Post

Market Update 🧵 🔹 $HYPE is down 22.6% from its all-time high following last week's local top debate. Despite the pullback, fundamentals remain strong with $75.3M in monthly fees generated (+27.1% MoM) and $60.1M distributed back to holders. The core thesis remains intact. 🔹 $AAVE continues testing the BTC Babylon vault as governance discussions progress. rsETH has been fully restored, while AAVE remains 90.5% below its ATH. 🔹 $PENDLE is still positioned around the potential CLARITY Act catalyst expected on July 4. Fixed-yield infrastructure continues to strengthen, with sPENDLE staking rising from 20% to 57.9% since January. Currently 83.3% below ATH. 🔹 $ONDO offers exposure to the same CLARITY Act narrative through tokenized financial infrastructure. Trading 83.7% below ATH. 🔹 $INJ has seen renewed attention as the tokenized IPO narrative gains momentum. It became the first Layer 1 to announce regulated tokenized assets, IPOs, and on-chain equities. 🔹 $RAIL is down 52.5% from ATH. Privacy-sector sentiment weakened after a critical Orchard Pool bug was disclosed in ZEC, while Arthur Hayes reportedly exited his position. 🔹 $ETHFI continues showing operational growth with 70K active cards, $2M in daily card spending, and ongoing buybacks. Despite this, it still trades as a restaking protocol and sits 96.5% below ATH. ⚠️ Token Unlocks This Week • $RAIN: $686.2M unlocking (8.3% of circulating supply) — the largest unlock of the week. • $ME: $10.2M unlocking (30.74% of circulating supply) — nearly one-third of the current float. • $WLD: $19.2M unlocking (1.17% of supply). • $PUMP: $15.1M unlocking (2.86% of supply). • $TRUMP: $10.3M unlocking (2.66% of supply). 📊 Macro Focus Wednesday's CPI release is the key event for markets. Last week's NFP report significantly exceeded expectations, reinforcing concerns that inflation may remain sticky. With the 10-year yield at 4.71% and the 30-year above 5%, a hotter-than-expected CPI print could push rate-cut expectations further out and pressure risk assets. All eyes now shift toward CPI and the June 16–17