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上车的陈克
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上车的陈克

一个做了10年设计的WEB自媒体博
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Article
What Has Conflux Tree-Graph Done in 2026?The technology was developed by the team led by Turing Award laureate and academician Yao Qizhi. It is positioned as the only compliant, permissionless public blockchain in mainland China, with Hong Kong serving as a gateway to Web3. On paper, Tree-Graph Conflux and CFX seem like the obvious choice among China’s homegrown public blockchains. But the price tells a different story: it’s currently just over five cents, with a market cap of under $300 million. It’s down about 64% over the past year and 96% from its 2021 all-time high of $1.7. The technology is on fire; the token price is flat. CFX Price 1. Technology: A flurry of upgrades, with v3.1.0 as the year’s major highlight The v3.0 Tree-Graph upgrade is fully rolled out: TPS has increased to 15,000, with native support for on-chain AI agents.

What Has Conflux Tree-Graph Done in 2026?

The technology was developed by the team led by Turing Award laureate and academician Yao Qizhi. It is positioned as the only compliant, permissionless public blockchain in mainland China, with Hong Kong serving as a gateway to Web3. On paper, Tree-Graph Conflux and CFX seem like the obvious choice among China’s homegrown public blockchains. But the price tells a different story: it’s currently just over five cents, with a market cap of under $300 million. It’s down about 64% over the past year and 96% from its 2021 all-time high of $1.7.
The technology is on fire; the token price is flat.
CFX Price
1. Technology: A flurry of upgrades, with v3.1.0 as the year’s major highlight
The v3.0 Tree-Graph upgrade is fully rolled out: TPS has increased to 15,000, with native support for on-chain AI agents.
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Robinhood’s technical base and authorization come from Arbitrum. The chain is an independent L2 operated by Robinhood itself. How does ARB get a share of its fee revenue? How do they split it? 1/10% of Robinhood Chain’s net protocol revenue goes to the Arbitrum ecosystem a/8% → Arbitrum DAO treasury; ARB holders b/2% → Developer Guild 2/90% Robinhood keeps about This is bullish for ARB $ARB
Robinhood’s technical base and authorization come from Arbitrum. The chain is an independent L2 operated by Robinhood itself. How does ARB get a share of its fee revenue? How do they split it?

1/10% of Robinhood Chain’s net protocol revenue goes to the Arbitrum ecosystem
a/8% → Arbitrum DAO treasury; ARB holders
b/2% → Developer Guild

2/90% Robinhood keeps about

This is bullish for ARB $ARB
Former Celsius boss Mashinsky sentenced to 12 years, fined $35 million, and banned from the industry for life. He once touted it as “safer than banks,” but used customers’ money for high-risk bets and concealed losses. Thankfully, the bankruptcy process has returned $3.4 billion to customers. But the question remains: How many more times are you willing to believe a centralized platform when it claims to be “safer”?
Former Celsius boss Mashinsky sentenced to 12 years, fined $35 million, and banned from the industry for life.

He once touted it as “safer than banks,” but used customers’ money for high-risk bets and concealed losses. Thankfully, the bankruptcy process has returned $3.4 billion to customers.

But the question remains: How many more times are you willing to believe a centralized platform when it claims to be “safer”?
Zcash goes quantum-resistant in January; Ethereum pushes it back to 2029. Warnings that AI could crack wallets within months flood feeds, and ZEC drops 11% first. Are your coins really safe? $ZEC {spot}(ZECUSDT)
Zcash goes quantum-resistant in January; Ethereum pushes it back to 2029. Warnings that AI could crack wallets within months flood feeds, and ZEC drops 11% first. Are your coins really safe? $ZEC
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Bearish
Damn, institutions are fleeing even faster than retail investors. On October 7, U.S. spot BTC ETFs saw $487 million in outflows in a single day—the worst in six months. BlackRock’s IBIT alone lost $208 million, while ETH has been bleeding for seven straight days. The trigger came from outside crypto: Treasury yields hit their highest level since 2002, oil prices neared $100, and the Fed hinted at another rate hike. With risk-free returns at 5%, nobody wants to hold non-yielding BTC. What stings even more is that the price has fallen below the ETFs’ average cost basis of 84,318; of the $429 million in liquidations, 87.5% were long positions. Keep a close eye on ETF flows ahead of the Fed’s rate decision on the 27th. $BTC {spot}(BTCUSDT) #比特币ETF单日净流出2.44亿美元
Damn, institutions are fleeing even faster than retail investors. On October 7, U.S. spot BTC ETFs saw $487 million in outflows in a single day—the worst in six months. BlackRock’s IBIT alone lost $208 million, while ETH has been bleeding for seven straight days.

