Here is the English translation of the text, with the specified translations applied: In the current cryptocurrency world, mastering the establishment and use of Web3 on-chain wallets, understanding how to purchase popular on-chain tokens, and having certain on-chain data analysis capabilities have become one of the key ways to seize money-making opportunities. (Background information: Annual On-chain Transaction Report: Monthly New User Growth Reaches up to 19.4 Million, Base Chain Contributes Nearly 70% of the Increase) (Additional background: Trump's Son's Namesake Coin $Barron Hits $400 Million Market Cap on First Day! On-chain Players Earn 30x) Table of Contents - Having an on-chain wallet is a prerequisite - Establishing a Phantom wallet - Establishing an OKX Web3 wallet - Withdrawing from exchanges to an on-chain wallet - Withdrawing exchange SOL to an on-chain wallet - How to cross-chain obtain SOL if withdrawals are temporarily suspended - How to purchase popular on-chain tokens - Directly purchasing on a DEX - Using the on-chain tool GMGN As Bybit co-founder and CEO Ben Zhou said in a post on X platform, "Last weekend, all CEXs saw a massive outflow of SOL, USDC flowing into the chain to buy TRUMP, Moonshoot + Meteora/Jupiter created over 30 billion in Meme coin TRUMP in less than 10 hours and completely independent of any CEX. We are accelerating the development and promotion of on-chain wallets, monitoring tools, etc. If we don't join this revolution, we will become outdated." Today, Blockworks data analyst Dan Smith posted on the X platform that the trading volume of Solana's decentralized exchanges (DEXs) hit a record high, reaching $33.6 billion in a single day. Specifically, the trading volume of the Trump family tokens was $9.6 billion, the SOL-USD trading pair was $10.4 billion, and the stablecoin exchange volume was $850 million. This data fully reflects the vitality of the Solana ecosystem and the high participation of users in decentralized platforms. At the same time, according to Lookonchain's monitoring, the total amount of stablecoins (USDT and USDC) on Solana has increased by $3.13 billion in the past 7 days, indicating the market's continued optimism about the Solana ecosystem. Given the large number of new people requesting tutorials, Odaily Planet Daily will use SOL as an example (which is also where most wealth opportunities occur): **For "veteran" users who have experienced centralized exchanges - demonstrate how to withdraw coins from exchanges and explain how to complete transfers through cross-chain methods when SOL withdrawals are suspended;** **For complete newcomers - introduce the establishment and use of Web3 wallets, how to purchase on-chain projects, and recommend commonly used on-chain tools.** Having an on-chain wallet is a prerequisite Unlike centralized exchanges, users participating in on-chain token transactions need to have a dedicated on-chain wallet. For "on-chain newbies", this is the first step to entering the crypto market. Currently, Phantom wallet and OKX Web3 wallet are the most common on-chain wallets, especially Phantom, whose ranking in the US iOS app store has surpassed Coinbase, showing its widespread popularity. Given that most new users primarily trade on mobile devices, the following will demonstrate the detailed steps to establish an on-chain wallet on a mobile device (the same for desktop). Establishing a Phantom wallet STEP 1. After downloading the Phantom App in the corresponding mobile app store and clicking on the software, select "Create New Wallet" and then click "Select Seed Phrase Wallet". STEP 2. Carefully store the seed phrase, it's best to handwrite it, as this is the only way to recover the wallet. Don't tell strangers. STEP 3. Obtain your own wallet address. Establishing an OKX Web3 wallet STEP 1. Enter the "OKX" App, click on the top to switch to "Web3 Wallet", and then click "Create Wallet".

STEP 2. Click "Manual Backup" to record the seed phrase.

STEP 3. Obtain your own wallet address.

(Odaily reminds again: the seed phrase is very important, be sure to store it well.)

Withdraw from the exchange to the on-chain wallet

Withdraw SOL from the centralized exchange to the on-chain wallet

Enter the centralized exchange (take OKX as an example), select "Withdraw" and then "Withdraw Digital Currency", select the SOL token, and enter your own wallet address (for some tokens like USDT, there are multi-chain versions, so be sure to check the network when withdrawing).

If there is a temporary suspension of withdrawals, how to obtain SOL across chains

For most users, the usual way to purchase popular tokens in the Solana ecosystem is to first buy SOL on a centralized exchange and then withdraw it to an on-chain wallet. However, when events like "Trump Couple Tokens" occur, the large number of users withdrawing SOL at the same time may slow down the withdrawal speed or even result in a temporary suspension of withdrawals. In this case, mastering the skills of cross-chain withdrawal becomes particularly important, as it can ensure that you can buy the hottest tokens in a timely manner. The specific operation is as follows:

Cross-chain website: https://portalbridge.com/usdc-bridge/

STEP 1. Withdraw USDC from the centralized exchange to the Avalanche, Arbitrum, or Optimism chain.

STEP 2. Use the cross-chain website mentioned above to bridge USDC from Avalanche or other chains to the Solana chain (it is recommended to use the Avalanche chain, as the Ethereum Layer 2 chains generally require a longer time for transaction confirmation, and may even take more than half an hour during congestion).

STEP 3. After successfully bridging USDC to the Solana chain, you can exchange it for SOL (demonstration using: https://raydium.io/swap/）.

How to purchase popular on-chain tokens

Purchase directly on the DEX

On January 19, according to DeFiLlama data, Raydium's 24-hour fees have surpassed Tether, ranking first. Raydium's 24-hour fees are $25.24 million, while Tether's 24-hour fees are $17.65 million. This shows that most of the purchases of tokens on the Solana ecosystem are on the Raydium platform, whose official link is: https://raydium.io/swap/, connect your wallet and select the corresponding token to make the transaction.

On the one hand, when project transactions are frequent, relying solely on Raydium may not be able to complete the buying and selling operations in a timely and smooth manner; on the other hand, due to the lack of fundamental analysis basis for newly launched on-chain projects, players can only judge their trend through observing the distribution of trading volume, the entry of smart money, and whether there is manipulation by the project party. Blind investment in on-chain meme tokens carries extremely high risks, but by mastering the basic on-chain analysis skills, the success rate can be greatly improved. Therefore, to better participate in on-chain transactions and make profits, it is recommended to use GMGN for trading.

Use the on-chain tool GMGN

GMGN is a website that combines a Meme token data dashboard and a trading tool. After entering the GMGN official website and connecting your wallet, you can add the contract address of the token you want to purchase in the search bar, and then enter the amount of tokens you want to buy (sell) on the right half of the interface.