According to PANews, David Pakman, managing partner of CoinFund, said that the global stablecoin supply may surge from the current $225 billion to $1 trillion, becoming a key catalyst for the growth of the crypto market. Pakman added that since 2021, stablecoin trading volume has increased 22 times, on-chain capital flows have increased, and the current supply shows that the market may still be in the middle of the cycle and has not reached the peak of the bull market.
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According to ChainCatcher, Eclipse today released documents related to the SVM client Giga Scale Virtual Machine (GSVM). Solayer core developer Chaofan Shou forwarded and criticized Eclipse for alleged plagiarism. Chaofan Shou said that the GSVM solution has the same idea and similar demonstration process as the technical solution previously released by Solayer, but Solayer has proved that the solution cannot work in the actual operating environment.
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ApeCoin will unlock 15.6 million APE on July 17, worth approximately $11.39 million, accounting for 2.31% of the circulating supply.
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