Golden Web3.0 Daily | Citigroup Lowers Strategy Target Price to $136

DeFi Data

1. DeFi Token Total Market Cap: 685**.96 Hundred Million USD**

DeFi Total Market Cap Data Source: coingecko

2. DEX Trading Volume in the Past 24 Hours: 35.87 USD

DEX Trading Volume in the Past 24 Hours Data Source: coingecko

3. Total Value Locked in DeFi: 730.93** Hundred Million USD**

Top 10 DeFi Projects by TVL and Locked Value Data Source: defillama

NFT Data

1. NFT Total Market Cap: 61.61 Hundred Million USD

NFT Total Market Cap and Top 10 Projects by Market Cap Data Source: Coinmarketcap

2. NFT Trading Volume in 24 Hours: 12.1 Hundred Million **** USD

NFT Total Market Cap and Top 10 Projects by Market Cap Data Source: Coinmarketcap

Headlines

Citi Lowers Strategy Target Price to $136

On July 3, Citi lowered its target price for Strategy from $260 to $136, maintaining a "Buy" rating.

AI Highlights

1. Meta's Chief AI Officer Responds to Market Misunderstanding: Zuckerberg's Remarks on Slowing AI Agent Development Not Specific to Meta

In response to media reports that Meta CEO Mark Zuckerberg told employees during an internal meeting that AI agent development over the past four months has not "accelerated at the pace we expected," Meta's Chief AI Officer Alexander Wang posted a statement clarifying that Zuckerberg was referring to the overall progress of intelligent agent capabilities across the entire industry, not Meta itself. He also revealed that Meta will soon release a new round of Muse Spark updates, which will significantly enhance the model's coding ability and intelligent agent capabilities, making it more competitive against leading industry models, and will be gradually rolled out to Meta AI and the new API platform.

2. Tencent Cloud: DeepSeek-V4 Official "Direct Factory Supply" Model Planned for Mid-July Launch

Tencent Cloud announced that the DeepSeek-V4 official "direct factory supply" model is scheduled to go live in mid-July on its large model service platform TokenHub and the intelligent agent development platform. This version update will bring multiple functional optimizations and performance improvements. At the same time, to allocate resources more reasonably and improve service stability, the official version will adjust its pricing strategy in sync with the original factory, introducing a peak/off-peak pricing mechanism.

3. Analysis: Cooling AI Semiconductor Sector, Bitcoin Rebound, Signs of Capital Rebalancing in Markets

The AI storage and semiconductor sector has recently shown a clear cooling trend, while Bitcoin has rebounded from its recent low to above $61k, sparking discussions on whether funds are being reallocated to digital assets. Stocks like SanDisk and Micron have seen significantly weakened momentum recently. The DRAM ETF has fallen about 25% from its mid-June high, and SMH has also dropped about 12%. Analysts point out that rising congestion in AI trades combined with pullbacks in some leaders are driving capital rotation within risk assets. Although it is still difficult to determine whether a sustained style shift is forming, against the backdrop of a cooling AI theme and a Bitcoin rebound, the market is showing preliminary signs of rebalancing within risk assets.

4. Tencent Cloud: DeepSeek-V4 Official "Direct Factory Supply" Model Planned for Mid-July Launch

Tencent Cloud announced that the DeepSeek-V4 official "direct factory supply" model is scheduled to go live in mid-July on its large model service platform TokenHub and the intelligent agent development platform. This version update will bring multiple functional optimizations and performance improvements. At the same time, to allocate resources more reasonably and improve service stability, the official version will adjust its pricing strategy in sync with the original factory, introducing a peak/off-peak pricing mechanism.

5. Deutsche Bank: Meta's Cloud Business May Open a $9.6B-Level Monetization Channel for AI Investment

On July 3, regarding news that Meta plans to sell AI computing power and model access to external customers, Deutsche Bank believes this does not mean Meta is weakening its frontier model or "super intelligence" layout, but rather is more likely to monetize older, non-core, or temporarily idle computing power externally while retaining the latest generation of chips for internal training. This move could shift market concerns about Meta's "high capital expenditure, limited revenue returns" toward a revaluation of its new high-margin revenue options. According to Deutsche Bank's estimates, Meta's AI-related computing power could reach 8 to 11.5 GW by the end of 2027, of which 1.2 to 2.7 GW could be sold externally. Assuming 75% is sold and an annualized revenue of $10 billion to $15 billion per GW, Meta could generate $9 billion to $30 billion in new revenue in 2027, 3% to 10% higher than market expectations, with the base case around $17.5 billion.

DeFi Highlights

1. Circle Mints 250 Million USDC on Solana

Circle has minted 250 million new USDC on the Solana blockchain via USDC Treasury, worth approximately $250 million.

2. Tokenized Fund Platform Spiko Goes Live on Solana

On July 3, tokenized fund platform Spiko went live on Solana. Its tokenized funds can now be natively minted, transferred, and redeemed on Solana, with subscriptions and redemptions directly settled in USDC.

3. Aave Community Posts Temperature Check Proposal to Deploy Aave V4 Instance Managed by ether.fi on OP Mainnet

On July 3, ether.fi posted a temperature check proposal on the Aave community to deploy a dedicated Aave V4 white-label instance managed by ether.fi on OP Mainnet to support ether.fi Cash governance. The proposal includes requesting deployment of a dedicated Aave V4 instance operated by ether.fi on OP Mainnet, serving as the credit backend for ether.fi Cash. This instance would replace the customized lending market currently supporting Cash and adopt an isolated, whitelist-based management model: ether.fi is responsible for end-to-end operations, including configuration, risk parameters, liquidity, and business growth, while Aave provides the V4 deployment and operational license, receiving a corresponding share of revenue. Since this instance is isolated and managed by ether.fi, Aave can share revenue without bearing the day-to-day operational risks of the market. The proposal comes with substantial commercial terms from ether.fi and the Optimism Foundation, including allocating 20% of revenue to the Aave DAO, integrating GHO into ether.fi Cash, deploying an Aave-managed GHO GSM on OP Mainnet, fully migrating ether.fi's debt manager, an asset size of up to $175 million at launch, and product exclusivity for Aave V4.

4. Celestia V9 Network Upgrade Goes Live on Mainnet

On July 3, modular blockchain Celestia's V9 network upgrade went live on mainnet. This upgrade halves block time from 6 seconds to 3 seconds and introduces the x/fibre module (advanced features for data availability DA), among others.

5. CertiK: Suspicious Transactions on Privacy Protocol Hinkal Result in $800k Loss

On July 3, according to CertiK monitoring, suspicious transactions occurred on the decentralized privacy protocol Hinkal Protocol. An address (0xbB3...fc20) executed multiple "Transact" transactions after initiating a Proofless Deposit, draining approximately $800k USDC from the Hinkal contract.

Disclaimer: Jinse Finance, as a blockchain news platform, publishes articles for informational purposes only and not as actual investment advice. Please establish a correct investment philosophy and be sure to raise risk awareness.