火星财经消息，4 月 25 日，Alpaca Finance 官方发文表示，虽然其做市商曾请求从资金储备中提取更多 ALPACA 以应对今天的高交易量，但在收到社区反馈后，已决定不再铸造这部分代币。

<div>火星财经消息，4 月 25 日，Alpaca Finance 官方发文表示，虽然其做市商曾请求从资金储备中提取更多 ALPACA 以应对今天的高交易量，但在收到社区反馈后，已决定不再铸造这部分代币。</div>

Alpaca Finance：决定不再增发ALPACA代币

According to Mars Finance news, on April 25, Alpaca Finance officially stated that although its market maker had requested to withdraw more ALPACA from the fund reserve to address today's high trading volume, it has decided not to mint these tokens after receiving community feedback.

<div>According to Mars Finance news, on April 25, Alpaca Finance officially stated that although its market maker had requested to withdraw more ALPACA from the fund reserve to address today's high trading volume, it has decided not to mint these tokens after receiving community feedback.</div>

Alpaca Finance: Decided not to issue additional ALPACA tokens

In the crypto world, what truly determines victory is never code, but the interplay between liquidity, power, and regulation. The rise and fall of BUSD is not merely a tragic tale of a stablecoin, but a financial war waged by exchanges attempting to "unify the world."

When BUSD was thrust onto the historical stage, it carried not only a compliance narrative, but also Binance's ambition to reshape the stablecoin order through coercive measures—by manipulating exchange rates and merging trading pairs, directly swallowing competitors' liquidity into its own ledger.

The "automatic conversion" of 2022 was a textbook example of a blitzkrieg; and 2023...

The Rise and Fall of Binance's Dominance: From BUSD's "Unification" to $U's "Conquering the World"—The Stablecoin Wars

Source: Galaxy Research; Translation: Jinse Finance xz
Bitcoin's closing price in 2025 is expected to be roughly the same as the level at the beginning of the year.
The cryptocurrency market experienced a genuine bullish wave in the first ten months of this year. Regulatory reforms continued to advance, ETFs continued to attract funds, and on-chain activity became increasingly active. Bitcoin hit an all-time high of $126,080 on October 6th.
However, the market failed to deliver the expected breakthrough after the initial frenzy; instead, it experienced rotation, repricing, and rebalancing. This was driven by factors such as unmet macroeconomic expectations, a shift in investment narratives, leveraged margin calls, and massive...

Galaxy: 26 Predictions for the Crypto Market in 2026

Messari released "The Crypto Theses 2026," a report that predicts future trends in public blockchains, DeFi, AI, DePIN, and TradFi. From Messari's perspective, 2026 will be a pivotal year for cryptocurrencies, marking a shift from "speculative" to "system-level integration."

Author: Messari
Compiled/Translated by: ODIG Invest
Messari Releases "The Crypto Theses 2026"...