Is Ethena the “Luna of this cycle” — but with or without the crash?

Let’s dive:

USDe has hit $5B in supply, becoming the fastest-growing USD asset in crypto.

It’s now #3 in stablecoin revenue and #4 by market cap, just inches away from overtaking DAI.

Since launch, it’s handled $3.3B in redemptions, stayed within 0.5% of its $1 peg, and survived multiple BTC crashes and even the biggest crypto hack.

So what’s powering this rocket?

Ethena offers up to 29% APY — higher than Luna’s UST ever did. But here’s the difference:
The yield is sustainable and based on structural advantages:

1. Funding rate arbitrage: Ethena hedges spot positions using futures where funding rates are usually positive. In fact, 93% of days last year had positive rates.

2. Smaller reward pool: Not everyone stakes their USDe, so those who do get higher rewards.

3. Smart capital management: Ethena shifts between different yield sources like arbitrage, stablecoin strategies, and even treasury yields — depending on market conditions.

4. Efficient setup: Their custodian setup allows cross-margining, making capital usage more efficient.

Also we should not ignore the fact that Ethena launched USDtb, backed by BlackRock’s BUIDL product, adding more credibility.

And yes — Ethena passed a proposal to share revenue with sENA holders

So what you think, ENA is luna of this cycle with or without crash ??

BIG: Uniswap has become the first DEX to surpass $3 trillion in cumulative trading volume

hey everyone, shared about this RWA coin. 👇

https://x.com/axel_bitblaze69/status/1922280263037378620?s

The Internet Capital Markets (ICM) meta — where app ideas are turned into tradable tokens is gaining serious traction.

The entire category is currently valued at $290M, with $240M of that concentrated in just 3 tokens.

1-  Believe app is leading the Internet Capital Markets trend.
It lets anyone launch a token by simply tagging @ launchcoin on X with a name. So far, over 3,192 tokens have been created this way.

$LAUNCHCOIN — the app’s native token has surged 10x in 2 days, reaching a $156M market cap.

Other 2 tokens are Dupe ($DUPE) and CreatorBuddy ($BUDDY), both of which have also crossed into double-digit market caps.

You can track all ICM tokens here: https://www.believescreener.com/

We’re still very early — do some solid DYOR and you could easily catch multiple x launches.

Feels like another million-token wave incoming... maybe even wilder than Pumpdotfun

Next wave of million coins is here — once again on Solana, but this time it's not just memecoins, it's memecoins wrapped in the ICM narrative!

What’s ICM? (Internet Capital Markets)

Let's understand Capital Markets first - (CM) 101: Think stock markets or bond markets—places where investors with cash connect with businesses needing money to grow. One side’s got the funds, the other’s got the vision. Simple. 

ICM = CM on the Internet: Now picture that, but online, no banks, no brokers, just YOU and internet. Anyone can buy, sell, or invest—no rich-kid VIP pass required. It’s open 24/7, and all on the blockchain. 

Why Solana?
ICM needs a blockchain that’s fast and won’t break your wallet.
Enter Solana, already tested with memecoins load— center stage again. It’s the engine making this whole thing run smooth and affordable. No lag, no insane fees, just pure action.

The Star of the Show: Believe App

Here’s where it gets wild. Got an idea? Submit it to the Believe App, and now it’s a token. People vibe with your idea? They buy your coin. You cash in on the market fees and start building. No begging VCs,just belief turned into money. 

It’s like crowdfunding, but turbocharged. Launch an app, a meme, a revolution—whatever. If people believe, you’re funded.

it's super early in the game, and you know what that means—Tons of bad actors are gonna flood in. Like, mostly bad actors, let's keep it real. I believe It’s going to be super volatile, and scammy in coming days. But these are the trenches, This is where the real grind goes down, where we gotta hustle hard and find that Alpha.

Massive: Ethereum Foundation launches the ‘Trillion Dollar Security’ initiative to upgrade ecosystem security and help bring the world onchain.

The goal?

Billions of individuals feel safe storing $1,000+ onchain — collectively securing trillions of dollars on Ethereum.

Companies, institutions, and governments trust Ethereum enough to store $1 trillion+ in a single contract or application.

🚀 The Solana launchpad wars are heating up. After a year of PumpDotFun Dominance, a seismic shift hit.

