ETH's current market value proportion has risen to 7.40%

BlockBeats News: On April 13th, according to official sources, Lista DAO's lending product, Lista Lending, launched the USD1 Vault, which is the first application of Trump's WLFI stablecoin USD1 on BNB Chain. USD1 Vault offers a USD1 limit worth $20 million, and users can mortgage BTCB to lend USD1 at an interest rate as low as 0.93%. wBNB and slisBNB collateral are about to be launched.

OKX-ETH/USDT is currently trading at $1601.20, with a 24-hour increase of 2.56%. Please be aware of market fluctuations.

The perpetual trading volume of Binance CAKE/USDT surged tenfold within 10 minutes, with a turnover of 41.83 million US dollars in the past 24 hours, an increase of 0.50%. A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements.

Currently, ETH is testing support around 1600 in a 90 minute cycle, and the distribution of member exclusive chips shows that the chips in this area are sparse, making it easy to form a breakthrough or rapid rebound. Combining the MACD dead cross and KDJ indicator divergence, the short-term downward signal is strong, but the support level below is only 3.30% away, which may trigger a bullish counterattack. Although the price is above the EMA24/52 moving average, the trading volume has shrunk to 46.62% of the average level, indicating a strong wait-and-see sentiment in the market. Chip distribution helps you lock in inventory changes in advance and seize opportunities to initiate market trends. Open a membership, master exclusive chip distribution, and accurately position support and resistance! The data is sourced from the PRO member's [ETH/USDT Binance USDT perpetual 90 minute] candlestick, for reference only, and does not constitute any investment advice.

In response to the statement that "Ethereum's self-renewal requires generational/talent replacement. And the next generation needs to be rooted in Ethereum values (such as cypherpunk)," Vitalik Buterin replied at Warpass, saying, "I actually believe that the growth of the application layer is the period when good social philosophy is most needed. For example, suppose C++was developed by a totalitarian racist fascist. Could it be a worse language? Maybe not. C++is universal, and there is not much room for bad social philosophy to destroy it (or for good social philosophy to improve it). Ethereum Layer-1 is not entirely like this: those who do not believe in decentralization will not add lightweight clients, FOCIL, or (well formed) account abstractions; People who don't mind energy waste won't spend five years migrating to PoS... but regardless, the opcode for EVM may be roughly the same. Therefore, Ethereum may be 50% universal. About 80% of applications are dedicated. The type of application you build largely depends on your ideas about what Ethereum applications (and Ethereum as a whole) will do for the world. Therefore, having good ideas on this topic becomes crucial In addition, Vitalik listed some good applications such as Railgun Farcaster、Polymarket、Signal， Bad examples include Pump.fun Terra/Luna、FTX。 It believes that the differences in application functionality stem from developers holding different beliefs about the goals they want to achieve.