Ethereum Layer 2 protocol Loopring announced an immediate halt to all DEX trading services, taking its relayers offline. The team cited lack of meaningful adoption, lack of a virtual machine in its early zkRollup design, and the delisting of LRC tokens from major exchanges in 2026 as key factors. Modern zkEVM solutions have rendered its architecture obsolete. The shutdown process includes publishing final balance lists, upgrading contracts to whitelist-only transfers, a two-week review period, and batch distribution of assets to L1 wallets for accounts with balances exceeding $10. Users need to take no action and pay no gas fees.

Multicoin Capital's latest report forecasts Hyperliquid's token HYPE reaching a base-case valuation of $319 by 2028, implying roughly 4x upside from current levels. The report attributes this potential to Hyperliquid's revenue model resembling centralized exchanges: high market share in trading, 99% of protocol revenue used for buyback and burn, the HIP-3 market deployment mechanism, USDC reserve yield, and wallet integration. However, the valuation is highly dependent on the actual realization of protocol revenue, posing significant uncertainty.

Jan3 CEO Samson Mow asserts that Bitcoin's halving cycle has accelerated and the bottom is already in, citing the pre-halving ATH as evidence. However, 10x Research's Markus Thielen sees a bottom near $55,000 between August-October, BitMEX co-founder Arthur Hayes predicts a drop to $40,000 within six months, and analyst James Van Straten notes BTC is testing the 200-week MA, with $50,000–$54,000 as a key battle zone. Van Straten adds that every major bear market since 2011 saw Bitcoin break below the realized price before finding a cycle bottom, a signal not yet observed.

Samson Mow, CEO of Jan3, declared on June 28 that Bitcoin has reached its cycle bottom, citing the unusual pre-halving all-time high achieved 37 days before the April 2024 halving as evidence that the traditional four-year cycle has accelerated. However, market consensus remains elusive. Markus Thielen of 10x Research projects a bottom near $55,000 between August and October, while BitMEX co-founder Arthur Hayes is more bearish, forecasting a drop to around $40,000 within six months. Senior analyst James Van Straten notes that Bitcoin is currently testing the 200-week moving average, with on-chain data suggesting the $50,000–$54,000 zone as a battleground. He highlights that every major bear market since 2011 has ended only after the price fell below the realized price, a signal that has yet to appear this cycle. The divergence among prominent voices underscores the uncertainty in the market, urging investors to weigh multiple frameworks.

Jan3 CEO Samson Mow asserts Bitcoin's bottom is in, citing an unusual pre-halving all-time high 37 days ahead of the April 2024 halving as evidence that the four-year cycle has accelerated. However, the market lacks consensus: 10x Research's Markus Thielen sees a bottom near $55,000 between August and October; BitMEX co-founder Arthur Hayes is more bearish, forecasting a drop to around $40,000 within six months; veteran analyst James Van Straten notes that Bitcoin is testing the 200-week moving average and that on-chain data points to a critical battle zone between $50,000 and $54,000. He also highlights that every major bear market since 2011 has ended only after price fell below the realized price, a signal that has yet to appear in the current cycle.

Multicoin Capital's latest report predicts a base-case valuation of $319 for Hyperliquid's native token HYPE by 2028, implying roughly 4x upside. Key supports include high trading share, 99% fee buyback and burn, HIP-3 market deployment, USDC reserve yield, and wallet onboarding expansion. However, the valuation heavily relies on revenue realization, carrying notable risk.

BSC生态Meme币「币安人生」日内经历剧烈波动，短线闪跌超40%后V型反弹，自低点回涨50%，市值回升至7.2亿美元。同一时段，Solana生态Meme币ANSEM大幅上涨，市场猜测存在大资金从BSC跨生态换仓至Solana。提醒投资者注意Meme币的高波动风险。

On June 28, the BSC-based Chinese Meme coin 'Binance Life' experienced a sharp flash crash of over 40% before staging a V-shaped recovery, bouncing 50% from its intraday low. Its market cap now stands at $720 million. Concurrently, the Solana-based Meme coin ANSEM surged, hinting at a possible cross-chain capital rotation by a whale. The article reviews on-chain data and cautions about the high risks of Meme coin trading.