Over the past day, the cryptocurrency market has shown a trend of parallel evolution across multiple dimensions. Notable developments include:

On the regulatory front, Wall Street and industry players held closed-door consultations, making limited progress on legislative frameworks for DeFi and yield-bearing stablecoins. Meanwhile, related concept stocks of a leading exchange were affected by policy expectations, and U.S. stocks generally came under pressure at market open.

Frequent security incidents have become a prominent issue recently. TrueBit was attacked, suffering approximately $26.4 million in losses; Polycule Bot was also hacked, once again exposing vulnerabilities in the infrastructure layer of trading bots. These events have prompted the market to deeply reflect on the security of DEX underlying systems and the credibility of pre-deposit mechanisms.

On the ecosystem development front, there are differentiated progress—Solana continues to advance application deployment around hardware and token incentives; Ethereum consolidates its infrastructure position through parameter upgrades and expansion of institutional products; the Perp DEX track accelerates competition driven by innovative incentive mechanisms and new exchange launches, continuously releasing ecosystem vitality.