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Key Market Intelligence for February 9th: How Much Did You Miss?

Featured News

1、Kyle’s criticism of Hyperliquid sparks widespread mockery, crypto professionals collectively voice support for Hyperliquid

2、Solana ecosystem Meme coin PIPPIN continues to rise by 54%, market cap temporarily reported at $290 million

3、Some tokens in the Base ecosystem begin to rise, BNKR and CLAWNCH lead the gains

4、Cold market conditions coupled with overvaluation lead to MetaDAO’s first ICO failure

5、Binance Wallet to distribute Alpha airdrop at 21:00 today, threshold at 241 points

Featured Articles

1. 《Kyle’s comments on Hyperliquid spark controversy, Lone Mountain Bank officially opens, what’s being discussed overseas in crypto today?

In the past 24 hours, the crypto market has shown complex developments across multiple dimensions. Mainstream topics have focused on disputes over industry direction and the re-emergence of trust crises: disagreements over whether crypto should return to pure financial applications continue to ferment, the direct conflict between Hyperliquid and the VC camp, and questions surrounding centralized exchange market-making mechanisms have collectively amplified structural distrust. In terms of ecosystem development, the Solana ecosystem continues to accelerate in AI agents and institutional integration, Ethereum is unfolding a new narrative around algorithmic stablecoins and real-time chains, while the Perp DEX sector is heating up with competition driven by AI trading and token launch expectations.

2. 《The New York Times: USD1 has become the crypto engine for the Trump family

Against the backdrop of Trump’s return to the center of power and the shift in U.S. crypto policy, the stablecoin project involving his family is rapidly expanding. The technical support and incentives provided by Binance have given World Liberty Financial key growth momentum in a short period. When exchange commercial incentives, stablecoin profit models, and top-level policy-making power intertwine, how will this structure affect the rules and boundaries of the crypto market?

On-Chain Data

On-chain capital flow situation for the week of February 9