爱丽丝

The recent market has been like a roller coaster! 🎢
Just a few days ago, I was sweating over the 'epic crash' of gold and silver, thinking the era of safe-haven assets was coming to an end. What happened? In just a few days, they staged an astonishing turnaround!
✨ Gold and Silver: A Return of the Kings or a Flash in the Pan?
After experiencing a round of frenzied profit-taking and the impact of a strong dollar, gold and silver seem to have been injected with a strong dose of adrenaline!
• Gold: Reclaiming lost ground, approaching the $5000/ounce mark, supported by expectations of the Federal Reserve's interest rate cuts, geopolitical risk concerns, and continued purchases of gold by central banks, making the appeal of 'hard currency' shine once again.

The silver XAG incident in 1980, which many later simplified into a single sentence:
The Hunt brothers blew up the silver market and were then crushed by regulation.
But what is truly worth reading repeatedly is not how they manipulated the market, but the period before the collapse, when almost no one in the market realized that the risks had become irreversible.
From late 1979 to early 1980, amid high inflation and a shaken dollar credit, the Hunt brothers rapidly concentrated market chips by buying large amounts of silver spot and futures contracts. The silver price, which had hovered around $6 for many years, was pushed up to $49–50 per ounce, reaching an extreme historical high. The market consensus at that time was very clear: silver was the 'ultimate hard asset' against inflation and fiat currency, and the chips were in the hands of the 'strong'.

On February 2, 2026, the Shanghai Gold Exchange issued a major notice, stating that due to significant fluctuations in silver prices recently, in order to effectively prevent market risks, it has decided to adjust the margin levels and price limit ratios for silver deferred contracts (Ag T+D). Specifically, if a one-sided market situation occurs in the Ag (T+D) contract on the day, the margin level will be increased from 20% to 26% from the time of settlement at the close, and the price fluctuation limit will also be expanded from 19% to 25% starting from the next trading day. This move aims to curb excessive speculation and maintain market stability.
The precious metals market's 'roller coaster' trend, with risks lurking under the veil of safe-haven appeal

Tomorrow, Monday, before the market opens, please be sure to pay attention to the extreme volatility risk of precious metals and related markets. This is not a directional judgment, but an early reminder of liquidity and leverage risks.
The current risk in the market is being extremely amplified. On one hand, there are changes in macro expectations: the new Federal Reserve chairman candidate is seen as a 'crisis management expert,' and the market's fading expectation of a soft landing may trigger more severe deleveraging behavior. The assets with the best liquidity are actually under the most pressure first, which is also one of the important reasons for the recent significant adjustments in gold and silver.

In the past bull market, expansion was almost equivalent to the 'L2 narrative', with Rollup becoming the standard answer; however, as the market entered a more realistic phase, the issues began to become specific—was performance really utilized? Were costs really reduced? Were security assumptions accepted by the market?
Plasma Network (XPL) brings the perspective back to an 'old problem': how to significantly improve the throughput and settlement efficiency of on-chain systems without sacrificing the baseline of security. Unlike the current mainstream L2 that emphasizes general execution, Plasma leans more towards transaction aggregation + verifiable exit mechanisms, essentially exploring 'which computations do not necessarily have to be completed on the main chain.'

As the gold and silver markets are about to open on Monday, global investors are closely watching their performance against the backdrop of the Federal Reserve's pause in interest rate cuts and the nomination of a new chairman. The severe fluctuations in the precious metals market last week not only reflected the vulnerability of the traditional financial system during macro policy shifts but also underscored the profound changes in asset pricing logic amid tightening liquidity expectations. This evolution of the macro environment has prompted the market to reassess the intrinsic value and functional positioning of various assets, especially in the Web3 field, which has raised higher requirements for projects capable of supporting future financial infrastructure.

Why was Kevin Warsh nominated? The most prominent label is 'the firefighter of the 2008 financial crisis.' At the darkest moment of Lehman’s collapse and Wall Street's paralysis, he was the only link between the Federal Reserve and the market.
Bitcoin BTC has fallen below 80,000, Ethereum ETH has dropped to 2,400, and gold XAG and silver XAU are still experiencing aftershocks. This all-around flash crash is not just a plunge in K-line, but a 'stress test at the limit' for the global monetary order on the eve of the leadership change.
What is the market afraid of?
One fact that everyone overlooks is that before and after the change of the Federal Reserve Chair, the market volatility often peaks. The new chair needs to establish policy credibility through tough measures, which means the old illusion of easing must be shattered.