The trigger came from outside crypto: Treasury yields hit their highest level since 2002, oil prices neared $100, and the Fed hinted at another rate hike. With risk-free returns at 5%, nobody wants to hold non-yielding BTC. What stings even more is that the price has fallen below the ETFs’ average cost basis of 84,318; of the $429 million in liquidations, 87.5% were long positions.

Keep a close eye on ETF flows ahead of the Fed’s rate decision on the 27th. $BTC
#比特币ETF单日净流出2.44亿美元
Verified
Today, Samsung selected Sui as the blockchain infrastructure partner for Samsung Wallet’s stablecoin feature, enabling USDC on the Sui network to be used on Galaxy phones. Sui’s latest test speed has reportedly exceeded 40 million TPS. For small everyday payments, what really matters is speed first, fees second, and security third! #sui $SUI
Today, Samsung selected Sui as the blockchain infrastructure partner for Samsung Wallet’s stablecoin feature, enabling USDC on the Sui network to be used on Galaxy phones. Sui’s latest test speed has reportedly exceeded 40 million TPS. For small everyday payments, what really matters is speed first, fees second, and security third! #sui $SUI
Partly True
Tree graph’s advantage yesterday has become today’s ceiling: “the only legally compliant public chain in the country.” Since the mainland hasn’t loosened restrictions, it’s impossible to attract large-scale users. While it has a complete ecosystem, it doesn’t have enough users. But if one day, mainland policies and regulations become clear, it will definitely perform very well first. After all, it already has mature integrations for payments, RWA, stablecoins, and hardware wallets! The mainland will eventually open up; the whole world will connect, just like the internet back then—only it hasn’t found the specific way to manage the blocks yet. Once it does, it will open. At the moment, Hong Kong 🇭🇰 is only piloting. #conflux $CFX {spot}(CFXUSDT)
Tree graph’s advantage yesterday has become today’s ceiling: “the only legally compliant public chain in the country.” Since the mainland hasn’t loosened restrictions, it’s impossible to attract large-scale users. While it has a complete ecosystem, it doesn’t have enough users.

