🚦Inscriptions Show No Signs Of Slowing Down
DeFi Alpha
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Inscriptions continue to capture the imagination of traders and degens from across the web3 community, with inscription tokens driving more than half of activity on Avalanche, Arbitrum, and ZkSync Era over the past week.
However, not every inscriptions endeavor is finding success, with INJS, an Injective-based inscription marketplace, calling minting to a halt to mints minutes after going live.
In other news, Elizabeth Warren is taking aim at crypto advocates, SEI is surging as investors bet on parallelized execution, Frame announced an airdrop for NFT traders, and EthereumPoW's core team plans to dissolve.
Plus, real-world assets and tokenized U.S. treasuries remain hot, with Ondo bringing treasury-backed tokens to Solana and Frax voting to invest $20M via Centrifuge Prime.
✍️ In today’s newsletter:
- Inscriptions spread across EVM chains
- INJS halts inscription mints
- Senator Warren slams crypto advocates
- SEI surges 60% in two days
- Frame's airdrop for NFT traders
- EthereumPoW core team to disband
- Ondo brings U.S. treasuries to Solana
- Frax allocates $20M to Centrifuge Prime
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