Last week, the market experienced a sharp decline, especially in the latter half of the week, with BTC dropping below $75,000 and ETH falling below $2,200. There were cries of despair throughout the market, and BNB was not spared either. However, data on the BSC chain remained relatively stable, and the ecosystem as a whole is stable.

1. BNB followed the mainstream market downward, dropping below $740, currently quoted at $765. BNB's weekly decline was 12.42%, with a fluctuation of 19.69%.

2. BSC TVL remained stable, with total locked value exceeding $10B, and DAU at 250W. Trading volume and on-chain activity remain strong, with the cumulative trading volume in the prediction market exceeding $10B–$20B. Projects like Opinion are developing rapidly, with daily trading volume stable at over $200M.

3. Binance announced the decision to gradually convert the $1B SAFU fund from stablecoins to BTC, which slightly boosted the market, but not significantly.

4. Binance Alpha launched 6 projects: $WMTX, $XPIN, $BIRB, $ZAMA, $KIN, $INX, covering areas such as Depin, NFT, and AI. Overall project returns are not high, and it mostly resembles a southward trend with day trades, leaving those who hold coins without selling feeling uneasy.

5. Last week, the overall market for BSC memes was sluggish. Except for $I’m Coming, which surged by 200% before slightly correcting, other Chinese memes like $Haqimi and $Crying Horse experienced a dismal downward trend. Others like CZ Dog and $BABYDOGE were lukewarm, failing to hide the overall sluggishness of the crypto market.

6. Binance's dual saints: one sister appeared somewhat quiet, while CZ, the big brother, was lively, engaging with netizens on various issues such as the average purchase price of BTC ETF, data sources (still using CMC), not trading (I don't trade), market stability (nothing is stable), and short-term direction (no idea). His tone was relaxed and pragmatic, without making promises or painting a rosy picture, showing his experience.