But if one day, mainland policies and regulations become clear, it will definitely perform very well first. After all, it already has mature integrations for payments, RWA, stablecoins, and hardware wallets!
The mainland will eventually open up; the whole world will connect, just like the internet back then—only it hasn’t found the specific way to manage the blocks yet. Once it does, it will open. At the moment, Hong Kong 🇭🇰 is only piloting.
#conflux $CFX
Verified
At the Basecamp event synchronized with Token2049, SUI measured 40,614,180 TPS—40.61 million transactions per second on site, and the third-party security firm CertiK verified it on the spot. Sounds like an astronomical number, right? But I need to cool things off for you: That figure is not the number of 40 million+ transactions per second that the SUI mainnet actually processes on-chain. It relies on a system called Tunnels—off-chain tunnels. In simple terms: transactions happen at high speed off-chain first, with no gas. Then, once the tunnel closes, the final state is settled back to the mainnet. All of that requires only two transactions (open + close). It’s fast and verifiable, but it’s not the same as the speed you’re used to when you send 1 U. Let’s compare for a clearer perspective: Visa’s global network averaged only about 8,165 transactions per second in 2025. SUI’s 40.61 million is the ceiling of an extreme stress test, not everyday real throughput. Three months ago, on May 4, SUI was at 6.08 million TPS. Now it’s more than 6 times higher. Mysten Labs’ CEO said this is paving the way for the AI agent era in advance—when thousands upon thousands of AI agents transfer and pay each other, you’ll need infrastructure like these pipelines to make it work. My take: The numbers are indeed mind-blowing, and CertiK’s verification is a plus. But everyday people shouldn’t get dazzled by a ten-thousand-word spectacle of digits. The real craftsmanship is whether this system can make it so you and I can transfer funds quickly, cheaply, and reliably too. Until then, it’s more like a beautiful $SUI {spot}(SUIUSDT)
At the Basecamp event synchronized with Token2049, SUI measured 40,614,180 TPS—40.61 million transactions per second on site, and the third-party security firm CertiK verified it on the spot. Sounds like an astronomical number, right? But I need to cool things off for you:
That figure is not the number of 40 million+ transactions per second that the SUI mainnet actually processes on-chain.
It relies on a system called Tunnels—off-chain tunnels.
In simple terms: transactions happen at high speed off-chain first, with no gas. Then, once the tunnel closes, the final state is settled back to the mainnet. All of that requires only two transactions (open + close). It’s fast and verifiable, but it’s not the same as the speed you’re used to when you send 1 U.
Let’s compare for a clearer perspective: Visa’s global network averaged only about 8,165 transactions per second in 2025. SUI’s 40.61 million is the ceiling of an extreme stress test, not everyday real throughput.
Three months ago, on May 4, SUI was at 6.08 million TPS. Now it’s more than 6 times higher. Mysten Labs’ CEO said this is paving the way for the AI agent era in advance—when thousands upon thousands of AI agents transfer and pay each other, you’ll need infrastructure like these pipelines to make it work.

My take:
The numbers are indeed mind-blowing, and CertiK’s verification is a plus. But everyday people shouldn’t get dazzled by a ten-thousand-word spectacle of digits. The real craftsmanship is whether this system can make it so you and I can transfer funds quickly, cheaply, and reliably too. Until then, it’s more like a beautiful $SUI
Two days, two exchanges, and both let AI trade your coins for you. On October 5th, Binance streamed a show and came up with “Binance Intelligence.” The most ruthless part is AI Pro—when you just say in plain language, “Help me keep an eye on that pile of coins, and if it drops below a certain line, remind me,” it directly generates a runnable trading strategy, no code needed. The next day, OKX in Singapore also followed suit, rolling out an “AI Bot,” using the same natural-language-to-strategy approach. Add earlier releases too—Coinbase (June), Robinhood (September)— One sentence: The four major exchanges are all letting AI touch your money. I’m not saying AI isn’t useful. It’s just that the rules are written way too blunt: if you lose, that’s on you. This year, U.S. regulator FINRA called out three kinds of traps: executing without prior approval, making unauthorized moves, and being unable to trace decisions after the fact. Binance itself also said it can’t see the AI’s decision-making process. It’s like handing your money to a robot you don’t really understand—if it buys wrong, you’re the one who has to take the blame. Watching the market, checking data, and giving advice—AI is genuinely great. But handing your principal to a robot that basically says “if you lose, it’s not my fault” to buy and sell for you? I’m not there yet. Would you dare let AI move your money? Drop your thoughts in the comments. #上车的陈克
Two days, two exchanges, and both let AI trade your coins for you.
On October 5th, Binance streamed a show and came up with “Binance Intelligence.” The most ruthless part is AI Pro—when you just say in plain language, “Help me keep an eye on that pile of coins, and if it drops below a certain line, remind me,” it directly generates a runnable trading strategy, no code needed.

