issuance

Solana network transaction fees hit a six-month low, with activity down 85% compared to the TRUMP issuance period

ChainCatcher news, according to The Block, the total transaction fees generated by the Solana network last week were only 53,800 SOL, marking the lowest weekly figure since September 2024.Data shows that the total transaction fees last week decreased by 10% compared to the previous week, an improvement over the past six weeks' average weekly decline rate of 25%. Notably, Solana's weekly transaction fees have dropped by 85% from the historical peak of 361,000 SOL in the fourth week of January (during the $TRUMP and $MELANIA meme coin launches).Since the issuance of $TRUMP, Jito validator tips have also significantly decreased, averaging only $11,300 per day last week, compared to $62,000 per day during the week of $TRUMP's issuance. Similarly, the 7-day moving average of active addresses on the Solana network also fell by 35% during this period. The decline in these fundamental indicators has affected the price of the SOL token, which has dropped by about 50% since January 20.As a major revenue and token generation platform for Solana, Pump.fun has also experienced a similar decline. Last week, an average of only 0.89% of tokens created on Pump.fun "graduated" to Raydium daily, compared to 1.6% in the third week of January. Considering the hundreds of thousands of tokens created daily on Pump.fun, this 0.71% drop is relatively significant.

Community exposure: Ronaldinho sold his X account to a Shenzhen "token issuance" team for 5 million dollars

ChainCatcher news, according to X user @R10coin_, "Ronaldinho is collaborating with a team in China (Shenzhen) to issue tokens and defraud investors.In May 2024, @R10coin_ officially began discussions with Ronaldinho regarding the issuance of cryptocurrency. After more than six months of detailed negotiations, in January 2025, @R10coin_ formally signed a cooperation agreement with Mr. Ronaldinho. The total contract amount is 6 million USD, of which 3 million USD has been paid as a deposit after the contract was signed.Without communicating with @R10coin_ and without their consent, Ronaldinho signed another cooperation agreement worth 10 million USD with another company and received a 5 million USD deposit, subsequently starting to promote and warm up for that company's tokens.Investigations revealed that the company is located in Shenzhen, China, and its actions are extremely malicious. The company frequently releases worthless "meme" coins for false advertising, launching more than ten fraudulent virtual currency projects each month. They use exaggerated marketing tactics to quickly attract investor funds, employing a "quick harvest" model to rapidly pump and dump, harvesting investor funds within just one hour before fleeing with the money.Ronaldinho sold his X account for 5 million USD to a company in Shenzhen, China, to promote a cryptocurrency.As a victim, @R10coin_ hereby solemnly reminds all investors not to participate in any projects of this company.@R10coin_ publicly condemns the fraudulent actions of Ronaldinho and his partners and will disclose the contract signed with Ronaldinho as well as some promotional materials to prove his breach of contract and the original intention of @R10coin_'s cooperation."Note: Currently, Ronaldinho's X account has not responded to the above information.

Zhao Changpeng mentioned the new token issuance mechanism concept: an initial unlock of 10%, and subsequent unlocks require meeting certain price conditions

ChainCatcher news, CZ posted on platform X about a crazy idea for a token issuance: What if someone issues a token with the following tokenomics?Initially, 10% of the tokens are unlocked and sold on the market, with the proceeds used for the project team's development of products/platforms, marketing, compensation, etc. Each future unlock must meet all of the following conditions:Six months after the last unlock.Only if the token price has maintained above twice the previous unlock price for more than 30 days prior to the unlock.A maximum of 5% of the tokens can be unlocked each time.For example, if the TGE price is $1 in January, by June, if the token price is still below $2, no more tokens can be unlocked. Assuming the token price is above $2 between July 4 and August 3, then on August 3, 5% of the tokens can be unlocked for circulation. Assuming the price on August 3 is $3. The next earliest unlock date is March 3 of the following year, and it can only be unlocked if the price has been above $6 for more than 30 days.The project team has the right to decide to postpone or reduce the scale of each unlock. If they do not want to sell more, they do not have to. But each time they can sell (unlock) a maximum of 5%, and then they must wait at least 6 months, and the price must double again. The project team does not have the right to shorten or increase the scale of the next unlock. The tokens will be locked through a smart contract controlled by a third party's keys. This can prevent new tokens from flooding the market during price downturns while also incentivizing the project team to build long-term.However, CZ emphasized that he has no plans to issue new tokens, just a discussion idea.

Matrixport: The shift in U.S. Treasury issuance strategy may affect Bitcoin's trend, focusing on multiple macro factors

ChainCatcher news, Matrixport's latest weekly report "How Liquidity and Macroeconomic Indicators Affect Bitcoin" shows that several macroeconomic and liquidity factors are influencing the price trend of Bitcoin. The report focuses on four key factors:First, the shift in U.S. debt issuance strategy. During Yellen's tenure, the U.S. Treasury preferred to issue short-term Treasury bills (T-bills) and issued fewer long-term bonds, which suppressed the rise in Treasury yields, reduced the attractiveness of fixed-income assets, and drove funds toward Bitcoin and stocks. However, the new Treasury Secretary Scot Bessent may increase the issuance of long-term Treasury bonds, which could push yields higher, tighten liquidity, and weaken demand for risk assets.Second, the trend of the U.S. Dollar Index (DXY). As an indicator of the strength of the dollar against a basket of foreign currencies, a stronger DXY often indicates tightening global liquidity, reducing the attractiveness of risk assets like Bitcoin.Third, the impact of inflation data. CPI and PCE are core indicators that the Federal Reserve focuses on, and a cooling of inflation may prompt the Fed to adopt a more hawkish stance, affecting market liquidity and risk appetite.Fourth, changes in global money supply (M2). The cessation of M2 contraction at the end of 2023 helped Bitcoin break through $40,000. The report suggests that a moderate growth of M2 and controlled inflation are most favorable for Bitcoin's performance, but if M2 grows too quickly, it may trigger rising inflation, forcing the Fed to tighten its policy.
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