What went well: - Smart location: Bali is visa-free, Coinfest was happening, high cost-performance; same level of hospitality in Japan/Korea/Singapore would’ve cost 2x. Total costs were probably similar to OKX’s Da Nang event. - Thoughtful agenda: Chinese KOLs got a private breakfast with @WalrusProtocol’s lead and a lunch with Sui co-founder @EmanAbio. I also got a 1-on-1 English interview with co-founder @Kostas. Great access, solid conversations.
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Daily Staking Net Inflow Ethereum +$34.12 million｜Hyperliquid +$17.73 million｜TRON +$8.41 million Daily Staking Net Outflow BNB Chain –$2.63 billion｜Sui –$17.22 million｜Avalanche –$12.10 million Staking Wallet Ranking Cardano 1.26 million｜Solana 1.17 million｜Ethereum 1.03 million Weekly Wallet Increase Cardano +1.55%｜BNB Chain +0.52% Weekly Wallet Decrease Avalanche –0.84%｜Solana –0.74%｜Ethereum –1.11%
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If Tether can prove to the industry that it can comply with rules without sacrificing profit margins, it will consolidate its position as an indispensable leader in the stablecoin industry.
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