The next day, OKX in Singapore also followed suit, rolling out an “AI Bot,” using the same natural-language-to-strategy approach.
Add earlier releases too—Coinbase (June), Robinhood (September)—
One sentence:
The four major exchanges are all letting AI touch your money.
I’m not saying AI isn’t useful. It’s just that the rules are written way too blunt: if you lose, that’s on you.
This year, U.S. regulator FINRA called out three kinds of traps: executing without prior approval, making unauthorized moves, and being unable to trace decisions after the fact. Binance itself also said it can’t see the AI’s decision-making process.
It’s like handing your money to a robot you don’t really understand—if it buys wrong, you’re the one who has to take the blame.
Watching the market, checking data, and giving advice—AI is genuinely great. But handing your principal to a robot that basically says “if you lose, it’s not my fault” to buy and sell for you? I’m not there yet.
Would you dare let AI move your money? Drop your thoughts in the comments.
#上车的陈克
Why did the entire crypto market drop today? In one word: too much leverage—one spark was all it took to blow things up. Money was already drying up in October, while bulls were crowded around 84K, betting on a rally. A slight price dip triggered a liquidation cascade, wiping out hundreds of millions in long positions in ten minutes. Spot holders didn’t flee; it was the gamblers’ leveraged positions that got wiped out. Remember: a drop isn’t scary—borrowed positions are what can kill you. —Attention, passengers getting on board: #比特币跌破8.4万美元
Why did the entire crypto market drop today? In one word: too much leverage—one spark was all it took to blow things up. Money was already drying up in October, while bulls were crowded around 84K, betting on a rally. A slight price dip triggered a liquidation cascade, wiping out hundreds of millions in long positions in ten minutes. Spot holders didn’t flee; it was the gamblers’ leveraged positions that got wiped out. Remember: a drop isn’t scary—borrowed positions are what can kill you.
—Attention, passengers getting on board: #比特币跌破8.4万美元
The conference has just started, and crypto prices are all plunging. This is pretty rare. Does anyone know what's behind it?
The conference has just started,
and crypto prices are all plunging.
This is pretty rare.
Does anyone know what's behind it?
Someone said today that the top five addresses on Tree-Graph hold 60%. The bulk of that 60% isn’t individual whales of the kind retail investors imagine. Instead: 1/ The foundation/ecosystem fund contract holds 40%. This is the real risk: its tokens have already been fully unlocked, so in theory they could be moved at any time. 2/ An ownerless dormant contract holds 665 million, around 13%. It has only ever made one transaction on the entire network, and nobody has claimed it. It’s a mystery in its own right. 3/ The zero address holds 11.5% — burned tokens and storage collateral, not anyone’s wallet. 4/ Exchange hot wallets only rank 6th and 7th, each holding 200–300 million. Meanwhile, total PoS staking across the network is about 830 million coins, or 16% of the circulating supply. It’s spread across countless voter addresses on 65 validator nodes, so it isn’t counted among the top five addresses. But there’s one detail to keep in mind: the ranked balances include tokens locked for voting. Of the 1.376 billion held by the top-ranked ecosystem fund contract, about 500 million is staked in PoS by the contract itself.$CFX {spot}(CFXUSDT)
Someone said today that the top five addresses on Tree-Graph hold 60%. The bulk of that 60% isn’t individual whales of the kind retail investors imagine. Instead:
1/ The foundation/ecosystem fund contract holds 40%. This is the real risk: its tokens have already been fully unlocked, so in theory they could be moved at any time.

2/ An ownerless dormant contract holds 665 million, around 13%. It has only ever made one transaction on the entire network, and nobody has claimed it. It’s a mystery in its own right.

3/ The zero address holds 11.5% — burned tokens and storage collateral, not anyone’s wallet.

4/ Exchange hot wallets only rank 6th and 7th, each holding 200–300 million.

Meanwhile, total PoS staking across the network is about 830 million coins, or 16% of the circulating supply. It’s spread across countless voter addresses on 65 validator nodes, so it isn’t counted among the top five addresses. But there’s one detail to keep in mind: the ranked balances include tokens locked for voting. Of the 1.376 billion held by the top-ranked ecosystem fund contract, about 500 million is staked in PoS by the contract itself.$CFX
Article
Privacy is a necessity— the market has never truly killed itFor ZEC, one major event in 2026 was still missing. This is a major factor affecting the coin price: a coin that was delisted by global exchanges was listed on the NYSE in 2026. ZEC’s script this year is wilder than a movie: In January, the SEC investigation was concluded. The regulatory sword that had hung over it for years finally landed in May. In May, the Orchard vulnerability was exposed—lying dormant for 4 years. In theory, it could fabricate coins out of thin air without leaving traces. The team issued an emergency soft fork to stop the bleeding within 5 days. Coin price: 630 → 2507. In July, the Ironwood mainnet went live—sealed off old pools and, if necessary, rebuilt from scratch to lock up potentially fake coins. In August, ZCSH launched on the NYSE, the world’s first privacy-coin spot ETF, with AUM surpassing $400 million. In September, it surged to $1,674—20x within the year—then within the next 12 hours, liquidations wiped out positions across the entire market, the #1 liquidation event.