New players - Believe & Bonkfun stole the spotlight, outpacing PumpDotFun’s token trading volumes for the first time EVER

April CPI is out… shared everything you need to know in the tweet below 👇

https://x.com/axel_bitblaze69/status/1923019645910647152

Ondo Chain has enabled the first-ever cross-chain Delivery versus Payment (DvP) transaction in collaboration with Kinexys by J.P. Morgan and Chainlink.

Here’s how it went down:

- Asset leg: Ondo’s OUSG
- Payment leg: Kinexys Digital Payments
-All powered by the Chainlink Runtime Environment

RWAs without Chainlink is Practically impossible 👊

Everyone’s yapping about RWA infra and tokenization.

but basic stuff like lending is still broken across chains. That’s why I looked into @0xSoulProtocol $SO

A cross-chain lending layer, clean token model and a fair public sale.. here’s my unfiltered breakdown

A thread: 🧵👇

https://x.com/axel_bitblaze69/status/1923077507017785631

Good Morning ☀️

A lot’s happening in the markets rn

shared below in the tweet what’s going on and what I think it all means for the market ahead:

( LIKE & RT ) ♥️

https://x.com/axel_bitblaze69/status/1923222461564264894?

🍀Grass is one of those projects that are actually generating revenue and have a real-world use case

If you’re not familiar with Grass, here’s a quick explanation—

Grass lets you earn $GRASS tokens by sharing your unused internet bandwidth to help train AI models.

Suppose you have a 1Gbps connection but only use 100 Mbps, Grass can use the remaining 900 Mbps via their app or extension to collect public web data(not your personal info) to help train AI models—without affecting your internet speed

Grass' current business relies solely on data sales which accounts for estimated 70-80M annual revenue.

Over the next few weeks it is expected that $GRASS will release its Multimodal Search product. This will significantly improve the protocol's revenues, it will use API for monetisation, expected $10M revenue growth.📈

This would put $GRASS at a very attractive revenue estimated at over $100M by Q4 2025

Data from: Daveemor

LIDO has overtaken AAVE to become the #1 protocol by TVL

More $ETH is being staked after the Pectra upgrade showing rising confidence in ethereum

Even more impressive?

All Top 5 protocols by TVL are built on Ethereum: 🔥
$LIDO | $EIGEN | $AAVE | $ETHERFI | $BETH

3 more Web3 games shut down today…

Solana’s gaming darling Nyan Heroes is officially shuts down. The NYAN token is down -99% from ATH. Raised $13M—gone. Liquidity out, trust vaporized.

Battle Royale — Raised: $5M
Rumble Kongz — Raised: $4.9M

…all ded.

Most of CT is calling the fall of the crypto gaming meta—but to me, this is simply a phase of natural selection. Only the strongest, most innovative projects will make it — Survival of the fittest.

What I’ve learned so far:
Any Web3 gaming project that launches tokens or sells NFTs before releasing the actual game is a red flag.
They’re not here to build—they’re here to take your money.
They're not making AAA games. They’re making AAA scams.

I genuinely hope the second wave of Web3 gaming is different.
That builders raise funds, focus on delivering a playable game first—
and only then bring in NFTs and tokens to power real in-game economies.

People grinding on-chain day and night, while SocialFi farmers just shitpost on Twitter and bag airdrops. Sad but true

Already farming Kaito? Then start farming these 3 Kaito-style SocialFi plays.
Just register, connect your socials, and keep doing what you already do — tweet

GiveRep

Dashboard Live
Goto
→ giverep.com
→ Connect wallet
& start farming rep.

Amigo

Backed by Abstract Chain.
Goto
→ amigo.cool
→ Join waitlist
→connect X

CrypTalk

Dashboard coming soon..
→ Follow X and wait for launch ( expecting soon)

Another week in crypto.. time for a roundup that actually matters.

Been digging through the noise so you don't have to.. 👇

LIKE RT ♥️

https://x.com/axel_bitblaze69/status/1924171205776687217

A crypto user recently lost everything after falling for a sophisticated SCAM:

A scammer mailed him a fake Ledger hardware wallet, claiming it was a "replacement" after the 2020 Ledger data breach.

The packaging looked 100% legit — complete with the victim’s leaked personal info.

Inside, instructions led him to enter his 24-word recovery phrase into a malicious app.

Within minutes, his entire wallet was emptied.

After analyzing the market all weekend here’s everything i have found out to share with y’all..

shared in the tweet below what i think is actually worth watching:👇

( LIKE & RT )

https://x.com/axel_bitblaze69/status/1924430574401601545?s

The audacity so loud even the shame is missing.