HIGER (@0xhiger)

The arguments used for push back on data centers feels like a return to the hysteric days of pushback on blockchain mining. Good thing there’s a clear solution in decentralized alternatives. Projects like @darkbloomai @c0mputeAI enable inference on consumer hardware and allow home electricity to power AI swarms. @pluralis will make frontier AI training possible in someone's living room on desktop devices without the need for a gigawatt data center. Decentralized AI solves for a lot consumer concerns, and this is just the tip of the iceberg. cc @TheEconomist

There are 5 core elements of the intersection of AI and crypto that I find most compelling. In no particular order: 1. Consumer AI apps that maintain data privacy 2. Distributed training of AI models comparable to those of the frontier labs 3. Data protocols to support model pretraining 4. Tokenized compute 5. Identity attestation All of these categories have liquid tokens with demonstrated traction, revenue, and accelerating growth. Very likely in my opinion that they materially outperform the broader market from here

稳定币在几个主要公链的流向大体反应了市场的资金性质： 1、Ethereum：理财和机构资金，RWA 和 DeFi； 2、Tron：支付，灰产； 3、Solana：meme； 4、BSC：散户资金沉淀、中文 meme； 5、Hyperliquid：投机、大宗美股； 6、Base：AI、Coinbase 溢出资金。 基于上面这几个划分，可以看出市场资金以投机（Hyperliquid）、支付（Tron）为主。

82000附近的缺口已经补上。 在美股暴跌，外加美以伊战争，以及近期流动性退潮期间，比特币仍然表现出了一定的独立性和韧性。 此前我也提及，比特币虽然从顶部暴跌50%，但依然维持在上一轮牛市顶部之上就是为了维持牛市的基本格局。 由此可以认为，6万就是这次调整的底部，大家津津乐道的所谓“熊市”已经结束了。 缺口回补的阶段性目标已经完成，接下来看怎么走了。 目前还有三个比较大的预期存在： 1、达成妥协后的《Digital Asset Market Clarity Act（Clarity Act）》加密市场结构法案有较大概率在7月份正式通过； 2、白宫目前正在为下一步的“战略比特币储备”造势，美国政府是否真的会动用资金购买比特币值得关注； 3、沃什即将正式就任美联储主席，降息将是他的主要目标，虽然口头要缩表，但显然降息才是重点。 最后说一句，虽然比特币市值仍不如英伟达、谷歌这些头部AI公司市值，但也正是因此，加密的潜力显得更加大。

It is with profound sadness that we announce the unexpected passing of Nathan Allman, Ondo's founder. Our hearts are with his family and loved ones. Nate’s brilliance, humility, and drive shaped every part of what Ondo is today. His belief in the power of technology to create a more open, accessible financial system lives on in everything we build. The impact he had on this industry, and on all of us personally, cannot be overstated. Nate also helped us build a durable organization with experienced leaders across all facets of the business. Ian De Bode, Ondo Finance’s longtime President, will serve as CEO. Ian has been leading our strategy, product, and day-to-day operations for over two years and has the full confidence of the leadership team. We will continue building what Nate started. That is the most meaningful way we know to honor him.

目前观测下来，OpenRouter中有三个币圈的Provider： 1、 $VVV ：隐私+大模型，Venice对外提供大模型接口，无论是前面爆火的龙虾OpenClaw，还是独角兽OpenRouter，抑或是Coinbase通过x402对外提供大模型的服务，都有Venice的身影，当然Venice还做了很多事情，不一一展开； 2、 $PHA ：币圈做TEE的，为各种AI和Agent基础设施提供可信运行环境，跟x402也有结合，它也同时对外提供大模型接口服务； 3、 $IO ：币圈做GPU租赁的，此前非常火爆，不过上线后一直不温不火，看下传统AI的溢出资金是否会关注到。 这三个都对外提供大模型接口服务，同时在OpenRouter中作为Provider，如果以后要炒这条线，可以留意下。