March 26 Market Dynamics

I. Market Fundamentals
1. The market is rebounding, with funds speculating on regulatory-compliant products that face less resistance, such as compliant ETFs and RWAs.
2. U.S stocks fell broadly, with the offshore RMB exchange rate falling below 7.28.

II. Market Focus
1. POLYX, ONDO, OM, TOKEN, DUSK, RSR and TRU among other RWAs have seen significant increases. POLYX is a securitized public chain that complies with Swiss law and requires participants to undergo KYC; Ondo is a company in the LAAS track transitioning from Goldman Sachs background to bond RWAs; each of its businesses has an SPV (Special Purpose Vehicle), and it requires participants to undergo KYC according to US law; OM performs best in compliance RWA within the Cosmos ecosystem. However, only large financial groups with government relations can engage in RWA business and need to obtain government permission for compliant KYC operations which contradicts DeFi Web3's decentralized concept.
2.The prices of Degen and Aero under Base Chain's ecosystem skyrocketed: DEGEN is a Meme token while Aero is a DEX trading platform - Base Chain primarily promotes social protocol diversity innovation.
3.Catcoin price surged 30 times within one month available on Solana,Ethereum,and BSC chains.Recently,the prices of Meme coins related to cats have generally risen.