Privacy is a necessity— the market has never truly killed it

For ZEC, one major event in 2026 was still missing. This is a major factor affecting the coin price: a coin that was delisted by global exchanges was listed on the NYSE in 2026.
ZEC’s script this year is wilder than a movie:
In January, the SEC investigation was concluded. The regulatory sword that had hung over it for years finally landed in May. In May, the Orchard vulnerability was exposed—lying dormant for 4 years. In theory, it could fabricate coins out of thin air without leaving traces. The team issued an emergency soft fork to stop the bleeding within 5 days. Coin price: 630 → 2507. In July, the Ironwood mainnet went live—sealed off old pools and, if necessary, rebuilt from scratch to lock up potentially fake coins. In August, ZCSH launched on the NYSE, the world’s first privacy-coin spot ETF, with AUM surpassing $400 million. In September, it surged to $1,674—20x within the year—then within the next 12 hours, liquidations wiped out positions across the entire market, the #1 liquidation event.
Tree map Conflux’s bsim card hardware wallet. I got one to try in Hong Kong last time. 1 It’s a SIM card plus a hardware wallet. It can buy data plans globally, no VPN needed globally↑ the network. You can’t make calls and it can’t receive SMS. 2 Right now it only supports storing CFX on the Ethereum chain; it does not support the Tree map chain. But you can directly connect to the Tree map ecosystem. 3 There’s no mnemonic phrase to use—it's just that I don’t know how to recover it if the phone is lost or if the card breaks. $CFX {spot}(CFXUSDT)
Tree map Conflux’s bsim card hardware wallet. I got one to try in Hong Kong last time.
1 It’s a SIM card plus a hardware wallet. It can buy data plans globally, no VPN needed globally↑ the network. You can’t make calls and it can’t receive SMS.
2 Right now it only supports storing CFX on the Ethereum chain; it does not support the Tree map chain. But you can directly connect to the Tree map ecosystem.
3 There’s no mnemonic phrase to use—it's just that I don’t know how to recover it if the phone is lost or if the card breaks. $CFX
National Day’s Height Avenue Intersection
National Day’s Height Avenue Intersection
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Bullish
A counterfeit coin loophole hidden for 4 years: Zcash was brought to light last year after someone dug up a vulnerability that had been lying there for a full 4 years. This flaw can conjure coins out of thin air, and even when coins are created, it can’t be traced—because the transaction amounts themselves are encrypted. In the end, the official response wasn’t to apply a hard patch; instead, they rebuilt a new pool, closed the old one so it can be accessed but not entered, and the extra counterfeit coins can never be spent. A textbook-level move: better to tear it all down and rebuild than pretend nothing happened. $ZEC {spot}(ZECUSDT) #Zcash较9月峰值回落21%
A counterfeit coin loophole hidden for 4 years: Zcash was brought to light last year after someone dug up a vulnerability that had been lying there for a full 4 years. This flaw can conjure coins out of thin air, and even when coins are created, it can’t be traced—because the transaction amounts themselves are encrypted. In the end, the official response wasn’t to apply a hard patch; instead, they rebuilt a new pool, closed the old one so it can be accessed but not entered, and the extra counterfeit coins can never be spent. A textbook-level move: better to tear it all down and rebuild than pretend nothing happened. $ZEC
#Zcash较9月峰值回落21%
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Bullish
ZEC is the mainstream of the privacy-coin sector, using optional privacy via zero-knowledge proofs (zk-SNARK). It supports both transparent and shielded addresses. This is what earned it an entry ticket to a U.S. stock ETF that Monero couldn’t get. Its hard-currency characteristics copy Bitcoin’s fixed 21 million cap plus a 4-year halving schedule; currently about 16.9 million coins are in circulation—around 80%. In 2026, its three biggest catalysts: 1/ZCSH spot ETF begins trading on NYSE Arca on August 25, the world’s first U.S. stock privacy-coin ETF (fee rate 2.5%, AUM once exceeding $400 million). 2/SEC investigation closed with a finding of no wrongdoing (January/May), removing the biggest regulatory Sword of Damocles. 3/Ironwood (NU6.3) mainnet upgrade on July 28 fixes an Orchard circuit vulnerability that had been lurking for 4 years—potentially allowing counterfeit coins to be created out of thin air. It uses a gating mechanism to lock any potential fake coins into the old pool. From 37 last year to 1393 yuan today $ZEC {spot}(ZECUSDT) Up about 3656.8%
ZEC is the mainstream of the privacy-coin sector, using optional privacy via zero-knowledge proofs (zk-SNARK). It supports both transparent and shielded addresses. This is what earned it an entry ticket to a U.S. stock ETF that Monero couldn’t get. Its hard-currency characteristics copy Bitcoin’s fixed 21 million cap plus a 4-year halving schedule; currently about 16.9 million coins are in circulation—around 80%.