Last night, gold and silver experienced one of the most brutal crashes in history, with silver's daily drop even approaching 30%! Many are asking: how did the so-called safe-haven asset suddenly collapse?
In fact, this precisely validates our previous viewpoint: what is valuable is not currency, but scarcity, yet the 'scarcity attributes' of different assets are undergoing dramatic differentiation.
The recent plunge in gold and silver appears to be influenced by the Fed's hawkish expectations and a strong dollar, but the deeper reason lies in the 'crowded trade' aftermath. When everyone is betting on a surge in gold and silver, a slight shift in sentiment leads to indiscriminate selling of the most liquid gold and silver as a 'cash machine' to cover margins for other assets.

In the world of cryptocurrency, stablecoins have become an indispensable 'digital dollar', but high transfer fees and network congestion have always been core issues hindering their widespread adoption. Against this backdrop, a Layer 1 blockchain designed specifically for payments—Plasma ($XPL )—has quietly risen. Through its unique hybrid architecture and 'zero-fee' promise, it is attempting to completely disrupt the traditional perception of stablecoin payments.
#Plasma 's positioning is very clear: it is not aiming to compete comprehensively with general-purpose Layer 1s like ETH or Solana, but instead focuses on solving a pain point—how to achieve instant, low-cost stablecoin payments on a global scale. This focus has allowed it to quickly form a differentiated competitive edge in the market. Its core advantages are primarily reflected in three aspects. First, Plasma offers zero-fee USDT transfers, meaning that whether for personal payments or commercial settlements, users no longer need to pay additional costs for transfers, greatly lowering the usage threshold. Second, Plasma is fully compatible with EVM, allowing developers on Ethereum to seamlessly migrate applications, enjoying higher performance and lower cost advantages. Finally, Plasma adopts a hybrid blockchain architecture, anchoring its history on the Bitcoin network, inheriting Bitcoin's security while retaining the flexible smart contract capabilities of EVM, providing a solid foundation for ecological development.

Brothers, in the past two days, Binance Alpha airdrop has launched two major projects: KIN (Kindred Labs) and INX (Infinex).
One is the hottest AI/IP narrative at the moment, and the other is an infrastructure project from an established DeFi team. Opportunities are limited; if you miss out, it's a missed opportunity. Let's talk about practical strategies directly.
To summarize in one sentence: chase short-term emotions to grab KIN, and focus on long-term value with INX.
KIN: Emotion-driven, starts grabbing at 19:00 tonight
The biggest highlight of KIN is its hot narrative—AI + IP + entertainment.
The official selling point is AI companions authorized by more than 25 well-known IPs, directly converting traffic into economy. The short-term play is very clear: the token unlock ratio is high enough, there is ample trading volume after the airdrop, and the price has a large fluctuation space.

In January 2026, the severe fluctuations in global financial markets are not an isolated technical event, but a structural shock interwoven with political power, monetary policy, and credit systems. The synchronized plummet of gold, silver, and crypto assets, on the surface, appears to be a liquidity crunch, but in essence, it exposes the market's fundamental misjudgment of the Federal Reserve's future direction.
In this misjudgment, one judgment is particularly critical:
Trump, while loudly calling for interest rate cuts and criticizing Powell, has chosen a true hawk to enter the core of power.

In 2026, the global financial market is facing a structural shift in macro policies, and expectations of liquidity tightening have raised the demands for project hardcore value and practical applications. In the cryptocurrency field, a project named Vanar Chain (\u003cc-11/\u003e), with its unique 'AI-native' label, is standing out in this dual test of technology and market, becoming a key infrastructure connecting artificial intelligence (AI) and the Web3 world.
1. AI-native L1: Redefining the boundaries of smart contracts and intelligence
Vanar Chain is not a simple patch to existing blockchains, but a fundamental innovation from the underlying architecture. It is designed as the world's first AI-native Layer 1 blockchain, with its core value being the deep integration of AI capabilities into the modular infrastructure of the chain.