Key Takeaways
● The total market value of global cryptocurrencies is $3.41 trillion, down 1% from $3.42 trillion last week. As of press time, the total net inflow of the US Bitcoin spot ETF is about $45.61 billion, with a net inflow of $1.07 billion this week; the total net inflow of the US Ethereum spot ETF is about $3.85 billion, with a net inflow of $528 million this week.
● The total market value of stablecoins is US$260 billion, of which USDT has a market value of US$155.5 billion, accounting for 59.8% of the total market value of stablecoins; followed by USDC with a market value of US$61.6 billion, accounting for 23.69% of the total market value of stablecoins; and DAI with a market value of US$5.36 billion, accounting for 2.06% of the total market value of stablecoins.
● According to DeFiLlama data, the total TVL of DeFi this week is $111.9 billion, up 0.27% from $111.6 billion last week. By public chain, the three public chains with the highest TVL are Ethereum chain accounting for 54.98%; Solana chain accounting for 7.67%; and Bitcoin chain accounting for 5.7%.
● From the chain data, except for BNBChain and Sui, which have declined in the trading volume this week, the rest of the public chains have increased overall. Among them, BNBChain has declined the most, with a decline of 15.9% compared with last week; Toncoin has increased the most, with an increase of 100% compared with last week. In terms of transaction fees, Toncoin has increased by 100% compared with last week; Sui has decreased by 14.3% compared with last week, and other public chains have remained the same as last week. From the perspective of daily active addresses, Solana has increased by 7.9% compared with last week; Ethereum has decreased by 11.59% compared with last week, and the rest of the public chains have not changed much overall. From the perspective of TVL, except for BNBChain, which has decreased by 0.3% compared with last week, Aptos and Toncoin have remained the same as last week, and other public chains have increased slightly.
● Innovative projects to watch: Flipcash is a stablecoin payment platform. Users can create a QR code and share it with friends to conduct gas-free transactions immediately; Bellve is a decentralized yield protocol that uses artificial intelligence to design and manage diversified strategies that meet user risk preferences; LinguardLabs is building a regulation-first Layer 1 with the goal of repositioning Tradfi as defi.
Table of contents
Key Takeaways
1. Total cryptocurrency market value/Bitcoin market value share
2. Fear Index
3. ETF inflow and outflow data
4. ETH/BTC and ETH/USD exchange ratio
5. Decentralized Finance (DeFi)
6. On-chain data
7. Stablecoin market value and issuance
2. Hot money trends this week
1. The top five VC coins and meme coins with the highest growth this week
2. New Project Insights
3. New trends in the industry
1. Major industry events this week
2. Big events coming up next week
3. Important investment and financing last week
1. Market Overview
1. Total cryptocurrency market value/Bitcoin market value share
The total market value of global cryptocurrencies is $3.41 trillion, down 1% from $3.42 trillion last week.
Figure 1 Data source : cryptorank
As of press time, Bitcoin’s market cap is $2.1 trillion, accounting for 61.58% of the total cryptocurrency market cap. Meanwhile, stablecoins’ market cap is $260 billion, accounting for 7.64% of the total cryptocurrency market cap.
Figure 2 Data source: coin geck
2. Fear Index
The Crypto Fear Index is at 50, indicating neutrality.
Figure 3 Data source : coinglass
3. ETF inflow and outflow data
As of press time, the U.S. Bitcoin spot ETF has accumulated a total net inflow of approximately US$45.61 billion, with a net inflow of US$1.07 billion this week; the U.S. Ethereum spot ETF has accumulated a total net inflow of approximately US$3.85 billion, with a net inflow of US$528 million this week.
Figure 4 Data source: sosovalue
4. ETH/BTC and ETH/USD exchange ratio
ETHUSD: Current price is $2,541, historical highest price is $4,878, a drop of about 47.82% from the highest price.
ETHBTC: Currently 0.024114, the historical high is 0.1238.
Figure 5 Data source : ratiogang
5. Decentralized Finance (DeFi)
According to DeFiLlama, the total TVL of DeFi this week is $111.9 billion, up 0.27% from $111.6 billion last week.
