview Last week, the Layer 2 ecosystem generally showed positive growth, with Starknet experiencing the most significant increase at 19.64%. In the LSD sector, both the deposit volume and total exit volume for Ethereum saw an increase, with the exit volume growing more notably at 3.74%. The RWA sector's overall market value increased by 20.27%, and the 24-hour trading volume rose by 9.37%. The traditional financial markets performed modestly, with the SPX and Nasdaq indices falling by 0.14% and 1.14% respectively. In the coming week, attention should be paid to important economic data such as the German CPI, the US core CPI, and the US Treasury auction. Important Event ETH

This week, the Crypto Assets market dynamics are positive, with Ether breaking through $4,000 for the first time, reaching a two-year high, mainly driven by ETF expectations. At the same time, Layer 2 shows strong growth, with real-world asset market capitalization and volume also on the rise. Investment dynamics include several financing services, with industry attention on the latest developments of MakerDAO, BlackRock, and others. The future market will focus on Fed policies and the approval progress of Ethereum ETF.

Crypto Assets Weekly: Ether Surpasses $4,000 for the First Time in Over Two Years Welcome to this week's Crypto Assets Weekly Report. We bring you key market trends, insights into emerging protocols, and the latest industry developments, aimed at enhancing your expertise in Crypto Assets and Web3. Enjoy your reading! Market and Industry Overview Last week, Layer 2 all showed positive growth, with Starknet experiencing the most significant increase, reaching 19.64%. Stear Protocol, Polynomial Protocol, Interport Finance, Fringe V2, and Carmine.