ChainCatcher news, recently, the Builder Base Camp co-hosted by the Pharos Joint Developer Platform HackQuest has officially launched. This competition covers four major tracks: RWA + Payment, DeFi, Tooling & Infra, and Innovative, with a generous prize pool of up to $300,000. Participants not only have the chance to win substantial prizes and valuable practical experience but also receive guidance from experts in the Pharos ecosystem, gaining in-depth knowledge of the Pharos SPN (Special Processing Network) and its efficient execution framework.The Builder Base Camp aims to provide developers with comprehensive technical knowledge, guidance, and support, helping participants successfully build projects on the Pharos platform. The event is divided into several key stages, from beginner to technical depth, culminating in a Demo Day showcase, ensuring that participants can effectively build applications and expand innovations throughout the process. Base Camp mentors include HackVC partner Hsin-Ju, Sign Protocol co-founder Potter, Yala CTO Vicky, NEBRA LABs founder Shumo, and more.The online submission period for the event is from March 10, 2025, to April 30, 2025. In addition to the online competition, Pharos will also host a series of offline developer meetups in Kolkata, Delhi, Shenzhen, Hangzhou, and Ho Chi Minh City, aimed at providing participants with comprehensive ecosystem deployment support.

ChainCatcher news, Trust Wallet has fully integrated the Sonic (S) public chain, allowing users to conveniently manage their assets on the Sonic chain within the wallet, including sending, receiving, and storing the native S token and tokens issued based on Sonic. This integration not only optimizes the user experience of Trust Wallet but also enhances the interoperability of the Sonic ecosystem, expanding its application scenarios in the DeFi field.Sonic is a next-generation Layer-1 blockchain created by DeFi pioneer Andre Cronje and his team, inheriting the technical advantages of the Fantom ecosystem, featuring high throughput, low transaction costs, EVM compatibility, and supporting final confirmations in less than a second, with a TPS of up to 10,000, specifically designed for DeFi, blockchain games, and innovative financial applications.Trust Wallet, as a non-custodial wallet, supports 140 public chains and has achieved 200 million downloads. This integration not only accelerates the expansion of the Sonic ecosystem but also solidifies Trust Wallet's position in the crypto market. Through this collaboration, Trust Wallet users will be able to seamlessly experience DeFi protocols and new digital assets within the Sonic ecosystem, further broadening the application boundaries of decentralized finance.

ChainCatcher news, on social media, on-chain analyst ZachXBT stated that one of the important indicators for measuring the legitimacy of a public chain is whether it has native stablecoin support from major issuers such as Circle, Tether, or Paxos.Currently, neither Cardano (ADA) nor XRP Ledger (XRP) has received support from these stablecoin issuers, and there are no native mainstream stablecoins such as USDT, USDC, or PAX on-chain.

ChainCatcher news, according to Caixin reports, the Huaxia Hong Kong Dollar Digital Currency Fund has chosen to issue on the Ethereum public chain, with an initial scale of approximately 107 million USD. According to reports, this fund is the first tokenized money market fund aimed at retail investors in the Asia-Pacific region.Currently, the fund is only open for primary market subscriptions and redemptions, and secondary market trading has not yet been realized. In the future, it will strictly adhere to the guidelines of the Hong Kong Securities and Futures Commission and will work with licensed virtual asset exchanges in Hong Kong to jointly explore the development of secondary market products.Huaxia stated that tokenization could provide more income-generating tools for the on-chain ecosystem, and in the future, it hopes to attract stablecoin holders to invest, and will explore the tokenization of money market funds in different currencies, including the Renminbi money market fund.The underlying assets of the fund are the same as those of traditional money market funds, with no less than 70% of the net asset value invested in financial instruments such as short-term deposits and bonds denominated and settled in Hong Kong dollars.

ChainCatcher message, Telegram trading bot Banana Gun announced today that its trading volume on Sonic has for the first time exceeded its trading volume on public chains such as Solana, Base, BNB, and ETH.

ChainCatcher news, according to a report released by DappRadar, shows that the number of daily active wallets (UAW) for blockchain games reached 7 million in January 2025, a year-on-year increase of 386%. OpBNB became the most active gaming public chain for the month, with Matchain in second place, and Polygon's gaming activity grew by 100% month-on-month.The report pointed out that although investment in blockchain games in 2024 decreased by 38% year-on-year to $1.8 billion, the industry is entering a mature stage, with continuous development in areas such as Layer-2, token economics, and AAA game collaborations.

ChainCatcher news, according to a post by CryptoQuant founder and CEO Ki Young Ju, first-layer public chains focused on specific use cases are likely to perform better than vague general-purpose first-layer public chains. He mentioned that a first-layer public chain focused on intellectual property (IP) has launched its mainnet today, aiming to make intellectual property programmable. Ki Young Ju stated that on-chain analysis will be conducted after data accumulation.