On-chain Weekly Digest: Gondi NFT lending market share up to 55%
Milady whale sells 82 NFTs, Pudgy penguins will partner with @Nascar and @Lufthansa...
On-Chain Overview
Momentum is forming around BTC and ETH ETFs, with interest in Hyperliquid and potential Solana staking ETFs signaling sector-specific strength in crypto markets.
Despite a 3.33% drop in total crypto market cap, DEX activity surged 15.98%, with the DEX-to-CEX ratio breaking previous highs at 26.38%, led by BSC in volume and Hyperliquid with a 21.45% revenue jump.
（Data accurate as of: June 16, 2025, 2:00 am, UTC）
Altcoin, Meme Coin & NFT
Altcoin market cap dipped 0.98%, with memecoins underperforming at -1.72% despite a 16.26% surge in meme trading volume; NFT market cap rose 2.09% while weekly volume held flat at $44.4M.
（Data accurate as of: June 16, 2025, 2:00 am, UTC）
Macro, Stocks & Commodities
Gold and Brent crude oil prices surged (+4.64% and +11.35% respectively) as risk-off sentiment intensified—equities declined, bond yields fell, the dollar weakened, and VIX spiked 17.64%.
（Data accurate as of: June 16, 2025, 2:00 am, UTC）
Key Events of the Week
NFT | Gondi NFT lending market share up to 55% (12 June)
GONDI has $45 million in active NFT loans and a TVL of nearly $100 million.
NFT ｜Pudgy penguins will partner with @Nascar and @Lufthansa (12 June)
ETF ｜ All Solana ETF Filers Add Staking as SEC Reviews New Policy Path（14 June）
All seven Solana ETF filers added staking after the SEC’s policy shift, paving the way for staking-linked ETFs despite unclear timing.
US Policy ｜ SEC Rolls Back Gensler-Era Crypto Rules in Major Policy Shift （13 June）
The SEC has withdrawn over a dozen Gensler-era proposals, easing pressure on developers, DeFi, and institutional crypto access.
NFT | Milady whale sells 82 NFTs （13 June）
This substantial influx of supply caused the floor price to decline by over 10% on June 12th.
Memecoin ｜X Suspends Dozens of Memecoin Accounts, Including Pumpfun’s （17 June）
Over 20 memecoin-related accounts were suspended on X with “no official information,” in what some suspect may be linked to unauthorized API use.
Looking Ahead
EVM |Sonic Labs has announced Season 2 of the S token airdrop (18 June)
This new round will feature an updated reward mechanism, with a focus on on-chain activity.
Wrapping Up
From a market data perspective: Despite a slight drop in total crypto market cap, DEX activity surged nearly 16%, NFT market cap edged up, and memecoin trading volume spiked—showing selective sector strength led by Hyperliquid and BSC.
From a market events perspective: Solana ETF filings with staking, SEC’s crypto rule rollback, and Pudgy’s mainstream partnerships signal growing institutional alignment across the crypto ecosystem.
