3.28 AI Daily The AI craze sweeps the globe, with new opportunities and challenges coexisting in the crypto market.

1. Headline

OpenAI's "Ghibli-fication" feature sparks a craze, Meme coin market value skyrockets

OpenAI's latest "Ghiblify" feature has taken social media by storm. Users simply need to enter "Ghiblify me" in ChatGPT or upload an image, and the AI can transform it into the style of Hayao Miyazaki's animations. Overnight, countless users' avatars and memes have been "Ghiblifed", making social networks feel like they have entered a parallel anime world.

This wave has also spread to the cryptocurrency field. A meme coin named "Ghiblification" has quickly become popular due to its related concept, with a market value surpassing 28 million dollars. Analysts believe that this reflects the enthusiasm of cryptocurrency investors for AI concept coins, but also warn that meme coins have strong speculative attributes and are highly volatile, so investment should be approached with caution.

Meanwhile, a fake announcement claiming to be from Studio Ghibli has circulated online, accusing an AI application called "Gib" of infringing its intellectual property. The announcement has been confirmed to be false and seems to be related to the Solana community, sparking discussions about AI art copyright.

2. Ripple lawsuit victory in sight, XRP ETF may be approved within the year

The U.S. Securities and Exchange Commission ( SEC ) has recently dismissed the lawsuit against Ripple, removing a major obstacle for the approval of the XRP ETF. Data shows that the market believes there is an 87% probability of the XRP ETF being approved by the end of 2025. Analysts expect that once approved, asset management giants like BlackRock and Fidelity will actively position themselves.

The victory of Ripple in the legal dispute is not only expected to drive up the price of XRP but also bring convenience for institutional investors to participate. The SEC's decision is seen as a significant turning point for cryptocurrency regulation, favorable for attracting more institutional funds into the crypto market.

However, some analysts are cautious about the approval timeline for the XRP ETF. They believe that regulatory agencies may still take action against Ripple for other issues, which could prolong the ETF approval process. Overall, the outlook for XRP is positive, but investors need to closely monitor regulatory developments.

3. The Ethereum ecosystem is in a crisis of trust, and Vitalik must indicate the direction.

Ethereum is facing unprecedented scrutiny. Since the launch of the ETF, there has been a continuous outflow of funds from the Ethereum ecosystem, exceeding $1.2 billion. From the Ethereum Foundation to the developer community, as well as related businesses and investors, there has been a significant crisis of trust.

Analysts point out that Ethereum is already a huge decentralized business entity in the crypto market, and there is no precedent in history. V God needs to point out the direction and goals for different participants, otherwise the test facing Ethereum will become more and more severe, even to the point of not breaking and not standing.

Meanwhile, the Ton ecosystem has attracted significant attention at the TOKEN2049 conference. Although Western funds are not optimistic about it, they cannot avoid the challenge that the Ton ecosystem poses to the Ethereum ecosystem. Whether Ethereum can regain confidence will determine its dominant position in the future crypto world.

4. The crypto gaming sector is in trouble, and the industry urgently needs innovative breakthroughs.

The gaming track was once seen as an important application scenario for cryptocurrencies, but it has now fallen into a predicament. A large number of airdrops and liquidity mining have driven the false prosperity of Ethereum, while the real user base is limited, and people have grown tired of the airdrop customer acquisition strategy.

Data shows that after the airdrop ended, the user churn rate reached as high as 80%, which is detrimental to both the founders and the project. The monthly active users of Metamask have dropped from a peak of 30 million during the bull market to 1 million, marking a significant decline.

Industry analysts call for entrepreneurs to pay more attention to root issues, support the construction of public goods, and create a better innovation environment for long-term entrepreneurs. The utility of tokens and unlocking terms also need to be adjusted, as there are significant problems with the existing mechanisms. Only through innovative breakthroughs can crypto games regain vitality.

5. Institutional funds return to the crypto market, Hedera and Lightchain AI gain popularity.

With the arrival of the second quarter of the 2025 crypto bull market, institutional investors are strategically accumulating digital assets, indicating increased market confidence and anticipation of upward price momentum. Among them, Hedera and Lightchain AI are gaining attention due to their strong fundamentals and growing real-world application scenarios.

Analysts believe that Hedera, with its enterprise-level distributed ledger technology, has broad prospects in areas such as supply chain, NFTs, and payments. Meanwhile, Lightchain AI combines artificial intelligence with blockchain to provide innovative solutions for institutional clients.

