GM20260317

1）Market Trends

btc is rising, altcoins are generally up. MicroStrategy continues to buy $1.5 billion worth of btc.

U.S. stocks rebound, with AI storage leading the rally. The easing of concerns over transportation disruptions in the Strait of Hormuz, along with expectations that multiple countries may release more oil reserves, alleviates inflation worries.

2）Market Highlights：

1. Public chain eth surges, weekly rebound. The spot/contract trading volume ratio of eth on Binance has dropped to the lowest level since 2023. The meme associated with eth, pepe, follows suit.

2. The hype around perp is rising, doubling from the bottom. Hyperliquid's 24-hour revenue surpassed $1 million, reaching $1.27 million, ranking third in cryptocurrency project revenue (Tether ranks first with $16.41 million, and Circle ranks second with $6.87 million).

3. Privacy coin zec surges, with Vitalik believing AI enhances the demand for privacy protection. Shorting rate for zec is -100%.

4. cfg listed on bn, Centrifuge is an rwa protocol, originally a Polkadot ecosystem project from 2021.

5. bn launches a super earning coin activity, with staking for new coins offering a maximum annualized return of 20%, although there is a hard cap on the amount.