As risk assets rally, the crypto market is responding positively to easing narratives, with protocols leveraging various tools for attention and valuation support. Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) have seen increases of 2.3%, 1.7%, and 2.7% respectively, following a drop in the Producer Price Index (PPI) suggesting easing inflation. Anticipation for a Consumer Price Index (CPI) print is building, with a significant chance of Fed interest rate cuts. The meme-based token, Pump, has emerged as a strong performer, gaining 46% in a week. Infrastructure projects usually benefit most from meme trading; however, this time, Pump is at the forefront, driven by community alignment and revenue generation. Meanwhile, Lido is exploring a buyback mechanism utilizing staked ETH (stETH) held by the DAO, despite the protocol not turning a profit yet. The proposal to use treasury assets for buybacks, amid pressures from the market and a struggling token price, highlights the ongoing strategies in crypto to bolster performance despite underlying economic challenges.

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