At the same time, stablecoins have also become a popular target for institutional investment. The second wave of stablecoin development will focus on liquidity and user experience, bringing new opportunities for investors, especially for projects that concentrate on stablecoin infrastructure. Overall, the return of institutions to the cryptocurrency market will bring new vitality and funding to the industry.

2. Industry Data

1. BTC

Recent transaction price 87390.2000 USD, daily decline -0.9%.

2. ETH

Recent transaction price 2026.5200 USD, daily decline -2.1%.

3. MUBARAK

Recent transaction price 0.1537 USD, daily increase +4.7%.

4. PI

Recent transaction price is $0.8725, with a daily increase of +4.5%.

5. GT

Recent transaction price 23.7080 USD, daily decline -1.4%.

3. Industry News

1. Bitcoin is expected to maintain a narrow fluctuation pattern in the short term.

Bitcoin has slightly decreased by 0.4% in the past 24 hours, now priced at $87,216. Major cryptocurrencies are generally experiencing volatile movements, and market sentiment is low. Analysts point out that before the final clarification of Trump's tariff policy, Bitcoin's short-term upside potential may still be limited.

Traders have differing opinions on the future trend of Bitcoin. Some analysts believe that Bitcoin's current trading price is below the 50-day and 100-day moving averages, indicating a weak pattern. However, there is also a viewpoint that there is strong support around $84,740 for Bitcoin, and if it falls below this level, it will trigger buying power to intervene.

Overall, Bitcoin is expected to maintain a narrow range in the near term. Investors need to pay close attention to the latest developments of Trump's tariff policy, as well as subsequent changes in capital flows and sentiment, and prudently grasp the investment opportunity.

2. Ethereum's rebound momentum is temporarily stalled, focusing on the key support at $2,000.

Ethereum has slightly dropped by 1.73% in the last 24 hours, trading around $2,000. Analysts indicate that after facing rejection at $2,081, Ethereum fell below the key level of $2,000, and the RSI indicator shows that trader sentiment is hesitant.

Traders have differing opinions on the future trend of Ethereum. Optimists believe that Ethereum is in a rebound phase, with investor confidence leading to a decrease in supply on exchanges, and long-term holders are accumulating, aiming for a breakout above the resistance level of $2,141. However, some analysts warn that if Ethereum fails to gain strong support above $2,000, it may further decline to below the $2,000 level.

Overall, Ethereum's rally momentum has slowed for the time being. Investors need to pay close attention to the performance of the key support level of $2,000, as well as the subsequent changes in capital flow and sentiment, and prudently grasp the investment opportunity.

3. Solana's social popularity soars Analysts optimistic about a 96% rebound potential

The price of Solana(SOL) has increased by 3.22% in the past 24 hours, quoted at $136. Analysts point out that the surge in social heat for Solana and the explosive wave of Ghibli emoji coins have driven the price increase.

Analysts are generally bullish on Solana's future performance. Some analysts expect Solana to rally as much as 96%, targeting $270. The optimistic expectations are mainly due to the continued increase in the activity of the Solana ecosystem, the positive social sentiment, and the increased attention brought about by the Ghibli emoji coin craze.

However, some analysts remind that Solana has recently seen a significant increase, and investors should be wary of profit-taking risks. Overall, Solana's social popularity has surged, and the market may continue its upward trend, but investors need to carefully manage the risks.

4. Project News

1. OpenAI released the new version of GPT-4o, enhancing coding and instruction-following capabilities.

OpenAI is a leading artificial intelligence research company dedicated to developing general artificial intelligence systems. Its flagship product, the GPT series of large language models, has a wide-ranging impact in the field of natural language processing.

Breaking news, OpenAI has announced the release of a new version of GPT-4o, with major improvements including: better adherence to complex instructions, especially prompts that contain multiple requests; enhanced capability to handle complex technical and programming issues; improved intuition and creativity, while reducing unnecessary use of emoticons.

This version has been made available to paid users, while free users will receive updates in the coming weeks. OpenAI founder Sam Altman stated that the new version performs excellently in coding, instruction following, and freedom. This upgrade is expected to further enhance GPT-4o's application capabilities in software development, task planning, and other areas.

Industry insiders have welcomed this. Analysts believe that the continuous evolution of GPT-4o will drive the implementation of artificial intelligence in more fields, bringing new development opportunities to various industries. However, there are also voices reminding that there is a need to strengthen the regulation of AI systems to ensure their safety and reliability. Overall, the release of the new version of GPT-4o marks another important step in the advancement of artificial intelligence technology.