Figure 6 Data source: defillama
Divided by public chains, the three public chains with the highest TVL are Ethereum chain accounting for 54.98%; Solana chain accounting for 7.67%; Bitcoin chain accounting for 5.7%.
Figure 7 Data source: CoinW Research Institute, defillama
Data as of June 15, 2025
6. On-chain data
Layer 1 Data
The main data of Layer 1 including ETH, SOL, BNB, TON, SUI and APT are analyzed mainly from the perspective of daily transaction volume, daily active addresses and transaction fees.
Figure 8 Data source: CoinW Research Institute, defillama, Nansen
Data as of June 15, 2025
● Daily trading volume and transaction fees: Daily trading volume and transaction fees are the core indicators for measuring the activity of public chains and user experience. In this weeks daily trading volume, except for BNBChain and Sui, the rest of the public chains have increased overall, among which BNBChain has dropped the most, down 15.9% from last week; Toncoin has increased the most, up 100% from last week. In terms of transaction fees, Toncoin has increased 100% from last week; Sui has dropped 14.3% from last week, and other public chains are the same as last week.
● Daily active addresses and TVL: Daily active addresses reflect the ecological participation and user stickiness of the public chain, and TVL reflects the degree of user trust in the platform. From the perspective of daily active addresses, Solana increased by 7.9% compared with last week; Ethereum decreased by 11.59% compared with last week, and the overall changes of other public chains were not significant. From the perspective of TVL, except for BNBChain, which decreased by 0.3% compared with last week, Aptos and Toncoin remained the same as last week, and other public chains all increased slightly.
Layer 2 Data
● According to L2B eat data, the total TVL of Ethereum Layer 2 is US$35.41 billion, a decrease of 1.91% from US$36 billion last week.
Figure 9 Data source: L2Beat
Data as of June 15, 2025
● Base and Arbitrum took the top spot with 38.04% and 32.79% market shares respectively, and their overall share increased this week.
Figure 10 Data source: footprint
Data as of June 15, 2025
7. Stablecoin market value and issuance
According to Coinglass data, the total market value of stablecoins is $260 billion. Among them, the market value of USDT is $155.5 billion, accounting for 59.8% of the total market value of stablecoins; followed by USDC with a market value of $61.6 billion, accounting for 23.69% of the total market value of stablecoins; and DAI with a market value of $5.36 billion, accounting for 2.06% of the total market value of stablecoins.
Figure 11 Data source: CoinW Research Institute, Coinglass
Data as of June 15, 2025
According to Whale Alert data, the USDC Treasury issued an additional 350 million USDC this week, and the Tether Treasury issued an additional 1 billion USDT. The total amount of stablecoins issued this week was 1.35 billion, an increase of about 7.8% from the total amount of stablecoins issued last week, which was 1.252 billion.
Figure 12 Data source: Whale Alert
Data as of June 15, 2025
2. Hot money trends this week
1. The top five VC coins and meme coins with the highest growth this week
Top five VC coins with the highest growth in the past week
Figure 13 Data source : CoinW Research Institute, coinmarketcap
Data as of June 15, 2025
Top 5 Meme Coins That Gained in the Past Week
Figure 14 Data source: CoinW Research Institute, coinmarketcap
Data as of June 15, 2025
2. New Project Insights
● Flipcash: A stablecoin payment platform where users can create a QR code and share it with friends to conduct gas-free transactions immediately.
● Bellve: A decentralized yield protocol that uses artificial intelligence to design and manage diversified strategies that match users risk preferences. Users funds will be allocated to carefully selected investment opportunities that will automatically adjust based on market changes, allowing them to easily earn returns.
● Linguard Labs: is building a “regulation-first” Layer 1 with the goal of repositioning its Tradfi as defi.
3. New trends in the industry
1. Major industry events this week
● Coinbase announced at the 2025 Crypto Summit that it will launch the Coinbase One credit card, backed by American Express, which is expected to go live this fall. Cardholders can get up to 4% cashback on Bitcoin purchases, depending on the size of the digital assets held by the user on the Coinbase platform. This credit card will be part of the Coinbase One subscription service, and subscribers can enjoy zero transaction fees, priority customer service, and higher staking rewards after paying a monthly fee.