In 2026, its three biggest catalysts:

1/ZCSH spot ETF begins trading on NYSE Arca on August 25, the world’s first U.S. stock privacy-coin ETF (fee rate 2.5%, AUM once exceeding $400 million).

2/SEC investigation closed with a finding of no wrongdoing (January/May), removing the biggest regulatory Sword of Damocles.

3/Ironwood (NU6.3) mainnet upgrade on July 28 fixes an Orchard circuit vulnerability that had been lurking for 4 years—potentially allowing counterfeit coins to be created out of thin air. It uses a gating mechanism to lock any potential fake coins into the old pool.
From 37 last year to 1393 yuan today $ZEC

Up about 3656.8%
What rank was this car owner at 20 years ago? Posters and cars are basically invisible now
What rank was this car owner at 20 years ago? Posters and cars are basically invisible now
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Bullish
ETF inflow of tens of billions + BTC rotation effect + improving regulation outlook + AI narrative boost—these four forces are pushing ETH to a new all-time high at Q3. Currently, the $2,700–$2,800 range contains a dense supply zone with more than 10 million ETH, so near-term pressure is significant. 👉 Ethereum spot ETFs saw cumulative net inflows of over $10 billion in Q3, and institutional buy-side demand has remained steady…… 👌 In August, Trump pushed for the CLARITY Act (Digital Assets Market Clarity Act), bringing greater clarity to the crypto regulatory framework$ETH {spot}(ETHUSDT) #以太坊三季度涨70.9%
ETF inflow of tens of billions + BTC rotation effect + improving regulation outlook + AI narrative boost—these four forces are pushing ETH to a new all-time high at Q3. Currently, the $2,700–$2,800 range contains a dense supply zone with more than 10 million ETH, so near-term pressure is significant.
👉 Ethereum spot ETFs saw cumulative net inflows of over $10 billion in Q3, and institutional buy-side demand has remained steady……
👌 In August, Trump pushed for the CLARITY Act (Digital Assets Market Clarity Act), bringing greater clarity to the crypto regulatory framework$ETH

#以太坊三季度涨70.9%
The Chinese community faction made a meme themselves to protest the party’s different treatment of the Chinese community. It’s a bit chaotic, but you can’t beat it—those uncles and aunties have plenty of retirement money. For this price, it’s like “pay back and stretch it.” At first I wasn’t interested, but now it’s too late. Seriously, in the crypto world, being too smart won’t make you money. Next time you spot a scam, you should immediately join it, and sit down in the spot closest to the entrance.
The Chinese community faction made a meme themselves to protest the party’s different treatment of the Chinese community. It’s a bit chaotic, but you can’t beat it—those uncles and aunties have plenty of retirement money. For this price, it’s like “pay back and stretch it.” At first I wasn’t interested, but now it’s too late.
Seriously, in the crypto world, being too smart won’t make you money. Next time you spot a scam, you should immediately join it, and sit down in the spot closest to the entrance.
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