2. Sei Foundation is considering acquiring 23andMe to put user genetic data on the blockchain.

Sei Foundation is a blockchain company focused on privacy computing and data ownership. In the latest news, the company announced that it is considering acquiring the gene testing company 23andMe, which has filed for bankruptcy protection, and plans to put the genetic data of its 15 million users on-chain.

If the acquisition is completed, relevant data will be transmitted securely and users will have the right to monetize their data through the Sei blockchain. Sei states that genetic data security has become a national security issue, and 23andMe is currently facing serious financial difficulties. This acquisition aims to ensure privacy through blockchain encryption mechanisms, allowing users to independently decide whether and how to authorize the use and monetization of their data.

Analysts believe that if the deal is successful, it will provide a new solution for personal data ownership. Users will have full control over their genetic information, avoiding the privacy risks of traditional models. At the same time, it also opens up new channels for data monetization.

However, there are also opinions questioning whether the security of data after being put on the chain can be guaranteed, and whether users truly have the ability to manage their own data. Overall, Sei's attempt will promote further discussion on the topic of data ownership and provide a reference for the formulation of relevant laws and regulations.

3. Meteora Release Launch Guide, supports Launchpads for successful token issuance

Meteora is a DeFi protocol focused on token issuance and liquidity management. In the latest news, the protocol announced that it will focus on helping Launchpads succeed and will launch the Meteora Launch Guide as its core technical support.

The Meteora Launch Guide will cover the usage of different tools, continuously updated case studies, and clear documentation aimed at developers, helping developers and liquidity providers gain a deep understanding of Meteora technology. This guide aims to integrate relevant resources and educational content to provide comprehensive support for Launchpads.

Analysts believe that Meteora's move helps to lower the threshold for token issuance, attracting more project parties to use the Meteora protocol. It is also beneficial for improving issuance quality and avoiding common issues such as improper token supply.

However, some people are concerned that over-reliance on Meteora may limit innovation and lead to severe homogenization. In addition, the success of Launchpads also depends on the quality of the projects themselves; simply relying on tools may not fundamentally solve the problem. Overall, the Meteora Launch Guide provides a new reference for token issuance, and its impact remains to be further observed.

5. Economic Dynamics

1. Trump's tariff policy causes global economic turbulence

U.S. President Trump announced a 25% import tariff on all non-American-made cars and parts, triggering significant fluctuations in the global economy and financial markets. This tariff measure will officially take effect on April 2 and may expand to other industries and trading partners in the future.

Economic Background: The global economy is in a recovery phase, but growth momentum remains insufficient. The US economy is maintaining moderate growth, with an improving job market, but inflationary pressures have risen. The economic recovery in the Eurozone is slowing down, facing rising energy prices and geopolitical risks. Emerging market economies are generally performing well, but there are increasing internal and external uncertainties.

Important events: The Trump administration previously imposed high tariffs on steel and aluminum products and increased tariffs on Chinese goods, triggering a trade dispute between China and the United States. This car tariff policy is part of Trump's continued push for protectionist trade policies aimed at protecting the interests of American manufacturing. However, this move will directly impact the global automotive supply chain and may provoke retaliatory measures from other countries, exacerbating global trade tensions.

Market Reaction: After the announcement of Trump's tariff policy, global stock markets fell in response, and the stock prices of American car manufacturers plummeted significantly. Investors are concerned that the escalation of the trade war will impact corporate profits and consumer confidence, thereby dragging down economic growth. The dollar index rose slightly, and safe-haven assets such as gold were in high demand. Cryptocurrencies like Bitcoin saw a short-term increase, being viewed as a new safe-haven tool.

Expert Opinion: Goldman Sachs' chief economist points out that tariff measures will increase the cost of car purchases for American consumers and may trigger retaliatory tariffs from other countries, thereby harming U.S. exports. Morgan Stanley analysts believe that global trade tensions will continue to escalate, putting downward pressure on corporate investment and economic growth. However, some experts believe that Trump's tariff policy may just be a negotiating strategy, and that both sides are likely to reach a new trade agreement in the end.

6. Regulation & Policy

1. The EU insurance regulatory authority proposed a 100% capital support requirement for crypto assets.

The European insurance and occupational pensions regulatory authority ( EIOPA ) recently proposed new regulatory recommendations, requiring insurance companies to hold 100% capital support for the crypto assets they possess. The regulatory authority stated that this requirement is based on the "inherent risks and high volatility" characteristics of crypto assets.

