Crypto Assets Weekly Report: Ether Breaks Through the $4000 Barrier

This week, the Crypto Assets market has reached an important milestone, with Ether breaking the $4000 mark for the first time in over two years. Overall market sentiment is optimistic, with multiple sectors showing growth.

Market Overview

• The overall growth of Layer 2 ecosystem, Starknet had the largest increase of 19.64%.
• The deposit and withdrawal volumes in the LSD sector have both increased, with the market share of stETH growing by 13.01%.
• The market value of the RWA sector increased by 20.27%, and the 24-hour trading volume rose by 9.37%.

Key Focus

1. Ether broke through the 4000 dollar mark.

Ether reached a high of $4000 for the first time since December 2021. Its recent performance has outpaced Bitcoin, with a 30-day increase of 67%. Analysts believe this is related to the market's expectations for the approval of the US spot ETH ETF.

2. NetMind Protocol

NetMind is committed to building a decentralized AI computing platform that utilizes idle GPU resources to provide computational support for AI models. Its native token NMT has recently performed well, with a 7-day increase of over 100%.

3. Investment Trends

• Kravata secured $3.6 million in funding, aiming to connect traditional finance with Crypto Assets.
• GoPlus Security completed a $4 million financing round to provide blockchain security services.
• Bitcoin trading app Oyl secures $3 million in funding

Industry Trends

• MakerDAO temporarily raises rates to respond to potential demand shocks
• BlackRock plans to purchase Bitcoin spot ETFs for global allocation.
• The Optimism Foundation plans to privately sell OP tokens worth $89 million.
• Base indicates that it will support EIP-4844 from day one.

Overall, as Ether breaks through important levels, market sentiment is becoming optimistic. The AI sector continues to attract attention, and institutional investors' interest in Crypto Assets is also increasing. However, potential risks should still be monitored, and a cautious attitude should be maintained.