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Last week, Pudgy Penguins (PENGU) surged nearly 40%, driven by the expanding influence of its IP and strong social media marketing. Ethena (ENA) also posted a gain of over 31%, fueled by the launch of its USDtb stablecoin and aggressive whale accumulation. WorldChain recorded a net inflow of $116 million for the week, with its TVL soaring 32.64% and daily active addresses doubling. Meanwhile, the Sui ecosystem staged a strong rebound, with TVL doubling to $4.4 billion and daily active addresses jumping to 2.6 million.

Gate Research Daily Report: On July 29, BTC experienced a slight price decline of 0.91% over the past 24 hours, dropping from approximately $119,399.80 to $118,321.00, with active trading volume. ETH saw a price decrease of about 2.47% in the same period, falling from $3,875 to $3,779. Payment giant PayPal announced the launch of its “Pay with Crypto” feature, enabling merchants to accept instant conversions of cryptocurrencies and stablecoins to fiat, supporting transactions from various Web3 wallets, including MetaMask. Fintech giant FIS announced a partnership with stablecoin issuer Circle to provide USDC payment capabilities to U.S. financial institutions through FIS’s Money Movement Hub. The CryptoPunks NFT series recorded a trading volume exceeding $24.6 million last week, marking the highest since March 2024, with a 416% increase from the previous week.

This article conducts a comprehensive analysis, from both financial and compliance standpoints, of the team's strategic approaches and decision-making processes in company registration, tax planning, custody compliance, and in expanding the market from professional investors to retail investors.