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TRON Industry Weekly Report Summary
BlackRock has registered the iShares Ethereum Staking ETF in Delaware.
Cardano experienced a brief chain split due to an old code vulnerability, with the FBI launching an investigation; BTC is showing short-term bottom signals; Port3 suffered a hacker attack causing its token price to plummet; Aave launched a retail savings app to challenge traditional banks. Summary generated by Mars AI. This summary is produced by the Mars AI model, and the accuracy and completeness of its content are still being iteratively updated.
After last week's global market panic and subsequent recovery, bitcoin rebounded to $86,861. This week, the market will focus on new AI policies, the standoff between bears and bulls, PCE data, and geopolitical events, with intensified competition. Summary generated by Mars AI. The accuracy and completeness of this summary, produced by the Mars AI model, are still being iteratively improved.
Strategy is facing multiple pressures, including a significant narrowing of mNAV premiums, reduced coin hoarding, executive stock sell-offs, and the risk of being removed from indexes. Market confidence is being severely tested.
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Most TGE failures are not due to poor products or inexperienced teams, but because their foundations were never prepared to face public scrutiny, competition, and shifts in narrative.
- 08:41Justin Sun announces that SunPerp has officially upgraded to SunX: creating a smarter, more open, and more liquid DEXChainCatcher news, on November 20, the SunPerp brand upgrade launch event was officially held via a certain exchange's livestream. SunPerp and the global advisor of the exchange, Justin Sun, attended the event and announced that SunPerp has officially upgraded to the new brand SunX. He stated that this upgrade is not just a change of name, but an ecological leap, marking that SunX will move from being a trading platform to becoming a truly self-circulating, self-growing decentralized ecological hub. Justin Sun believes that DEX has become the dominant force in the crypto industry, and SunPerp must transition from a "platform" to an "ecosystem," which is the core significance of the SunX upgrade. The letter "X" symbolizes eXtension, eXperience, and the future form of eXchange, representing the team's new vision for the future of decentralized finance. It also means that SunX will become a smarter, more open, and more liquid DEX. He further emphasized that the upgrade of SunX is not being promoted in isolation, but is strategically driven by the "Decentralized Trading Golden Triangle" formed by the exchange, TRON, and SUN: TRON provides a high-performance underlying network, the exchange connects global users and traffic entry points, and SUN becomes the core engine of ecological innovation and liquidity. The joint efforts of the three parties will drive the continuous expansion of the entire decentralized trading ecosystem.
- 08:41Data: Sun Yuchen transferred 150 millions USD worth of BTC to his personal wallet a few minutes agoAccording to Bubblemaps monitoring, ChainCatcher reports that a few minutes ago Justin Sun transferred bitcoin worth 150 millions USD from a BitGo custody account to his personal wallet.
- 08:37Original staking service provider Kiln launches Railnet, a yield infrastructure for institutionsOn November 24, it was reported that the former staking service provider Kiln announced the launch of Railnet, a yield infrastructure aimed at institutions. According to the announcement, Railnet is an open yield layer that standardizes the way capital flows between different yield sources. It does not participate in deposit competition, but instead connects asset management companies, protocols, and platforms through a unified channel. The protocol is currently collaborating with Ethena, Sentora, Chainlink, and others. In September, staking service provider Kiln issued an announcement stating that after SwissBorg suffered a hacker attack resulting in a loss of approximately $41 million worth of SOL, all Ethereum validator nodes will begin an orderly exit on September 10, 2025, which is expected to take 10 to 42 days to complete, with withdrawals requiring an additional 9 days. This is a precautionary measure to ensure asset security.