Cryptocurrency Price Fluctuation: ELSA Surges Over 30% in 24 Hours

[Aero's Daily Trading Volume Rises to Second Place Among Arbitrum One On-Chain DEXs] The Arbitrum project team disclosed that the decentralized exchange Aero has risen to second place in daily trading volume among Arbitrum One on-chain DEXs. Aero stated in the accompanying image of the quoted post that it took approximately two weeks to reach this ranking. Aero had previously ranked among the top three DEXs in the Arbitrum ecosystem in terms of daily trading volume just 12 days after its launch.

The Treasure community has initiated discussions on proposal TIP-63, which proposes to establish a Strategic Growth Fund (SGF) of up to 173 million MAGIC, along with a continuous staking and emission plan to drive the launch of the Treasure DePIN network. If the proposal is approved and all tokens are issued, the total supply of MAGIC will increase from approximately 348 million to approximately 521 million, an increase of 49.76% (excluding pledged issuance). Of these, 100 million MAGIC will be minted on February 3, 2027, to the Treasure Foundation, and the remaining 73 million will be minted only after certain network milestones are achieved.

[Vance Plans to Form a "New Right" Coalition, Proposes Four Core Tasks] US Vice President Vance is seeking to build a "new right" coalition with voters dissatisfied with President Trump's foreign policy before the 2028 election cycle. Vance released a lengthy statement outlining four tasks: ending wars, focusing on the cost of living and inflation, putting America first, and changing the US-Israel relationship. Government officials say these four tasks are Vance's rallying cry for the "new right," aimed at signaling to Republicans who support President Trump but oppose his foreign policy. Vance stated in September that he would not refer to the conflict with Iran as a "war." (Source: Jinshi Data)

International crude oil prices plunged as much as 10% after US October ADP data beat expectations. Democratic leaders sought to lift Trump's tariffs and end the war, causing international crude oil prices to plummet by as much as 10%. US-Iran negotiations are expected to make clearer progress on Friday, and US October ADP data beat expectations. (Source: Jinshi Data)

[Hong Kong Plans to Launch Interbank Gold Tokenization Trading Project] Hong Kong's Secretary for Financial Services and the Treasury, Christopher Hui, announced on November 2nd that Hong Kong plans to launch an interbank gold tokenization trading project, with each token representing 400 ounces of gold bars. The project will utilize the Hong Kong Monetary Authority's Project Ensemble, with transactions priced at the Hong Kong Gold Reference Price (HAU), and will be combined with tokenized deposits.