#加密市场反弹# can consider the four major tracks for layout.

1. AI Agent Track: TAO (Bittensor)
· On-chain signals: · The top 10 addresses' holding ratio increased to 41%, up 12% month-on-month · Collaborating with IBM to develop enterprise-level AI agents, with testnet trading volume surging 300%.
Technical barriers: The cost of distributed training is only 1/3 of that of centralized solutions, and the RedTeam vulnerability bounty platform has paid out $2.4 million in rewards.
Risk warning: The FDV/TVL ratio has reached 8.2, higher than the industry average.

2. RWA physical assets: ONDO (BlackRock partner)
· Institutional Trends: · The scale of U.S. Treasury anchored assets surpassed $3.8 billion, with a 67% increase on the 30th · Goldman Sachs' fund disclosed holdings of 21 million ONDO (verified by SEC documents)·
Compliance Progress: A [US SEC Filing] -
B[Hong Kong SFC License] 
C[EU MiCA Compliance]
Valuation reference: The ratio of managed assets to market capitalization is 0.37, while the industry average is 0.19.

3. High-performance public chain: SUI (Move language architecture)
· Ecological Outbreak: · On-chain NFT trading volume exceeded $240 million in a single week, surpassing Solana during the same period ·
The mainnet TPS test reached 120,000, highlighting the advantages of parallel processing.
Unlocking Impact: 64 million tokens will be unlocked in August (accounting for 4.3% of the circulating supply), but market makers have committed to support.

4. Meme Culture Coin: TRUMP (Polifi Sector)
· Social sentiment: · Daily Twitter discussion volume is 37,000, with a positive sentiment analysis ratio of 62% ·
Trump's campaign account hints at accepting TRUMP donations.
On-chain health: Indicator Value Industry Average Number of holding addresses 420,000+ 180,000 Proportion of top 10 holdings 16% 35% Average holding period 5.2 months 2.8 months