Anatoly Yakovenko: RAW is the best basic fee proposal, and the application layer should assess transaction quality in real-time

Abraxas Capital has established a short position of approximately $783 million on Hyperliquid and has withdrawn 73872 ETH (worth $173.17 million) from Binance for hedging in the past 4 days. （Lookonchain）

After transferring 3.837 million Solana tokens (worth 9.33 million US dollars) to OKX, the TRUMP token team sold 1.1 million Solana tokens in exchange for 2.94 million USDC by adding unilateral liquidity, with an average selling price of 2.68 US dollars. (Ashes)

Solana co-founder Anatoly Yakovenko stated that PRAW is the best foundational fee proposal because only the application can adjust business logic in real-time and assess transaction quality. The application should charge for bad transactions and use this fee to subsidize good transactions. All PRAW fees will ultimately be converted into priority fees.

Strive CEO Matt Cole stated that the BTC/Gold ratio sends a signal that the next Bitcoin cycle may be the strongest in history. The long-term structural depreciation of the US dollar and AI driven capital pose structural benefits to the demand for scarce assets. If Bitcoin performs better than gold, it will attract capital inflows.

According to on chain analyst Yu Jin's monitoring, Ma Ji (0x020... 872) extended his rolling position of $150000 to $11.15 million last week, earning $11 million; Over the past 10 months, long ETH has incurred a loss of $35 million, and the remaining loss after this operation is $24 million. At present, Big Brother Ma Ji's multiple orders are worth $129 million, covering ETH, BTC, HYPE, and PUMP, with an overall leverage ratio of 12 times.