🎢Weekly Recap: Market Volatility Continues

Happy weekend Defiers!

It was a rollercoaster week for crypto markets. It started out promising, with a rally driven by renewed rate cut hopes, only to fizzle out by Friday.

EigenLayer’s highly anticipated airdrop can now be claimed and staked by eligible wallets, but the token cannot be traded yet.

The Solana ecosystem is buzzing as the Crossroads conference gets underway, with major announcements from Jupiter and MarginFi. CEO Anatoly Yakovenko said the network faces an opportunity to emerge as the leading monolithic chain in web3.

On the DeFi front, Ethena is integrating with Bybit to add its USDe as a collateral asset, the Blast ecosystem is booming after introducing Jackpots, and Cardano plans to include CIP-69 in its next hard fork to streamline app development on the network.

And don’t miss our feature on some of the most bizarre moments in crypto, showcasing some memorable rug pulls and memecoin monuments.

Enjoy!

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