EIOPA is an independent advisory body responsible for regulating the insurance and occupational pensions industry in the EU. Its latest recommendations aim to address the risks posed by insurance companies investing in crypto assets. According to the recommendations, insurance companies need to provide capital support equivalent to the amount invested in crypto assets to ensure that they can still meet their payout obligations in extreme circumstances.

The proposal reflects regulators' concerns about the volatility and risks of crypto assets. The cryptocurrency market has always been seen as a high-risk area, with issues such as high price swings, lack of regulation, money laundering, and fraudulent activities. EIOPA believes that the high-risk nature of cryptoassets may affect the solvency of insurers, and therefore requires prudent capital requirements.

Industry insiders have mixed reactions to this suggestion. Supporters believe that this requirement helps protect investor interests and prevent systemic risks. However, critics argue that overly strict capital requirements may hinder insurance companies from entering the cryptocurrency market, limiting industry innovation.

The head of the European Cryptocurrency Industry Association stated: "We understand the concerns of regulators, but a 100% capital support requirement is too strict. This could hinder insurance companies from participating in the crypto asset market, thereby missing future development opportunities. We call for a more flexible and risk-based approach."

2. Deputy Director of the State Administration of Foreign Exchange: Highly concerned about the use of virtual currencies for illegal cross-border fund transfers.

Li Bin, the deputy director of the State Administration of Foreign Exchange, recently stated at the Boao Forum for Asia that the Foreign Exchange Bureau is paying close attention to the use of virtual currencies for illegal cross-border fund transfers and is enhancing its identification and monitoring capabilities in this area.

As the regulatory authority for China's foreign exchange reserves and cross-border capital flows, the State Administration of Foreign Exchange has been closely monitoring the application of virtual currencies in cross-border capital flows. Deputy Director Li Bin pointed out that virtual currencies have a certain degree of anonymity and cross-border liquidity, which poses a risk of being used for illegal cross-border capital transfers.

In recent years, with the increase in cryptocurrency trading activities, there have been cases of using virtual currencies for money laundering, tax evasion, and other illegal criminal activities. Some criminals exploit the anonymity and cross-border liquidity of virtual currencies to transfer funds to offshore accounts or money laundering channels. This not only affects the country's foreign exchange management but may also foster illegal financial activities.

To this end, the foreign exchange bureau is strengthening its monitoring and identification capabilities for virtual currency trading activities, including the establishment of a big data analysis system and enhancing cooperation with law enforcement agencies. It also calls on relevant institutions to strengthen regulation, standardize virtual currency trading behavior, and prevent potential risks.

Industry experts say that regulating virtual currencies is a global challenge. Due to their decentralized and cross-border nature, the regulatory power of a single country is often limited. Strengthening international cooperation and establishing unified regulatory standards are necessary to truly curb illegal activities using virtual currencies.

The State Administration for Market Regulation will accelerate the development of national standards in the field of artificial intelligence.

Wang Qiuping, spokesperson of the State Administration for Market Regulation, recently stated that with the rapid development of the artificial intelligence industry and its applications, the Administration, in conjunction with relevant departments, has issued the "Guidelines for the Construction of a National Comprehensive Standardization System for the Artificial Intelligence Industry," which has initiated a new round of planning for the standardization of artificial intelligence.

The rapid development of artificial intelligence technology has brought a huge impact on the economy and society, but also brought many risks and challenges. The standardization work aims to standardize the development and application of artificial intelligence technology and promote the healthy and orderly development of the industry.

According to the "Guidelines", the standardization work of artificial intelligence will focus on aspects such as basic theory, technical system, testing and evaluation, data, products, and applications. In terms of basic theory, foundational standards such as basic concepts and terminology of artificial intelligence will be developed; in terms of technical systems, standards for artificial intelligence system architecture, algorithms, etc. will be established; in terms of testing and evaluation, standards for assessing the capabilities of artificial intelligence systems and ethical risk assessments will be created.

In addition, the "Guidelines" also emphasize the formulation of standards in data and security governance. In terms of data, standards for data collection, labeling, and management will be studied; in terms of security governance, standards for the classification and grading of AI application safety and capability maturity assessment will be established to ensure the safety and reliability of AI technology usage.

Industry experts say that timely formulation of national standards for artificial intelligence is crucial for regulating industry development and maintaining national security. The formulation of standards needs to be government-led, while also fully incorporating opinions from the industry and experts to ensure the scientific nature and operability of the standards. Only by establishing a comprehensive system of standards can we truly unleash the innovative potential of artificial intelligence and promote healthy and sustainable industrial development.