BTC breaks through the $87000 mark

BlockBeats News: On March 28th, according to @ ai_9684xtpa monitoring, the giant whale 0x17E E4EA5 sold 6505 ETH at an average price of $1913.8 in the past 3 hours, with a value of up to $12.76 million.

Foresight News reported that according to Onchain Lens monitoring, a certain whale sold 4903 ETH within 8 hours to exchange for 9.74 million DAI, which was then transferred to another wallet. The funding comes from THORChain and Chainclip.

BlockBeats News: On March 28th, according to DefiLlama data, the Berachain ecosystem DeFi protocol TVL reached $3.351 billion, with a growth rate of 15.76% in the past week. The top three protocols are: liquidity pledge protocol Infrared Finance, DEX protocol Kodiak, and DEX protocol BEX.

According to BlockBeats, on March 28th, the earnings trading protocol Pendle reached a new high in daily trading volume on March 27th, exceeding $500 million. Pendle Alliance @ tn_pendle stated that even if Pendle becomes the leading DeFi protocol in the industry, there is still huge growth potential in the DeFi market compared to traditional finance. Pendle plans to break through existing limitations by 2025 through the "Citadels" program, dedicated to connecting traditional financial market resources and providing the highest quality fixed income sources for various types of institutional users. As of press time, Pendle TVL has reached $3.433 billion.

Odaily Planet Daily News: Crypto analyst @ MilesDutscher stated in an article that there are currently 37 million cryptocurrency tokens on the market, of which 99.9% are "air projects". He believes that there may be less than 100 projects with real long-term investment value, which usually have the following characteristics: 1: Led by an experienced team 2: The project team has a long-term positive outlook on the token and is a net buyer 3: Having a clear business model and a roadmap to achieve sustainable profitability 4: Implemented or has a clear path to achieve product market fit (PMF) 5: Continuously iterate products unaffected by market conditions 6: Having technology or a network moat 7: Adapting to AI RWA、 Macro trends such as stablecoins He pointed out that the key task for investors is to identify these high-quality agreements among numerous projects and make long-term bets.