This week, the cryptocurrency market is full of highlights, with several projects reaching important moments.

The AAVE protocol is about to obtain 7% of the WLFI supply, with a valuation exceeding 1 billion USD, attracting market attention. The Solana ecosystem is also welcoming significant updates, with the Jupiter lending platform set to officially launch in August.

The Resolv project will complete the fee conversion on August 21, while the Arbitrum ecosystem will launch an online build marathon on the 22nd to attract developers to participate.

Regarding regulation, the Brazilian Parliament will hold a hearing on the issue of the national Bitcoin reserves, which may have a profound impact on cryptocurrency policies in South America.

Emerging project updates are frequent, the INFINIT V2 public beta version is about to go live, and LFJ (formerly known as Trader Joe) plans to launch an innovative token issuance platform on Solana. The highly anticipated MegaETH ecosystem project Cap will also debut on the Ethereum mainnet on the 18th.

The DEX giants 1inch and Orca have both announced that they will release important announcements on the 19th, sparking market speculation.

In terms of macroeconomics, the speech of Federal Reserve Chairman Powell and the FOMC meeting minutes will be released on the 20th and may have a significant impact on the encryption currency market.

This week, the cryptocurrency sector is bustling with events, as new technologies and projects continue to emerge. At the same time, it faces dual challenges from regulation and the macro economy, which are worth continuous attention from industry professionals.