# Сопутствующие статьи по теме Ecosystem

Новостной центр HTX предлагает последние статьи и углубленный анализ по "Ecosystem", охватывающие рыночные тренды, новости проектов, развитие технологий и политику регулирования в криптоиндустрии.

From ETH to SOL: Why Will L1s Ultimately Lose to Bitcoin?

The article "From ETH to SOL: Why L1s Will Ultimately Lose to Bitcoin?" argues that Bitcoin (BTC) is increasingly dominating the "cryptomoney" narrative, leaving little room for other Layer-1 (L1) blockchains to compete for monetary premium. The core of the argument is that approximately 81% of the total crypto market cap is invested in assets viewed as money or potential money, with BTC alone accounting for 55%. While L1s like ETH, XRP, BNB, and SOL represent a significant portion of the remaining value, their valuations are not primarily driven by revenue or real economic activity. Data shows that L1 revenues have been declining annually, yet their price-to-earnings ratios have soared, suggesting their market caps are almost entirely propped up by speculation on future monetary premium, not fundamentals. The performance of L1s against BTC further supports this. Since December 2022, eight of the top ten L1s have underperformed BTC, with six lagging by over 40%. Solana (SOL) was a notable exception, outperforming BTC by 87%. However, this gain is put into perspective by its ecosystem's explosive growth: a ~3,000% increase in DeFi TVL, fees, and DEX volume. This indicates that an L1 must achieve astronomical, orders-of-magnitude growth to merely eke out a modest performance lead over BTC. The conclusion is that the trend of BTC consolidating monetary premium at the expense of L1s is irreversible. The narrative that an L1 could become "money" is losing credibility as investors now have a decade of data showing that L1s consistently underperform BTC unless their ecosystems experience extreme, unsustainable growth. Without genuine economic growth, L1s' monetary premium will continue to erode.

coinvoiceВчера 04:07

From ETH to SOL: Why Will L1s Ultimately Lose to Bitcoin?

coinvoiceВчера 04:07

Solana's Two Leading Lending Protocols Clash, Foundation Steps In to Mediate

Jupiter Lend and Kamino, the two leading lending protocols on Solana, are embroiled in a public dispute over Jupiter’s “risk isolation” claims. The conflict began when Jupiter promoted its lending product as having isolated risk between pools, but critics—led by Kamino—argue Jupiter’s design actually allows cross-contamination through rehypothecation (reusing collateral across pools). Kamino’s co-founder publicly accused Jupiter of misleading users, prompting community backlash. Jupiter later deleted earlier promotional content and acknowledged the description was inaccurate. The debate centers on differing interpretations of “risk isolation,” with Jupiter defending its model as a balance between safety and capital efficiency. Multicoin Capital, a Kamino investor, escalated the situation by accusing Jupiter of incompetence or intentional deception. In response, the Solana Foundation urged both sides to collaborate rather than compete internally, highlighting the larger opportunity in expanding the DeFi lending market overall. The clash reflects growing tension as Jupiter Lend rapidly gains market share in a shrinking TVL environment, turning former allies into rivals in Solana’s competitive lending landscape.

Odaily星球日报Вчера 05:09

Solana's Two Leading Lending Protocols Clash, Foundation Steps In to Mediate

Odaily星球日报Вчера 05:09

Behind Bitcoin's Trillion-Dollar Market Cap: A 41-Person Development Team and a Fragile Funding Ecosystem

Bitcoin, with a peak market cap of $2.5 trillion, is maintained by only 41 core developers, supported by a fragile funding ecosystem of approximately $8.4 million annually. This decentralized development model relies on a small group of sponsors and donors, including organizations like Blockstream, Chaincode Labs, MIT DCI, Spiral, and OKX, among others. Despite Bitcoin’s massive valuation, its core development is highly centralized in Western countries, with 71% of code contributions coming from just 15 developers. Key challenges include over-reliance on a few donors—such as Jack Dorsey—funding instability during market downturns, and a significant lack of representation from Asian developers. The report calls for greater support from profitable crypto businesses to ensure sustainable development and broader geographical participation in maintaining the Bitcoin network.

比推22 ч. назад

Behind Bitcoin's Trillion-Dollar Market Cap: A 41-Person Development Team and a Fragile Funding Ecosystem

比推22 ч. назад

A 'Headhunting Scheme' Disguised as a Beauty Pageant: How Huobi HTX Uses 'Her Power' to Reshape Its Ecosystem's Soft Power?

Summarizing the provided Chinese article about the HTX "First Lady" competition into a concise English abstract. **Abstract:** Beyond the Beauty Pageant: How HTX is Leveraging "Her Power" to Reshape Its Ecosystem In the crypto world, female leaders like Binance's He Yi, Bitget's Gracy Chen, and HTX's own Molly have proven to be pivotal forces. Against this backdrop, HTX's third "First Lady" competition has concluded, revealing itself to be far more than a traditional beauty contest. It functions as a strategic talent pipeline and "headhunting operation" for the exchange. Five winners were directly offered roles within the HTX ecosystem, moving from contestants to core builders. Their recent "debut" showcased their focus on solving real Web3 challenges: improving UX, community culture, and bridging cultural gaps. Their newly defined roles are highly practical: * **PP (Champion):** Ambassador for SunX, acting as a dedicated point of contact to simplify complex concepts for users. * **Olivia (Top 4):** HTX DAO Community Culture Ambassador, fostering engagement and breaking down barriers between the official platform and its users. * **Gun Gun:** Key Account Manager, providing warm, professional service and asset advice. * **Yiyi (Runner-up):** Cultural Ambassador, acting as a bilingual bridge between Chinese and global communities. * **Saki (Creativity Award):** Crypto Culture Ambassador, using creative content to make crypto more accessible. This initiative is validated by the "hardcore" career growth of past winners, who have evolved into essential roles such as official hosts, business development managers, and DAO philanthropy ambassadors, demonstrating a successful long-term strategy of converting visibility into value. Ultimately, HTX is redefining the role of women in Web3—from being seen to being indispensable builders. The program dismantles stereotypes, proving that "her power" is a crucial, resilient soft asset for the ecosystem.

深潮9 ч. назад