Merkle3s Weekly Snapshot📊 7/29
1️⃣ Macro Highlights 📈
➡️ Markets maintain strong expectations for a September Fed rate cut.
2️⃣ On-Chain Market Analysis 🛡️
➡️ $BTC remains in a high-level consolidation phase with strong structural health. Large-scale accumulation continues, sell pressure remains limited, and the trend is likely to extend, though short-term sentiment swings should be monitored.
3️⃣ ETF Inflows Remain Strong 📈
➡️Spot ETFs maintain steady net inflows. This week, $BTC ETFs recorded $720M in inflows, while $ETH ETFs saw $1.85B in inflows.
4️⃣ Meme Market Highlights 🔥
➡️#Solana meme market shifts sharply: $PUMP platform share dropped to 8.19%, #Letsbonk surged to 79.8% in 24h share, while Jup Studio rose to 8.38% boosted by Uranus.
5️⃣ Altcoin “MicroStrategy Plays” Emerging 🚀
➡️ $BNB: CEA Industries (VAPE) & 10X Capital, backed by YZi Labs, announce $500M private placement to build the largest publicly listed BNB treasury company.
➡️ $SUI: Mill City Ventures III, Ltd. announces $450M private placement to launch its SUI treasury strategy.
➡️ $ENA: StablecoinX to spend $260M launching ENA treasury strategy, with plans to list under ticker “USDE” on Nasdaq.
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