[Ethereum beats Solana in capital inflows: $4K target in sight]
Ether outpaces Solana and Bitcoin in capital inflows and futures dominance, with $4,000 retest in the cards.

<p><img src="https://static.fwimg.io/img/1px.png" alt="Ethereum beats Solana in capital inflows: $4K target in sight"></p><p>Ether outpaces Solana and Bitcoin in capital inflows and futures dominance, with $4,000 retest in the cards.</p>

Ethereum beats Solana in capital inflows: $4K target in sight

Arweave is in trouble again, with suspicions of internal strife within the community. What exactly happened? We've compiled relevant information from X, and the story is roughly as follows:
1. An Arweave ecosystem project called HyMatrix @HyMatrixOrg, which uses Arweave for permanent storage, announced the launch of its first testnet on August 1st. This public chain, focusing on "decentralized computing," boasts a revolutionary SCP architecture (a storage consensus) capable of achieving a 1,000x performance improvement.
2. Forward Research...

Storage leader Arweave faces internal strife, wielding legal letters against ecosystem projects! What's going on?

The two key resistance levels of $4,700 for Ethereum and $127,000 for Bitcoin will become the watershed for subsequent trends. A breakthrough may usher in a new round of rise, while resistance may trigger a deep pullback driven by leverage.

ETH is approaching its all-time high. Will it hit $10,000 or experience a deep correction?

Author: Erik Lowe, Content Director at Pantera Capital; Translated by: Jinse Finance

Bitcoin often leads the bull market cycle, while Altcoins lag behind in the early stages. As the cycle progresses, Altcoins tend to gain momentum and outperform Bitcoin towards the end of the cycle. We call this the "first phase" and "second phase" of the bull market.

Importantly, in the past two cycles, Altcoins contributed most of the value creation. In the 2015-2018 cycle, Altcoins contributed 66% of the total cryptocurrency market capitalization growth. In the 2018-2021 cycle, Altcoins...