With the approval of altcoin ETFs, the ecosystem of the Crypto Assets market is quietly undergoing a transformation. Traditionally, the inflow of funds into Bitcoin and Ethereum often drives the alt zone, triggering what is known as "alt season." However, this time the situation is different. The emergence of ETFs has changed the flow of funds. When traditional financial capital purchases ETFs, it no longer directly enters exchanges as before, thus reducing the possibility of flowing into small and medium altcoins. This change could have a profound impact on the entire Crypto Assets market. In the future, if ETFs for well-known alts like Solana, Dogecoin, Litecoin, Cardano, Ripple, and Sui are approved, the new funds in the market are likely to be directly absorbed by these ETFs. This means that only a few alts that can enter the ETFs will have the opportunity to maintain their market position, gain trading volume, and attention. For most altcoins that failed to enter the ETF, the loss of liquidity may lead them to gradually fade out of the market. This trend may result in future funds primarily concentrating on the main direction of "a few altcoins with ETF support + Bitcoin/Ethereum," while other projects may become marginalized in the market. This change highlights the significant impact of ETFs on the structure of the crypto assets market. It not only alters the flow of funds but may also redefine the landscape of market participants. For investors and projects, understanding and adapting to this new trend will become crucial. At the same time, it also provides us with a new perspective to think about the future development direction of the crypto assets market.

Recently, I have been following PORTALS, and just now Gate has also launched related activities, which are mainly divided into three activities: staking, alpha spot trading, and Futures Trading. Participating in these three activities can earn you PORTALS token rewards. The current price of PORTALS Token is approximately between 0.18 and 0.19 USD, with a circulating market cap of around 40 million to 60 million USD, and a total supply of 1 billion coins. 🚀Currently, although the overall market seems to be in a volatile phase, I have noticed that the trading volume of PORTALS is still active, indicating that capital and the community's interest in it are still present. As a creator and gaming platform based on Solana, PORTALS stands out with its no-code development tools, allowing more users to enter the Web3 content ecosystem. This makes me believe it has long-term potential. 🔥The related activities launched by Gate will undoubtedly further enhance the liquidity and exposure of the project, providing a rare opportunity for early participants. Of course, in the short term, the Token price will still fluctuate with the market, but in the long run, the creator economy and Web3 gaming direction are recognized growth points in the industry. 🤩For me, participating in this event is not only about the rewards but also an opportunity to understand the project's value and market prospects. I hope that in the future, PORTALS can continue to grow in the community and application layers, bringing more surprises. Overall, its market value is still in the early stages, with certain growth potential. As activities and community engagement on the Gate platform increase, the future trends are worth keeping an eye on. #发帖赢代币PORTALS#

Seems like a lot of people are confused about USD1 so figured I'd explain: USD1 is a stable coin by a certain project They just went live on Solana with the goal to grow adoption against major players like USDC A certain token is the official launchpad of USD1 on Solana