According to BlockBeats, on September 12, based on DefiLlama data, StoneFun earned $1.84 million in the past 24 hours, surpassing Hyperliquid's $1.13 million and Pump.fun's $1.22 million.

In addition, due to the recent cooling of Robinhood's on-chain activity, Pons did not appear on the list of protocols that earned over $1 million in 24 hours.

According to BlockBeats, on September 12, crypto analyst Darkfost cited market data stating that, based on the latest CPI data, the US core CPI has reached a more than 5-year low. Although monthly inflation remains high, the long-term downward trend since 2022 is evident.

Darkfost believes that the Fed's decisions are based on long-term evolution rather than monthly noise. Although the market predicts that the probability of a rate hike is as high as 85-90%, Darkfost asserts that the Fed has no urgency to raise rates in September.

According to BlockBeats, on September 12th, Patrick Witt, Executive Director of the White House Advisory Council on Digital Assets, stated that the legislative window for the Clarity Act, the U.S. cryptocurrency market structure bill, is narrowing. If the procedural vote fails this week, there is significant uncertainty as to when the bill can move forward again. The bill is currently scheduled for a procedural vote on September 15th.

U.S. Treasury Secretary Scott Bessent also urged lawmakers to proceed with the bill, warning that failure would send a "worrying signal" about the U.S.'s leadership in the crypto industry. The new bill incorporates 114 amendments proposed by Democrats, but according to Politico, it has yet to gain Democratic support, and at least six Democratic votes are needed for the bill to move forward.

Market participants, including CK Zheng, founder of ZX Squared Capital, believe that if the Clarity Act becomes law, it could accelerate the entry of large institutions that have been waiting for clearer regulations into the crypto market. Coinbase CEO Brian Armstrong previously stated that Bitcoin reaching $400,000 by 2030 is a "reasonable target," corresponding to a market capitalization of approximately $8 trillion.

According to BlockBeats, on September 12, Chris, CEO and founder of Donut AI, recently disclosed his holdings and live trading results on FOMO (FOMO account chriszhuureal). He has made a profit of approximately $130,000 in the past 30 days, during which he traded several active tokens on the Robinhood chain, including PONS, AI, and BONER.

According to Chris's Twitter post, he held PUMP for several months, citing its status as one of the most stable revenue-generating products in the crypto space, its solid operations, and high retail exposure. This position has currently generated approximately $930,000 in profit. However, he also frankly pointed out PUMP's shortcomings: sluggish mobile experience and a design not centered around social interaction, which is why he switched to testing FOMO (Fear of Missing Out).

Furthermore, Chris stated that he took profits when PONS reached a market capitalization of approximately $600 million, and subsequently saw a surge in the Solana ecosystem, buying STONK at the bottom. His view is that Solana's token price depends on the amount of SOL on the chain, while the Robinhood ecosystem depends on the amount of cash and FOMO sentiment on the platform. This is a difference in asset flow; Robinhood's chain is too new, and its price movement almost entirely stems from the inflow of new retail funds; Solana's token pricing, on the other hand, will revolve around the flow of existing SOL.

Regarding the details of his position building, Chris revealed that his entry point for STONK was at a market capitalization of $89 million. This was based on the fact that PONS had previously surged to nearly $1 billion, while STONK has now surpassed $280 million in market capitalization. According to a screenshot he shared, his profit was approximately $180,000. Although his buyback design is slightly inferior to Long.xyz, the launchpad on the Robinhood blockchain, he is more optimistic about the future development of the Solana ecosystem.

Finally, in his lengthy post, Chris stated that he would continue to hold STONK and PUMP, but reminded everyone to always remember to take profits in cryptocurrency investment and trading.