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The US Dollar Index DXY fell to a two-week low of 97.8.

[The US Dollar Index DXY falls to a two-week low of 97.8] Market data shows that the US Dollar Index DXY has fallen to a two-week low of 97.8.
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Massive token burn + X Layer upgrade with multiple Favourable Information, OKB doubled in half an hour with a big pump of 112%

On August 13, according to market data, OKB started to pump at 14:15 Beijing time today and continued to accelerate, ultimately reaching a high of 99.27 USD at 14:40 before undergoing a pullback, rising 112% in just 25 minutes. In terms of news, the CEX official announced that it has decided to carry out a strategic upgrade for X Layer, aiming to build it into a leading public chain focused on Decentralized Finance, payment, and RWA scenarios. The network throughput has been increased to 5000 TPS, Gas costs have been reduced to nearly zero, and the security and compatibility with Ethereum Mainnet have been significantly enhanced. OKB continues to serve as the only Gas and native Token for X Layer and will permanently destroy the historical buyback and reserved 65.25 million OKB, fixing the total issuance at 21 million. Update: After the announcement, OKB continued to advance.
OKB169.55%
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The daily transaction volume on the Ethereum network reached approximately 1.875 million transactions, setting a new historical record.

[Ethereum network daily volume reaches approximately 1.875 million transactions, setting a new all-time high] CryptoQuant analyst CryptoOnchain stated that Ethereum's price is approaching its all-time high, and the volume has also reached a new peak, with Ethereum's network activity surging to unprecedented levels, daily transaction volume reaching approximately 1.875 million, setting a new all-time high.
ETH7.27%
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CEX: X Layer has completed the PP upgrade and launched the OKB Gas Token economic model optimization.

On August 13, according to official news, CEX has decided to conduct a strategic upgrade of X Layer, transforming it into a leading public chain focused on Decentralized Finance, payment, and RWA scenarios. X Layer is built on the Polygon CDK and has completed the "PP upgrade" on August 5, 2025, increasing the network throughput to 5000.
OKB169.55%
TOKEN4.78%
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OKB briefly fell below 80 dollars, dropping more than 20% from the high point.

On August 13, according to market data, OKB briefly fell below 80 USD, currently quoted at 84 USD, down over 20% from its high.
OKB169.55%
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In 1 hour, it rose over 110%, OKB pumped to break 90 dollars.

On August 13, according to market data, OKB rose and突破 90 USD, reaching a maximum of 99.27 USD, currently priced at 97.63 USD, with a 112% pump in 1 hour.
OKB169.55%
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Abraxas Capital's short order currently has unrealized losses of 244.78 million USD.

On August 13, according to Onchain Lens monitoring, Abraxas Capital holds short positions in BTC, ETH, SOL, HYPE, and SUI across 2 addresses, currently facing a floating loss of $244.78 million. Most of the floating loss comes from ETH (totaling over $188.7 million).
ETH7.27%
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Bescent: The more tariff revenue there is, the harder it is to overturn Trump's trade policy.

U.S. Treasury Secretary Basent stated that as tariff revenues increase, it is difficult for the Supreme Court to make rulings unfavorable to the Trump administration. He expressed this view regarding the case concerning the legality of Trump's tariffs being heard by the District Court of Washington, D.C.
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TRUMP4.6%
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Brother Ma Ji Huang Li Cheng has closed his ETH and HYPE long orders, with a total profit of 33.83 million USD.

On August 13, according to Onchain Lens monitoring, "Brother Maji" Huang Licheng has closed the long positions of ETH (25x) and HYPE (5x), with a total profit of 33.83 million USD.
ETH7.27%
HYPE0.77%
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Whale "7 Siblings" has currently sold 19,957 ETH and still holds about 280,000 ETH.

According to analyst Yu Jin's monitoring, the entity "7 Siblings" bought the dip on ETH twice during the big dump, selling nearly 20,000 ETH today for over 90.44 million USD, and currently still holds about 280,000 ETH.
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ETH7.27%
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Wang Feng: Bitcoin, Ethereum and other encryption assets will become anchor products for fund and institutional fundraising.

On August 13, Wang Feng, the founder of Blue Port Interactive, stated that cryptocurrency is having a significant impact on the financial industry, including banks, asset management companies, and VCs. This is not about retail investors holding assets like Ethereum, but rather that the financial market has formed a structural consensus. Bitcoin, Ethereum, Solana, and possibly XRP will become anchor assets for many funds and institutions in fundraising. Traditional funds and investment managers (GPs) are now changing their views and actively participating; it is not too late.
BTC0.29%
ETH7.27%
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Solana ecosystem Meme coins generally rise, FWOG rises 33% in 24 hours

On August 13th, as SOL briefly broke through $200, various Meme coins in the Solana ecosystem generally experienced a pump, with FWOG rising 33.4% to $0.06585, FARTCOIN rising 26.1% to $1.11, and other coins also rising.
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SOL12.05%
MEME7.96%
FWOG28.46%
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The encryption trading platform Bullish will be listed on the New York Stock Exchange today.

The encryption trading platform Bullish was listed on the New York Stock Exchange on August 13, with the stock code BLSH, expected to sell 30 million shares at a price of $32 to $33 per share, potentially raising up to $990 million. The company was founded by Block.one and currently holds over $3 billion in liquidity assets.
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Bitcoin market capitalization fell below 60%, alts market capitalization rose 16.18% in the past week.

On August 13, according to market data, Bitcoin's market share (BTC.D) fell by 3.98% in the past week, currently reported at 59.32%. During the same period, the total market capitalization of encryption rose by 9.08%, while the total market capitalization excluding Bitcoin (TOTAL 2) rose by 16.18%, and the total market capitalization excluding both Bitcoin and Ether (TOTAL 3) rose by 10.52%.
BTC0.29%
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USDC Treasury burned 55 million USDC on the Ethereum chain.

[USDC Treasury burned 55 million USDC on the Ethereum blockchain] According to on-chain data tracking service Whale Alert, around 11:46 AM Beijing time, the USDC Treasury burned 55,000,000 USDC on the Ethereum blockchain.
ETH7.27%
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Cathie Wood: Expects Bitcoin price to exceed 1 million dollars within 5 years.

Ark Invest CEO Cathie Wood stated that Bitcoin's target price is still over $1 million within five years, with institutional investment being a key driving force. At the same time, Ethereum is becoming an institutional protocol, and although the transaction cost is high, it offers stronger decentralization and security. The ARK ETF will play an important role in Ethereum.
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BTC0.29%
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Solana co-founder dodged the Pump Fun lawsuit documents delivered by the law firm Burwick Law nine times.

Anatoly Yakovenko, co-founder of Solana Labs, successfully evaded service of the Pump Fun lawsuit against him, which accused him of participating in fraudulent activities related to the meme coin. The law firm made multiple attempts to serve the complaint to several executives but was unsuccessful.
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SOL12.05%
PUMP11.79%
FUN-5.06%
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Arthur Hayes increased his holdings of ENA worth 1.46 million USD.

On August 13, according to on-chain analyst Ai Yi (@ai_9684xtpa), Arthur Hayes increased his position by 1.46 million USD in ENA, having cumulatively invested 11.258 million USD to purchase ETH ecosystem tokens since August 10. As of now, ETH still remains.
ENA0.72%
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