● The stablecoin protocol Usual announced that ETH 0 has been launched and the first cap is now open with an upper limit of US$1 million (500 ETH). ETH 0 is supported by Lido’s wstETH 1:1, providing a native annualized return of over 10% and full liquidity. In this genesis phase, there is no lock-up period. When the genesis phase ends, users can decide whether and when to migrate to the future ETH 0++ to continue earning income.
● Walmart and Amazon are exploring issuing their own stablecoins in the U.S. market, or using them for payment and settlement in their own merchant ecosystems. According to sources, this move could transfer a large amount of cash and card transactions out of the traditional financial system, reduce billions of dollars in fees, and speed up payments.
● DeFi lending platform Spark announced the launch of the Spark Ignition airdrop. The first phase of Ignition was opened for airdrop inquiries on June 12. In this airdrop, SparkLend users, as well as addresses holding USDS, sUSDS, sUSDC, DAI, sDAI, xDAI or SAI, and interacting with the selected chains and protocols are eligible for the airdrop.
● On-chain asset management company Maple Finance has added support for stETH. stETH is an Ethereum liquidity staking token issued through the Lido protocol. This integration will enable Maple to allow institutions to borrow stablecoins against their stETH holdings, thereby providing liquidity without requiring institutions to exit their liquidity staking positions.
2. Big events coming up next week
● Play Solana announced that Player 2 was officially minted on June 16, with a total supply of 8,000 pieces, which will be opened in stages to multiple groups: Player 1 holders, PSG 1 pre-orderers, Application system applicants and designated whitelist community members.
● The three professional subscription benefits launched by decentralized social protocol Farcaster during the week of June 16 include 10K characters of content publishing, 4 embed functions (including images, videos, URLs, CA and mini apps), and a new profile banner image function.
● According to Polyhedra Network, the Panbubu community vote will end on June 17. The following users will receive exclusive commemorative NFTs, regular SBT holders who participated in the vote and VVIP SBT holders who did not participate in the vote will receive regular NFTs, and VVIP SBT holders who participated in the vote will receive limited edition NFTs.
● Solana ecosystem liquidity re-staking protocol Fragmetric announced that its TOPU Inc. NFT series will officially start minting through Magic Eden Launchpad on June 18. The series contains a total of 10,000 NFTs, which are aimed at early supporters of the Fragmetric community and users of its cooperative agreements on Solana. Holders will receive 0.75% of Fragmetrics future tokens.
● Nansen Points Season 1 will be launched on June 17. Users’ current operations such as staking, subscribing, and inviting on Nansen will have their points balance counted on the same day.
3. Important investment and financing last week
● Turnkey, with a financing amount of US$30 million, has investors including Bain Capital Crypto, Galaxy Ventures, etc. Turnkey is a secure private key infrastructure built specifically for cryptocurrency developers. It enables developers to dynamically generate thousands of wallets using a simple API and sign tens of thousands of transactions on any blockchain. Flexible programmable permissions ensure that developers only sign what they want. (June 9, 2025)
● Hypernative, with a financing amount of US$40 million, has investors including StepStone Group, Boldstart Ventures, etc. Hypernative is a cryptographic security company dedicated to preventing zero-day cyber threats, economic and governance risks, and protecting digital asset managers, protocols, and Web3 applications from significant losses. (June 10, 2025)
● Yupp, with $33 million in funding from Andreessen Horowitz. Yupp is an AI blockchain platform that allows anyone to explore and compare the latest AI models for free. Users can enter questions and view multiple AI-generated answers side by side, select the best results to form a preference package, and use this data for later training and evaluation of AI models. (June 13, 2025)
Reference Links:
1.Flipcash: https://x.com/flipcash_app
2.Bellve: https://x.com/bellve_ai
3.Linguard Labs: https://x.com/LinguardLabs
4.Turnkey: https://x.com/turnkeyhq
5.Hypernative: https://x.com/HypernativeLabs
6.Yupp: https://x.com/yupp_ai
