Two attacks in the Strait of Hormuz in a single day: first a tanker was hit by unknown shrapnel, and then an LPG cargo ship was also targeted. This shipping lane carries nearly 20% of the world’s oil transport, and any sustained disruption will directly change the crude oil pricing logic—volatility is very likely to spike in the short term.

Gold is a bit more nuanced. It’s already trading at high levels, and an escalation in geopolitical risk typically triggers a wave of safe-haven demand. But one detail is worth noting: Pakistan’s and Iran’s interior ministers just met in Tehran today. The timing is intriguing, and there may be broader regional coordination behind it.

On the contract hot list, $ZEC surged to sixth place—an unexpected move from a privacy coin is no coincidence. $SUI also entered the top ten, with funds flowing from large caps into mid-cap Layer 1s.

For memes, $STONK is up 26% in a day. The project team directly burned 17% of the total supply. This deflationary playbook is becoming more popular in the Solana ecosystem—but the real question is: who will follow next?