Bitcoin and Ethereum are showing clear signs of local top formations, marking a potential shift in market momentum. Meanwhile, technical developments continue to push the space forward—ZkLighterVerifier just went live on the Ethereum network, adding another layer to the zero-knowledge ecosystem.

On-chain perpetual futures are heating up the market right now. The Metal Season is capturing traders' attention with elevated activity across derivative platforms, signaling strong engagement in leveraged trading.

The community's split on where things go from here. Leading voices in venture capital brought sharp, contrasting takes to the table—some bullish, others cautious—reflecting the current debate about macro conditions and protocol economics.

But not everything's smooth sailing. Trust Wallet users got hit hard when an exploit drained over $6.77 million. It's a stark reminder that security vulnerabilities remain a real threat, even for established platforms. As the ecosystem grows, staying vigilant about wallet safety becomes more critical than ever.